Company: HCTI
Filing Date: 2025-03-05
Form Type: PRE 14C
Source: 0001213900-25-020571
Chunk: 10

Company: Healthcare Triangle, Inc.
Filing Date: 2025-03-05
Form: PRE 14C
Chunk 10
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 elect to use a mark-to-market method of accounting for their securities, certain former citizens
or long-term residents of the U.S., insurance companies, persons holding shares of our Common Stock as part of a hedging, integrated
or conversion transaction or a straddle or persons deemed to sell shares of our Common Stock under the constructive sale provisions of
the Code, persons that hold more than 5% of our Common Stock, persons that hold our Common Stock in an individual retirement account,
401(k) plan or similar tax-favored account or partnerships or other pass-through entities for U.S. federal income tax purposes
and investors in such entities.

This summary does not address any U.S. federal
tax consequences other than U.S. federal income tax consequences (such as estate or gift tax consequences), the Medicare tax on
net investment income, the alternative minimum tax or any U.S. state, local or foreign tax consequences. This summary also does
not address any U.S. federal income tax considerations relating to any other transaction other than the Reverse Stock Split.

For purposes of this summary, a “”
means a beneficial owner of our Common Stock that is, for U.S. federal income tax purposes:

| ● | an individual who is a citizen or resident of the U.S.;                                                                     |
| ● | a corporation created or organized in or under the laws of the U.S.,                                                        
 any state thereof or the District of Columbia;                                                                              |
| ● | an estate the income of which is subject to U.S. federal income                                                             
 taxation regardless of its source; or                                                                                       |
| ● | a trust if (1) it is subject to the primary supervision of a court                                                          
 within the U.S. and one or more U.S. persons have the authority to control all substantial decisions of the trust or (2) it 
 has a valid election in effect under applicable U.S. Treasury regulations to be treated as a U.S. person.                   |

If an entity (or arrangement) classified as a
partnership for U.S. federal income tax purposes holds shares of our Common Stock, the tax treatment of a partner in the partnership
will generally depend upon the status of the partner and the activities of the partnership. If a holder of our Common Stock is a partner
of a partnership holding shares of our Common Stock, such holder should consult his or her own tax advisor.

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This summary of certain U.S. federal income tax consequences is for general information only and is not tax