Company: HCTI
Filing Date: 2025-03-17
Form Type: DEF 14C
Source: 0001213900-25-024319
Chunk: 14

Company: Healthcare Triangle, Inc.
Filing Date: 2025-03-17
Form: DEF 14C
Chunk 14
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 Unit consisting of one share of Common Stock or one pre -fundedwarrant (a “ Pre -Funded Warrant”) to purchase one share of Common Stock, a Series A common stock purchase warrant to purchase one share of common Stock (a “ Series A Warrant”) and a Setries B common stock purchase warrant to purchase one share of Common Stock (a “ Series B Warrant” and together with the Series A Warrant, “ Purchase Warrants”), at a price of $0.42 per Unit (or $0.41999 per Unit, in the case of Units containing Pre -FundedWarrants). The entire transaction was priced at the market under Nasdaq rules. The initial exercise price of each Purchase Warrant is $0.84 per share of Common Stock. The Purchase Warrants terminate on the fifth anniversary of the later of (x) effective date of stockholder approval and (y) the earlier of (i) the effective date of the registration statement (the “ Registration Statement”) filed by the Company to register the Registerable Securities or (ii) the date that the Registerable Securities can be sold, assigned or transferred without restriction or limitation pursuant to Rule 144 promulgated under the 1933 Act, as amended. The Purchase Warrants contain a one -timereset 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 th) 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