---
title: "Fortitude Mining buys 411,522 HeartSciences shares in private placement at USD 2.43 each"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296483123.md"
description: "Fortitude Mining acquired 411,522 HeartSciences shares via private placement on Aug. 12, 2026, at $2.43 per share, totaling approximately $1 million. This transaction, priced at a 22% premium to the previous close, brings Fortitude's stake to roughly 9.4%. The investment aims to fund operating expenses ahead of HeartSciences' expected business combination closing in H2 2026."
datetime: "2026-08-20T11:30:48.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296483123.md)
  - [en](https://longbridge.com/en/news/296483123.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296483123.md)
generator: "portal-rs"
---

# Fortitude Mining buys 411,522 HeartSciences shares in private placement at USD 2.43 each

-   Fortitude Mining bought 411,522 HeartSciences shares in a private placement on Aug. 12, 2026 at $2.43 each. \* Transaction valued at about $1 million, priced at a 22% premium to the Aug. 12 close. \* Post-deal stake totals about 9.4% of issued and outstanding common stock. \* Investment intended to fund operating expenses ahead of an expected H2 2026 business combination closing. 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 Business Wire (Ref. ID: 20260820718932) on August 20, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)

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## Related News & Research

- [Fortitude invests $1.0M in HeartSciences at $2.43/share, leaves merger exchange ratio unchanged](https://longbridge.com/en/news/296400029.md)
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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**