Company: HCTI
Filing Date: 2025-02-18
Form Type: 10-K/A
Source: 0001213900-25-014503
Chunk: 121

Company: Healthcare Triangle, Inc.
Filing Date: 2025-02-18
Form: 10-K/A
Chunk 121
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 | N/A |     |                  | 24.7 | % |

| * | Less than 1%. |

| (1) | The principal address of the named officers, directors and                                                                 
 5% stockholders of the Company is c/o Healthcare Triangle, Inc., 7901 Stoneridge Drive, Suite 

# 220, Pleasanton, CA 94588. |
| (2) | SecureKloud Technologies, Inc. is 60.7% owned by SecureKloud      
 Technologies Limited which is a publicly traded company in India. |

58 Item 13. Certain Relationships and Related Party Transactions, and Director Independence We have engaged in the following related party transactions with the Parent. The Company entered into a Master Service Agreement, Shared Services Agreement and Rental Sublease Agreement with its Parent. As per the Master Services Agreement, parent provides technical resources according to the statement of work from the Company. The initial term of the agreement is twenty-four months which is extendable based on mutual consent. The Parent charges for the services at cost. The Company received services amounting to $5,445 and $14,063 for the year ended December 31, 2023, and 2022 respectively. The Company has paid for these services during the year. As per the terms of the Shared Services and Rental Sublease Agreement, the cost incurred by the Parent on behalf of the Company are settled at cost. The Shared Services Agreement includes Development infrastructure, Sales support, Recruitment and Immigration support, Project coordination, HR and Operation support, Management /Advisory services. The Company received services amounting to $377 and $197 for the year ended December 31, 2023, and 2022 respectively. The Company has paid for these services during the year. The Company does not have any signed lease agreement in its name and currently operates from two office locations leased by the Parent. The Company has entered into a sublease agreement with the Parent and paid rent of $235 and $180 for the year ended December 31, 2023, and 2022 respectively. The Company has made $42 of sales to related parties for the year ended December 31, 2022, and $ 479 for the year ended December 31, 2021. The Company has acquired intangibles of $0 from related parties for the year ended December 31, 2023, and $ 3,279 for the year ended December 31, 2022. The Company had entered into a