HeartSciences Inc. Announces Conversion of Preferred Shares and Debt Exchange, Reducing Principal by $1.65 Million

Reuters08-23

<a href="https://laohu8.com/S/HSCS">HeartSciences Inc</a>. Announces Conversion of Preferred Shares and Debt Exchange, Reducing Principal by $1.65 Million

Heartsciences Inc. has announced a significant financial maneuver involving the conversion of preferred shares and a debt exchange. As of August 22, 2025, the company has successfully converted 979,851 shares of its Series D Preferred Stock into an equal number of common stock shares. Additionally, Heartsciences has executed a debt exchange, converting $1,655,000 of an unsecured promissory note into 461,572 shares of common stock. These strategic moves have increased the total number of outstanding common stock shares to 2,535,066. This development reflects Heartsciences' ongoing efforts to streamline its capital structure and bolster its financial standing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Heartsciences Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001468492-25-000003), on August 22, 2025, and is solely responsible for the information contained therein.

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Announces Conversion of Preferred Shares and Debt Exchange, Reducing Principal by $1.65 Million\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Heartsciences Inc. has announced a significant financial maneuver involving the conversion of preferred shares and a debt exchange. As of August 22, 2025, the company has successfully converted 979,851 shares of its Series D Preferred Stock into an equal number of common stock shares. Additionally, Heartsciences has executed a debt exchange, converting $1,655,000 of an unsecured promissory note into 461,572 shares of common stock. These strategic moves have increased the total number of outstanding common stock shares to 2,535,066. 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Announces Conversion of Preferred Shares and Debt Exchange, Reducing Principal by $1.65 Million\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Heartsciences Inc. has announced a significant financial maneuver involving the conversion of preferred shares and a debt exchange. As of August 22, 2025, the company has successfully converted 979,851 shares of its Series D Preferred Stock into an equal number of common stock shares. Additionally, Heartsciences has executed a debt exchange, converting $1,655,000 of an unsecured promissory note into 461,572 shares of common stock. These strategic moves have increased the total number of outstanding common stock shares to 2,535,066. 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ID: 0001468492-25-000003), on August 22, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4082","symbol_name":"医疗保健设备","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250822:nNDLcfy7RC:1","article_id":"2561400646","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2561400646","pubTimestamp":1755893402,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Heartsciences Inc. has announced a significant financial maneuver involving the conversion of preferred shares and a debt exchange. 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