Healthcare Triangle, Inc. (HCTI) announced on October 3, 2025, that it has entered into warrant exercise agreements with certain existing accredited and institutional investors. This transaction involves the exercise of 377,702 outstanding warrants, resulting in gross cash proceeds of approximately $755,000.
As part of the inducement, HCTI agreed to reduce the exercise price of the existing warrants from $20.92 to $2.00 per share. The exercising holders will also receive new unregistered warrants to purchase up to an aggregate of 377,702 shares of common stock at an exercise price of $3.00 per share.
These proceeds are expected to contribute to HCTI's financial resources, supporting its ongoing operations and strategic initiatives. The warrant inducement structure, however, carries implications for shareholder dilution due to the adjusted exercise prices and issuance of new warrants.
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