Articles from Fortitude Mining Holdings, Inc.

Fortitude Mining Holdings, Inc. ("Fortitude" or the “Company”), a vertically-integrated digital asset mining platform anchored in Zcash, today announced the energization of its new facility in Grand Island, Nebraska. With 12 MW of power capacity now delivered, Fortitude has completed construction, brought the facility online, and validated its electrical infrastructure ahead of full-scale operations. The energization follows Fortitude’s previous announcement that it has entered into a definitive agreement for a business combination transaction (the “Proposed Transaction”) with HeartSciences Inc. (Nasdaq: HSCS) (“HeartSciences”), aiming to bring a leading vertically-integrated Zcash mining platform to the public markets.

Fortitude Mining Holdings, Inc. ("Fortitude"), a vertically-integrated digital asset mining platform anchored in Zcash, and HeartSciences Inc. (Nasdaq: HSCS) (“HeartSciences”), an AI-powered medical technology company, today announced that they have entered into a definitive merger agreement to combine in an all-stock transaction (the “Proposed Transaction”) which is expected to close in H2 2026. Upon closing, the combined company will operate under the Fortitude brand and under the leadership of Fortitude’s management team—led by Fortitude CEO Andrea Childs—and is expected to trade on the Nasdaq Capital Market under the ticker symbol “TUDE”, subject to Nasdaq approval. Current HeartSciences CEO Andrew Simpson is expected to continue to lead the healthcare business unit after closing. Additional transaction materials are available on Fortitude’s website.