Heart Test Laboratories (HSCS) S-1 IPO registration

Exhibit 107

Calculation of Filing Fee Table 

S-1

(Form Type)

Heart Test Laboratories, Inc.

(Exact Name of Registrant as Specified in its Charter) 

Table 1: Newly Registered Securities 

	Security Type	Security Class Title	Fee Calculation Rule		Amount Registered(1)		Proposed Maximum Offering Price Per Unit			Maximum Aggregate Offering Price			Fee Rate		Amount of Registration Fee
Fees to Be Paid	Equity	Common Stock, par value $0.001 per share		457(c)		33,060,106	$	0.1190	(2)	$	3,934,152.61	(2)		0.0001476	$	580.68
Fees to Be Paid	Equity	Common Stock, $0.001 par value per share, issuable upon exercise of Warrants		457(c)		710,605	$	0.1190	(2)	$	84,562.00	(2)		0.0001476	$	12.48
Fees to Be Paid	Equity	Common Stock, $0.001 par value per share, issuable upon exercise of Pre-Funded Warrants		457(c)		914,148		$0.1190	(2)	$	108,783.61	(2)		0.0001476	$	16.06
	Total Offering Amounts									$	4,127,498.22			—	$	609.22
	Total Fees Previously Paid										—			—		—
	Total Fee Offsets										—			—		—
	Net Fee Due										—			—	$	609.22

(1) Pursuant to Rule 416(a) of the Securities Act of 1933, as amended (the “Securities Act”), this Registration Statement shall also cover any additional shares of the Registrant’s Common Stock (“Common Stock”) in connection with any stock dividend, stock split, recapitalization or other similar transaction effected without receipt of consideration that increases the number of outstanding shares of Common Stock. 

(2) Estimated solely for the purpose of calculating the amount of the registration fee pursuant to Rule 457(c) of the Securities Act. The proposed maximum offering price per share and the proposed maximum aggregate offering price with respect to the shares are calculated based on $0.1190 per share, the average of the high and low prices of the Common Stock, as reported on the Nasdaq Capital Market on March 1, 2024, a date within five business days prior to the filing of this Registration Statement.