Key Facts

• Fortitude, a Zcash miner, is merging with HeartSciences in an all-stock deal that will give Fortitude a listing on Nasdaq, a major stock exchange.
• The merger allows HeartSciences to retain its healthcare business, enabling the company to continue operating in its existing sector.
• Existing shareholders of HeartSciences will keep a minority stake in the combined entity, maintaining some ownership and control.
• The deal provides Fortitude with access to public markets, potentially increasing its visibility and capital-raising capabilities.
• The merger brings together a cryptocurrency mining company and a healthcare business, highlighting the growing trend of diverse companies exploring public listings through reverse mergers.