Company: HCTI
Filing Date: 2025-03-05
Form Type: PRE 14C
Source: 0001213900-25-020571
Chunk: 7

Company: Healthcare Triangle, Inc.
Filing Date: 2025-03-05
Form: PRE 14C
Chunk 7
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, a Reverse Stock Split may not achieve the
desired results of increasing marketability and liquidity as described above.

The implementation of a Reverse Stock Split would
result in an effective increase in the authorized number of shares of Common Stock available for issuance, which could, under certain
circumstances, have anti-takeover implications. The additional shares of Common Stock available for issuance could be used by us to oppose
a hostile takeover attempt or to delay or prevent changes in control or in our management. Although the Reverse Stock Split has been
prompted by business and financial considerations, and not by the threat of any hostile takeover attempt (nor is the Board currently
aware of any such attempts directed at us), stockholders should be aware that approval of the Reverse Stock Split could facilitate future
efforts by us to deter or prevent changes in control, including transactions in which stockholders might otherwise receive a premium
for their shares over then-current market prices.

Stockholders should also keep in mind that the
implementation of a Reverse Stock Split does not have an effect on the actual or intrinsic value of our business or a stockholder’s
proportional ownership interest (subject to the treatment of fractional shares). However, should the overall value of our common stock
decline after a Reverse Stock Split, then the actual or intrinsic value of shares held by stockholders will also proportionately decrease
as a result of the overall decline in value.

<div align='center'>4</div>

Effects of a Reverse Stock Split

As of the effective date of the
Reverse Stock Split:

| ● | a certain number shares of Common Stock outstanding (depending                                                                         
 on the Reverse Stock Split ratio selected by the Chief Executive Officer) will be combined, automatically and without any action       
 on the part of the Company or its stockholders, into one new share of Common Stock;                                                    |
| ● | no fractional shares of Common Stock will be issued; instead, stockholders                                                             
 who would otherwise receive a fractional share will receive a whole share in lieu of any fractional share of Common Stock (as detailed 
 below);                                                                                                                                |
| ● | proportionate adjustments will be made to the number of shares issuable                                                                
 upon the exercise or vesting of all then-outstanding stock options and warrants which will result in a proportional decrease in the    
 number of shares of Common Stock reserved for issuance upon exercise or vesting of such stock options and warrants and, in the case    
 of stock options, a proportional increase in the exercise price of all such stock options;                                             |