Company: HCTI
Filing Date: 2025-05-20
Form Type: 10-Q
Source: 0001213900-25-045994
Chunk: 23

Company: Healthcare Triangle, Inc.
Filing Date: 2025-05-20
Form: 10-Q
Item: Part I, Item 1
Chunk 23
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    2/3/2025 
     200,000  
     0.58  
     464,681 
  
    2/14/2025 
     175,000  
     0.41  
     583,076 
  
    2/18/2025 
     175,000  
     0.41  
     584,102 
  
    2/21/2025 
     200,000  
     0.38  
     726,818 
  
    Total 
    $875,000  
        
     2,629,039 

B. Pioneer Garage

During the quarter ending March 31, 2025, the
Company repaid convertible note amounting to $1,500,000.

    Convertible Note 
    March 31,  2025  
    December 31,  2024 
  
    Short-term borrowing 
    $           -  
    $2,061 
  
    Long-term borrowing 
     -  
     - 
  
    Convertible note outstanding 
    $-  
    $2,061 

    Convertible Note 
    March 31,  2025  
    December 31,  2024 
  
    Convertible notes payable 1 
    $        -  
    $2,375 
  
    Less: discount 2 
     -  
     314 
  
    Notes payable, net of discount 1-2 
     -  
     2,061 
  
    Notes payable, current portion, net of discount 
     -  
     2,061 
  
    Notes payable, long-term portion, net of discount 
    $-  
    $- 

B. Common Stock Warrants

On December 28, 2023, the Company issued Senior
Secured 15% Original Issue Discount Convertible Promissory Note for an initial amount of $2,000,000 of convertible notes with an annual
interest rate of 18% and a maturity term of 18 months. In connection with this issuance, the Company also issued 357,500 warrants, each
allowing the holder to purchase shares of the Company’s common stock at an exercise price of $3.44688, exercisable until December
28, 2028.