Healthcare Triangle, Inc. - 8-K Filing
Healthcare Triangle entered into a Securities Exchange Agreement with SecureKloud Technologies Ltd., issuing 2,828,167 common shares in exchange for the return of its previously issued convertible preferred stock. The company also amended its Share Purchase Agreement to issue $12 million in restricted common stock and 18,000 shares of Series C Convertible Preferred Stock (valued at $1,000 per share) as part of a deal with Teyame AI Holdings Inc., subject to shareholder approval. Additionally, the company created 23,000 shares of new Series C Convertible Preferred Stock under Delaware law. (Items: 1.01 Entry into a Material Definitive Agreement, 3.02 Unregistered Sales of Equity Securities, 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year, 9.01 Financial Statements and Exhibits)
Tickers: $HCTI