Company: HCTI
Filing Date: 2025-03-03
Form Type: 8-K
Source: 0001213900-25-018926
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Company: Healthcare Triangle, Inc.
Filing Date: 2025-03-03
Form: 8-K
Item: Item 1.01
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Item 1.01. Entry into a Material Definitive Agreement.

On February 27, 2025, Healthcare
Triangle, Inc. (the “ Company”) entered into Securities Purchase Agreements dated February 27, 2025 (the “ Purchase
Agreement”) with institutional investors (the “ Investors”) for the private placement of 36,190,485 units
(each a, “Unit”), each Unit consisting of one share of the Company’s common stock (“ Common Stock”)
or one pre-funded warrant (a “ Pre-Funded Warrant”) to purchase one share of common stock, one Series A Warrant (a “ Series
A Warrant”) to purchase one share of common stock and one Series B Warrant (a “ Series B Warrant” and together
with the Series A Warrant, the “ Purchase Warrants”) to purchase one share of common stock at an offering price of $0.42
per Unit (or $0.41999 per Unit in the case of Units that include pre-funded warrants). The Common Stock, the Pre-Funded Warrants and the
Purchase Warrants included in the Units and the Common Stock underlying the Pre-Funded Warrants and the Purchase Warrants are collectively
referred to herein as the “ Securities” and the Securities, other than the Pre-Funded Warrants, and the Purchase Warrants
shall be referred to herein as the “ Registrable Securities. ” The entire transaction has been priced at the market under
Nasdaq rules and closed on February 28, 2025.