Healthcare Triangle Inc. has announced that it has entered into warrant exercise agreements with certain accredited and institutional investors, resulting in the immediate exercise of outstanding warrants to purchase 812,775 shares of common stock. This transaction will generate approximately $1.63 million in gross proceeds for the company. In connection with the exercise, the company has agreed to reduce the exercise price of the existing warrants from $20.92 to $2.00 per share. Participating investors will also receive new unregistered warrants to purchase up to 812,775 shares of common stock at an exercise price of $3.00 per share, exercisable upon stockholder approval and expiring five years from that date. WallachBeth Capital is acting as the sole placement agent for this warrant inducement 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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-097464), on October 08, 2025, and is solely responsible for the information contained therein.
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