Healthcare Triangle, Inc. has modified the terms of its June 2026 Equity Purchase Agreement with investor Hudson Global Ventures, LLC. The amendment, effective September 22, 2026, significantly reduces the amount the company can raise per transaction and increases the minimum share price for such sales.
Key Details
- Maximum Put Amount Reduced: The maximum value of shares HCTI can sell per Put Notice is decreased from $2,500,000 to $250,000.
- Minimum Share Price Increased: The minimum price per share threshold for any sale under the agreement was raised from $0.01 to $0.10.
- New Change of Control Clause: The company's right to sell shares to the investor under this agreement will terminate upon a change of control transaction.
- Agreement Date: The amendment was executed on September 22, 2026.