Healthcare Triangle Completes Strategic Acquisition of Niyama Healthcare and Ezovion Solutions

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[{"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 - June 16, 2025 (NEWMEDIAWIRE) - Healthcare Triangle, Inc. (Nasdaq: HCTI) ("HCTI" or the "Company"), a visionary leader in digital transformation solutions for the healthcare and life sciences industries, today announced the successful closing of its acquisition of the business and assets of Niyama Healthcare, Inc., a mental health SaaS platform, along with a 100% equity stake in Ezovion Solutions Private Limited, a hospital information systems provider.","length":493,"tagName":"p"},{"type":"text","content":"The acquisition, executed through HCTI's wholly owned subsidiary QuantumNexis, significantly strengthens HCTI's global footprint and enhances its offerings in the digital healthcare market and deepens its presence in the mental health and hospital information system (HIS) markets across India, Southeast Asia, and Europe.","length":330,"tagName":"p"},{"type":"text","content":"Under the terms of the agreement:","length":33,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"HCTI has acquired Niyama's Mental Health SaaS platform, including intellectual property, contracts, and key personnel.","length":122,"tagName":"p"}]},{"val":[{"type":"text","content":"The transaction also includes 100% ownership of Ezovion Solutions Pvt. Ltd., a company recognized for its integrated Hospital Information System (HIS) and Electronic Health Records (EHR) solutions.","length":197,"tagName":"p"}]},{"val":[{"type":"text","content":"The total consideration is $5.7 million which includes $1.5 million in cash (with $1.2 million paid at closing), $3 million in restricted common stock of HCTI, and up to $1.2 million in earn-out payments contingent on first-year financial performance.","length":251,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":570,"olType":false},{"typ...

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