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Stock impact report

WallachBeth Capital Announces Healthcare Triangle Warrant Inducement For Aggregate Gross Proceeds Of $478,000 [Yahoo! Finance]

Healthcare Triangle, Inc. (HCTI) 
NASDAQ:AMEX Investor Relations: hybridcoatingtech.com/investor-relations.html
Company Research Source: Yahoo! Finance
execution services, announced today that Healthcare Triangle, Inc. (Nasdaq: HCTI) ("HCTI" or the "Company"), a leader in digital transformation solutions for healthcare and life sciences, today announced it has entered into warrant exercise agreements with certain existing accredited and institutional investors to exercise outstanding warrants to purchase an aggregate of 239,051 of the Company's shares of common stock (the "Existing Warrants"). In consideration for the immediate exercise in full of the Existing Warrants for gross cash proceeds of approximately $478,000, the exercising holders will receive in a private placement new unregistered warrants (the "New Warrants") to purchase up to an aggregate of 239,051 shares of common stock (equal to 100% of the shares of common stock issued in connection with the exercise of the Existing Warrants) with an exercise price of $3.00 per share. The New Warrants are immediately exercisable on the date of issuance and will expire five years fr Show less Read more
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