Healthcare Triangle, Inc (HCTI) Announces $15.2M PIPE Offering

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Healthcare Triangle, Inc Announces $15.2 Million PIPE Offering

February 27, 2025 9:40 AM EST

PLEASANTON, CA - February 27, 2025 (NEWMEDIAWIRE) - Healthcare Triangle, Inc (NASDAQ: HCTI) ("HCTI" or the "Company"), Healthcare Triangle, Inc. (Nasdaq: HCTI) (HCTI or the "Company"), a leader in digital transformation solutions including managed services, cloud enablement, cybersecurity, and data analytics for the healthcare and life sciences industries, announced today a PIPE offering for gross proceeds of approximately $15.2 million, prior to deducting placement agent fees and other expenses payable by the Company.

The PIPE offering consists of 36,190,476 units consisting of (i) one share of common stock... More