Company: HCTI
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001213900-25-026218
Chunk: 46

Company: Healthcare Triangle, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 46
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 In this prospectus, we have not included
all of the executive compensation-related information that would be required if we were not an emerging growth company. We cannot predict
whether investors will find our common stock less attractive if we rely on these exemptions. If some investors find our common stock less
attractive as a result, there may be a less active trading market for our common stock and our stock price may be more volatile.

In addition, the JOBS Act provides that an emerging
growth company can take advantage of an extended transition period for complying with new or revised accounting standards. This allows
an emerging growth company to delay the adoption of certain accounting standards until those standards would otherwise apply to private
companies. We have elected to avail ourselves of this exemption from new or revised accounting standards and, therefore, we will not be
subject to the same new or revised accounting standards as other public companies that are not emerging growth companies. As a result,
our financial statements may not be comparable to companies that comply with new or revised accounting pronouncements as of public company
effective dates.

The elimination of personal liability against
our directors and officers under Delaware law and the existence of indemnification rights held by our directors, officers and employees
may result in substantial expenses.

Our Amended and Restated Certificate of Incorporation
and our Bylaws eliminate the personal liability of our directors and officers to us and our stockholders for damages for breach of fiduciary
duty as a director or officer to the extent permissible under Delaware law. Further, our amended and restated certificate of incorporation
and our Bylaws and individual indemnification agreements we have entered with each of our directors and executive officers provide that
we are obligated to indemnify each of our directors or officers to the fullest extent authorized by the Delaware law and, subject to certain
conditions, advance the expenses incurred by any director or officer in defending any action, suit or proceeding prior to its final disposition.
Those indemnification obligations could expose us to substantial expenditures to cover the cost of settlement or damage awards against
our directors or officers, which we may be unable to afford. Further, those provisions and resulting costs may discourage us or our stockholders
from bringing a lawsuit against any of our current or former directors or officers for breaches of their fiduciary duties, even if such
actions might otherwise benefit our stockholders.

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Our certificate of incorporation will designate
the Court of Chancery of the State of Delaware as the exclusive forum for certain litigation that may be initiated by our stockholders