Healthcare Triangle Secures $1.63 Million Through Warrant Restructuring

Healthcare Triangle, Inc. has entered into warrant exercise agreements with existing accredited and institutional investors that will generate approximately $1.63 million in immediate gross proceeds for the digital healthcare solutions company. The transaction involves the exercise of outstanding warrants for 812,775 shares of common stock, with investors receiving new warrants in a private placement as consideration for the immediate exercise. The warrant inducement agreement reduces the exercise price of the existing warrants from $20.92 to $2.00 per share, making the exercise more attractive to current warrant holders.

In exchange for exercising their existing warrants, investors will receive new warrants to purchase up to an aggregate of 812,775 shares of common stock, representing 100% of the shares issued through the exercise of the existing warrants. The new warrants carry an exercise price of $3.00 per share and become exercisable once stockholder approval is obtained. These warrants will remain valid for five years from the date of such approval. The transaction is expected to close on October 2, 2025, subject to customary closing conditions, with WallachBeth Capital serving as the sole placement agent for the warrant inducement.

This financial maneuver provides Healthcare Triangle with immediate capital while maintaining investor participation through the new warrant structure. The company, which specializes in digital transformation solutions for healthcare and life sciences organizations, has achieved HITRUST Certification for its Cloud and Data Platform, marketed as CloudEz and DataEz. This certification demonstrates the company's commitment to maintaining the highest standards for data protection and information security, crucial factors in the highly regulated healthcare industry.

The additional funding comes at a time when healthcare organizations increasingly rely on digital transformation to improve health outcomes through better utilization of data and information technologies. Healthcare Triangle's expertise spans cloud implementation, security and compliance, data lifecycle management, healthcare interoperability, and clinical and business performance optimization. The capital infusion positions the company to continue supporting hospitals, health systems, payers, and pharmaceutical organizations in their digital transformation journeys while responding to immediate business needs and competitive threats in the evolving healthcare technology landscape.