UPDATE: Healthcare Triangle Announces Warrant Inducement for Aggregate Gross Proceeds of Approximately $1.63 Million

About this update from Healthcare Triangle, Inc.

[{"type":"image","caption":"","headline":"Healthcare Triangle Announces Warrant Inducement for Aggregate Gross Proceeds of Approximately $478,000","size":{"original":{"width":140,"height":180,"url":"https://media.zenfs.com/en/newsmediawire_165/c6a969a9e826971ee27b1cf8545c350c"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/Ul_S4nhMSQh3E.wJ26qOtw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTIxMDtoPTI3MDtjZj13ZWJw/https://media.zenfs.com/en/newsmediawire_165/c6a969a9e826971ee27b1cf8545c350c","width":140,"height":180}}},{"type":"text","content":"PLEASANTON, CA - October 2, 2025 (NEWMEDIAWIRE) - Healthcare Triangle, Inc. (Nasdaq: HCTI) ("HCTI" or the "Company"), a leader in digital transformation solutions for healthcare and life sciences announced today it has entered into warrant exercise agreements with certain existing accredited and institutional investors to exercise certain outstanding warrants to purchase an aggregate of 812,775 of the Company's shares of common stock (the "Existing Warrants"). In consideration for the immediate exercise in full of the Existing Warrants for gross cash proceeds of approximately $1.63 million, the exercising holders will receive in a private placement new unregistered warrants (the "New Warrants") to purchase up to an aggregate of 812,775 shares of common stock (equal to 100% of the shares of common stock issued in connection with the exercise of the Existing Warrants) with an exercise price of $3.00 per share. The New Warrants are initially exercisable on the date that stockholder approval of the exercise of the New Warrants is obtained and will expire five years from the date of such approval. In connection with the exercise of the Existing Warrants, the Company agreed to reduce the exercise price of the Existing Warrants from $20.92 to $2.00 per share. The exercise of the Existing Warrants and the issuance of the New Warrants are expected to occur on October 2, 2025.","length":1433,"tagName":"p"},{"type":"text","content":"The closing of the offering is expected to occur on or about October 2, 2025, subject to the satisfaction of customary closing conditions. The gross proceeds from the warrant inducement are expected to be approximately $1.63 million, excluding any proceeds that may be received upon the exercise of the New Warrants and before deducting placement agent fees and other o...

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