Healthcare Triangle Inc. (Nasdaq: HCTI) has announced a private placement transaction involving the exercise of outstanding warrants by certain accredited and institutional investors. The company has entered into agreements for the immediate exercise of warrants to purchase a total of 377,702 shares of common stock, generating approximately $755,000 in gross cash proceeds. In return, participating investors will receive new unregistered warrants to purchase up to 377,702 additional shares at an exercise price of $3.00 per share. The new warrants are immediately exercisable and will expire five years from the date of issuance. As part of the transaction, the exercise price of the existing warrants was reduced from $20.92 to $2.00 per share. WallachBeth Capital is serving as financial advisor for the transaction.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Healthcare Triangle Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: NY90188) on October 03, 2025, and is solely responsible for the information contained therein.
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