Healthcare Triangle, Inc. (NASDAQ: HCTI), a provider of digital transformation and cloud solutions to the healthcare and life sciences industries, announced the successful completion of a registered direct offering, raising approximately $3.95 million in gross proceeds, before placement agent fees and offering expenses.
The offering consisted of 421,553 shares of common stock priced at $5.81 per share and 260,000 pre-funded warrants priced at $5.80999 per warrant, each exercisable at $0.00001 per share. The transaction was entered into pursuant to a securities purchase agreement with certain institutional investors on February 26, 2026, and closed on February 27, 2026, subject to customary closing conditions.
Net proceeds from the offering will be used for working capital and general corporate purposes, strengthening the Company’s liquidity position and supporting ongoing operations.
Lucosky Brookman LLP served as legal counsel to D. Boral Capital in connection with the registered direct offering. D. Boral Capital acted as placement agent pursuant to a placement agency agreement.
