Mergers & AcquisitionsMedium•21 October 2026•
1 min read
HeartSciences Files Definitive Proxy for Fortitude Mining Merger
Key Facts
1HeartSciences filed its definitive proxy statement with the SEC regarding its proposed business combination with Fortitude Mining.
2The HeartSciences Board of Directors unanimously recommended that shareholders vote in favor of the transaction-related proposals.
3The merger aims to establish a vertically-integrated digital asset mining platform focused on Zcash.
HeartSciences filed its definitive proxy statement (Schedule 14A) with the U.S. Securities and Exchange Commission regarding its proposed business combination with Fortitude Mining. Reuters reported that the company's Board of Directors unanimously recommended that shareholders vote in favor of the transaction-related proposals, which aim to establish a vertically-integrated digital asset mining platform focused on Zcash.
HSCS closed at $3.13 on October 20, 2026, with the stock trading between a low of $3 and a high of $3.32 during that session. This regulatory filing is a key milestone in the merger process first announced in June 2026, reducing execution risk as the deal moves toward a final shareholder vote.