Healthcare Triangle Secures $755,000 Through Warrant Inducement Offering

Healthcare Triangle, Inc. has entered into warrant exercise agreements with existing accredited and institutional investors to exercise outstanding warrants for aggregate gross proceeds of approximately $755,000. The transaction involves the immediate exercise of 377,702 existing warrants at a reduced price of $2.00 per share, down from the original $20.92 exercise price, demonstrating the company's strategic approach to capital raising in the competitive healthcare technology sector.

In consideration for the immediate exercise of these warrants, the participating investors will receive new unregistered warrants to purchase up to an equal number of shares at an exercise price of $3.00 per share. These new warrants are immediately exercisable and will remain valid for five years from the date of issuance, providing investors with extended opportunity while securing immediate capital for Healthcare Triangle's operations and growth initiatives. The company's focus on digital transformation solutions for healthcare and life sciences organizations requires continuous investment in technology infrastructure and service capabilities.

The transaction, expected to close on October 6, 2025, represents a significant capital infusion that will support Healthcare Triangle's position in the healthcare technology market. The company's achievement of HITRUST Certification for Cloud and Data Platform demonstrates its commitment to maintaining the highest standards for data protection and information security, which is crucial when serving highly regulated healthcare organizations including hospitals, health systems, payers, and pharmaceutical companies. This financial reinforcement comes at a time when healthcare organizations increasingly rely on advanced technology solutions to improve health outcomes through better utilization of data and information technologies.

WallachBeth Capital is serving as financial advisor for the warrant inducement transaction, bringing expertise in structuring such financial arrangements. The gross proceeds of approximately $755,000 exclude any potential future proceeds from the exercise of the new warrants and before deducting financial advisor fees and other transaction expenses. This capital raise strategy allows Healthcare Triangle to maintain financial flexibility while continuing to support healthcare organizations in their digital transformation journeys encompassing cloud services, security and compliance, data lifecycle management, and healthcare interoperability solutions.