Company: HCTI
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001213900-25-026218
Chunk: 752

Company: Healthcare Triangle, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 5
Chunk 752
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52

Item 12. Security Ownership of Certain Beneficial Owners and Management
and Related Stockholder Matters

The table below sets forth information regarding
the beneficial ownership of the common stock by (i) our directors and named executive officers; (ii) all the named executives and directors
as a group and (iii) any other person or group that to our knowledge beneficially owns more than five percent of our outstanding shares
of common stock.

We have determined beneficial ownership in accordance
with the rules and regulations of the SEC. These rules generally provide that a person is the beneficial owner of securities if such person
has or shares the power to vote or direct the voting thereof, or to dispose or direct the disposition thereof or has the right to acquire
such powers within 60 days. Shares of common stock subject to options that are currently exercisable or exercisable within 60 days of
March 31, 2024 are deemed to be outstanding and beneficially owned by the person holding the options. Shares issuable pursuant to stock
options or warrants are deemed outstanding for computing the percentage ownership of the person holding such options or warrants, but
are not deemed outstanding for computing the percentage ownership of any other person. Except as indicated by the footnotes below, we
believe, based on the information furnished to us, that the persons and entities named in the table below will have sole voting and investment
power with respect to all shares of common stock that they will beneficially own, subject to applicable community property laws.

The information contained in this table is as of March 31, 2025. At
that date 9,020,947 shares of our common stock were outstanding.

    Number of Shares Beneficially Owned  
    Beneficial Ownership Percentages 
  
    Name and Address of Beneficial Owner (1) 
    Title 
    Common Stock  
    Series A Super Voting Preferred Stock(2)  
    Percent of Common Stock  
    Percent of Series A Super Voting Preferred Stock  
    Percent of Voting Stock (3) 
  
    Officers and Directors 

    Thyagarajan Ramachandran 
    Chief Financial Officer 
     57,961(5) 
     —  
     0.69% 
     —  
     0.40%
  
    Lakshmanan Kannappan 
    Business Head 
     39,152(6)