Company: HCTI
Filing Date: 2025-10-08
Form Type: 8-K
Source: 0001213900-25-097464
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Company: Healthcare Triangle, Inc.
Filing Date: 2025-10-08
Form: 8-K
Item: Item 1.01
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Item 1.01. Entry into a Material Definitive
Agreement.

On October 2, 2025, Healthcare Triangle, Inc.
(the “ Company”) entered into a warrant inducement letter (the “ Inducement Agreement”) with certain holders (the
“ Holders”) of the Company’s warrants to purchase shares of the Company’s common stock, par value $0.00001 per
share (the “ Common Stock”), issued in a private placement offering that closed on February 28, 2025 (the “ Existing Warrants”).
Pursuant to the Inducement Agreement, the Holders of the Existing Warrants agreed to exercise for cash the Existing Warrants to purchase
an aggregate of up to 1,429,528 shares of Common Stock (the “ Existing Warrant Shares”), at the reduced exercise price of $2.00
per share. The transactions contemplated by the Inducement Agreement (the “ Warrant Inducement”) were consummated on October
2, 2025, October 3, 2025, and October 8, 2025 (together the “ Closing Date”). The Company received aggregate gross proceeds of approximately
$2.85 million, before deducting advisory fees and other expenses payable by the Company.

In consideration of the Holders’ immediate
exercise of the Existing Warrants in accordance with the Inducement Agreement, the Company issued unregistered Common Stock Purchase Warrants
(the “ New Warrants”) to purchase an aggregate of up to 1,429,528 shares of Common Stock (100% of the number of Existing Warrant
Shares issued upon exercise of the Existing Warrants) (the “ New Warrant Shares”) to the Holders of the Existing Warrants.

The Existing Warrant Shares have been registered
pursuant to a registration statement on Form S-1 (File No. 333-286331), which was declared effective by the Securities and Exchange Commission
(the “ SEC”) on May 14, 2025.

The Company agreed in the Inducement Agreement
to file a registration statement to register the resale of the New Warrant Shares (the “ Resale Registration Statement”) as
soon as practicable (and in any event within 15 calendar days following the date of the Inducement Agreement), and to use commercially
reasonable efforts to have the Resale Registration Statement declared effective by the SEC and to keep such registration statement effective
at all times until the Holders no