Financing ·
Healthcare Triangle, Inc. entered into a Securities Exchange Agreement with SecureKloud Technologies Ltd. to settle…
HCTIHealthcare Triangle, Inc.
Healthcare Triangle, Inc. entered into a Securities Exchange Agreement with SecureKloud Technologies Ltd. to settle debt and make-whole amounts via the issuance of 2,828,167 common stock shares. Additionally, the company amended a Share Purchase Agreement to provide for $12,000,000 in restricted common stock and preferred stock issuances. The company also filed a Certificate of Designations for Series C Convertible Preferred Stock, designating 23,000 shares with a $1,000 stated value. Healthcare Triangle, Inc. provides healthcare data interoperability and AI-driven analytics solutions for the healthcare industry.