Cardiac device maker Heart Test seeking to raise $10M through IPO
Medical device maker Heart Test Laboratories (HSCS) has filed to raise around $10M through an initial public offering. Heart Test didn’t disclose terms in its filing, but indicated in its filing fee form that it was looking to raise up to $10M through the sale of an undisclosed number of units, with each unit consisting of one share and one warrant to buy one share. If the warrants are exercised, the deal could generate $20M.