WallachBeth Capital Secures $1.63 Million for Healthcare Triangle

Author: Evelyn Baker Updated: 10-02-2025 11:57 AM

Recent Warrant Inducement by WallachBeth Capital

WallachBeth Capital LLC, renowned for its capital markets and institutional execution services, has recently announced a strategic move involving Healthcare Triangle, Inc. This company specializes in digital transformation solutions tailored specifically for the healthcare and life sciences sectors.

Details of the Warrant Exercise Agreements

Healthcare Triangle (NASDAQ: HCTI) has finalized agreements with three accredited investors to exercise certain outstanding warrants. This initiative will allow the purchase of a total of 812,775 shares of common stock, facilitating significant cash inflow of approximately $1.63 million. As part of the transaction, investors will receive new unregistered warrants, providing the opportunity to acquire an additional 812,775 shares at an exercise price set at $3.00 per share.

Significance of the New Warrants

The new warrants issued will become effective once stockholder approval is secured, expiring five years from that date. Additionally, as part of enhancing shareholder value, the exercise price of the existing warrants has been reduced from $20.92 down to $2.00 per share, making the investment opportunity more attractive.

Projected Closing of the Transaction

The offering's closing is anticipated to take place around the same date the warrants are exercised. This is contingent upon fulfilling typical closing conditions. The overall expectation is to raise about $1.63 million from this warrant inducement, which is a significant achievement for Healthcare Triangle, bolstering its financial framework for growth and innovation.

The Role of WallachBeth Capital

WallachBeth Capital is taking on the vital role of the sole placement agent for this transaction, ensuring that the process is smooth and efficient for all parties involved.

About WallachBeth Capital LLC

WallachBeth Capital provides comprehensive capital markets and investment banking services, uniquely positioned to connect corporate clients in healthcare with premier institutions. Their portfolio of services includes initial public offerings, follow-on issues, and various private transactions, effectively enhancing value for both issuers and investors.

Frequently Asked Questions

What is the total amount raised in the warrant inducement?

The total gross proceeds from the warrant inducement is approximately $1.63 million.

How many shares are being purchased through the existing warrants?

Investors are exercising warrants to purchase a total of 812,775 shares of common stock.

What is the exercise price for the new warrants?

The exercise price for the new warrants is set at $3.00 per share.

Who is the placement agent for this transaction?

WallachBeth Capital is the sole placement agent managing this transaction.

How long are the new warrants valid for?

The new warrants will expire five years from the date shareholder approval is received.

About The Author

Greetings, I'm 32-year-old author and financial specialist Evelyn Baker. My introduction into the financial industry started with an economics degree and continued with a wealth of experience in wealth management and financial consulting. My great passion over the years has been assisting people and companies in making wise, well-informed decisions to reach their financial objectives.

My goal with writing is to simplify difficult financial ideas into understandable, doable guidance. My goal in writing many books and articles is to make personal finance understandable to everyone, irrespective of their experience or background. I want to give readers the information they need to take charge of their financial futures, from investing and retirement planning to budgeting and saving.

Along with my writing, I lead webinars and workshops where I provide doable advice and methods for achieving financial success. To reach a larger audience, I also frequently contribute to financial blogs and publications. My method is always to offer doable, real-world guidance that can actually improve people's lives.

Aside from my job, I like to cook, travel, and experience other cultures. I work hard to apply my belief in the value of a balanced life to my financial counsel. My goal in working is to encourage and enable people to succeed financially so they may lead the best lives possible.

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