12/16/2025 | Press release | Distributed by Public on 12/16/2025 15:35
Item 1.01 Entry into a Material Definitive Agreement.
On December 15, 2025, the Board of Directors of HeartSciences Inc. (the "Company") approved a form of Indemnification Agreement (the "Indemnification Agreement") to be entered into with each of its directors and executive officers (each, an "Indemnitee"). The Indemnification Agreement provides generally that the Company will indemnify each Indemnitee and advance expenses to each Indemnitee to the fullest extent permitted under Texas law and the Certificate of Formation, and to provide for continued coverage of each Indemnitee under the Company's directors' and officers' insurance policies. The form of Indemnification Agreement is attached hereto as Exhibit 10.1. The foregoing summary and description of the provisions of the Indemnification Agreement do not purport to be complete and are qualified in their entirety by reference to the full text of the Indemnification Agreement, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.