Company: HCTI
Filing Date: 2025-03-05
Form Type: PRE 14C
Source: 0001213900-25-020571
Chunk: 15

Company: Healthcare Triangle, Inc.
Filing Date: 2025-03-05
Form: PRE 14C
Chunk 15
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 transferred without restriction or limitation pursuant to Rule 144 promulgated under the 1933 Act, as amended.
. The Purchase Warrants contain a one-time reset of the exercise price (subject to a floor of $0.084 per share) to a price equal to the
lowest Weighted Average Price (as defined in the Purchase Warrants) for the Common Stock during the period (the “Adjustment Period”) beginning two (2) trading days immediately prior to the effective date of the Registration Statement and on the tenth
(10) trading day after the effective date of the Registration Statement (the “Adjustment Period End Date”).
If a reset of the exercise price of a Purchase Warrant occurs, the number of shares of Common Stock underlying such Purchase Warrant
will also be increased on the trading day after the Adjustment Period End Date (the “Adjustment Date”), so that the
reset exercise price multiplied by increased number of shares equal the aggregate proceeds that would have resulted from the full exercise
of such Purchase Warrant immediately prior to the Adjustment Date.

If a holder of a Purchase
Warrant requests to exercise a Purchase Warrant in whole or in part on any given date prior to an Adjustment Date at any time following
Stockholder Approval, on which (1) all securities registered under the Registration Statement (“Registrable Securities”)
have become and remained registered pursuant to an effective Registration Statement that is available for the resale of all Registrable
Securities, provided, however, if less than all Registrable Securities have become registered for resale on the date that the Registration
Statement is declared effective, such holder with respect to itself only, shall have the right in its sole and absolute discretion to
deem such condition satisfied, including with regard only to the Registrable Securities that have been so registered, (2) such holder
can sell all Registrable Securities pursuant to Rule 144 without restriction or limitation or (3) twelve (12) months immediately following
the issuance of the Purchase Warrants (any such date, an “Exercise Date”), solely with respect to such portion of
the Purchase Warrant being exercised on such applicable Exercise Date, (a) such applicable Exercise Date shall be deemed to mean the
Adjustment Date, (b) such applicable Adjustment Period shall be deemed to have commenced on the applicable date set forth in clause (1),
(2) or (3) hereof, as applicable and ended on the eleventh (11th) Trading Day thereafter and (c) the applicable Adjustment Price