Company: HCTI
Filing Date: 2025-04-01
Form Type: S-1
Source: 0001213900-25-027277
Chunk: 29

Company: Healthcare Triangle, Inc.
Filing Date: 2025-04-01
Form: S-1
Chunk 29
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, Regulation M may also restrict the ability of any person engaged in the distribution of the Common Stock
to engage in market-making activities with respect to the Common Stock. All of the foregoing may affect the marketability of the Common
Stock and the ability of any person or entity to engage in market-making activities with respect to the common shares.

We are not selling any
shares of our Common Stock in this offering, and we will not receive any of the proceeds from the sale of shares of our Common Stock by
the selling stockholder. The selling stockholders will receive all of the proceeds from any sales of the shares of our Common Stock offered
hereby. There can be no assurances that the selling stockholders will sell any or all of the securities offered under this prospectus.

The selling stockholders
will pay all selling commissions, underwriting discounts, other broker-dealer fees, finder’s fees and stock transfer taxes applicable
to the Common Stock offered hereby. We will bear all other costs, fees and expenses incurred in effecting the registration of the shares
covered by this prospectus, including, without limitation, all registration and filing fees, fees and expenses of compliance with securities
or blue sky laws, word processing, printing and copying expenses, messenger and delivery expenses, fees and disbursements of counsel for
the Company and all independent public accountants and other persons retained by the Company.

The Company is required
to pay certain fees and expenses incurred by the Company incident to the registration of the securities. The Company has agreed to indemnify
the selling stockholders against certain losses, claims, damages and liabilities, including liabilities under the Securities Act.

Once sold under the registration
statement, of which this prospectus forms a part, the Common Stock offered hereby will be freely tradable in the hands of persons who
purchase such shares, other than our affiliates.

<div align='center'>14

LEGAL MATTERS</div>

Certain legal matters
relating to the validity of our Common Stock covered by this registration statement will be passed upon by Sichenzia Ross Ference Carmel
LLP, New York, New York.

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

The financial statements of Healthcare Triangle,
Inc. as of and for the years ended December 31, 2024 and 2023 have been incorporated by reference in this prospectus in reliance upon
the report of M&K CPAS PLLC, an independent registered public accounting firm, upon the authority of said firm as experts in accounting