Company: HCTI
Filing Date: 2025-03-05
Form Type: PRE 14C
Source: 0001213900-25-020571
Chunk: 8

Company: Healthcare Triangle, Inc.
Filing Date: 2025-03-05
Form: PRE 14C
Chunk 8
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| ● | the number of shares of Common Stock then reserved for issuance under                                                                  
 our equity compensation plan will be reduced proportionately; and                                                                      |
| ● | the total number of authorized shares of Common Stock will remain at                                                                   
 100,000,000 (or 1,000,000,000 after the filing of the Certificate of Amendment).                                                       |

The following table summarizes, for illustrative
purposes only, the anticipated effects of a Reverse Stock Split on our shares available for issuance based on information as of the Record
Date (unless otherwise noted below) and without giving effect to the treatment of fractional shares.

A Reverse Stock Split would affect all stockholders
uniformly. As of the effective date of the Reverse Stock Split which shall be determined by the Board in its sole discretion, each stockholder
would own a reduced number of shares of Common Stock. Percentage ownership interests, voting rights and other rights and preferences
would not be affected, except to the extent that the Reverse Stock Split would result in fractional shares (as described below).

A Reverse Stock Split would not affect the registration
of our Common Stock under Section 12(b) of the Exchange Act and we would continue to be subject to the periodic reporting
and other requirements of the Exchange Act. Barring delisting by Nasdaq, our Common Stock would continue to be listed on Nasdaq
under the symbol “HCTI,” but would have a new Committee on Uniform Securities Identification Procedures number after the
effective date.

Fractional Shares

No fractional shares of common stock will be
issued as a result of the Reverse Stock Split. In lieu of any fractional shares to which a stockholder of record would otherwise be entitled,
we will issue a whole share in lieu of any fractional share of Common Stock, at a participant level.

As of February 24, 2025, there were 41 common
stockholders of record. We do not intend for this transaction to be the first step in a series of plans or proposals of a “going
private transaction” within the meaning of Rule 13e-3 of the Exchange Act.

Procedure for Effecting a Reverse Stock Split

Beneficial Holders of Common Stock

Stockholders who hold their shares through a
bank, broker or other nominee will be treated in the same manner as registered stockholders who hold their shares in their names. Banks,
brokers and other nominees will be instructed to effect the Reverse Stock Split for beneficial owners of such shares. However, banks,
brokers or other nominees may