MarketPR
A Nasdaq compliance notice, filed under Item 3.01 of an 8-K on August 4, 2026, puts HeartSciences Inc.
(HSCS) in focus after Nasdaq's Listing Qualifications Department flagged a breach of Rule 5550(b)(1), which sets a $2,500,000 minimum stockholders' equity threshold for Nasdaq Capital Market issuers.
HeartSciences reported stockholders' equity of $226,060 in its Annual Report on Form 10-K for the fiscal year ended April 30, 2026. The next confirmable milestone: a compliance plan due to Nasdaq by September 18, 2026.
The equity shortfall The company's reported stockholders' equity of $226,060 sits well below the $2,500,000 floor.
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