09:33 AM EDT, 09/12/2024 (MT Newswires) -- Heart Test Laboratories ( HSCS ) said Thursday that it closed a non-dilutive financing, with $1.9 million in net proceeds.

The medical technology company said the unsecured loan note has an 18-month maturity date and increased its current capital sources by $2.4 million since late August.

Shares of Heart Test Laboratories ( HSCS ) were up 5.4% in early trading Thursday.

Price: 3.1000, Change: +0.16, Percent Change: +5.44