Heart Test Laboratories Announces Successful Regulation A Offering

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2025.10.01 21:48
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Heart Test Laboratories, Inc. (HSCS) announced a successful Regulation A Offering, generating $6.7 million in gross proceeds as of October 1, 2025. The company extended its loan maturity date to September 30, 2026, and conducted a debt exchange, reducing principal and accrued interest by $2,105,000 for common stock. Analysts rate HSCS stock as Hold with a $3.50 price target, while Spark's AI Analyst considers it Neutral due to significant financial challenges and poor valuation. Current market cap stands at $9.06 million.