---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-090797"
form_type: "8-K"
ticker: "HCTI"
cik: "0001839285"
company_name: "Healthcare Triangle, Inc."
filed_at: "2024-10-25T23:59:59+00:00"
generated_at: "2026-05-30T10:07:37.871405+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Healthcare Triangle acquires cloud assets of SecureKloud for $7.2M in Series B Convertible Preferred Stock

## Summary
- Acquired cloud and technology business assets of SecureKloud Technologies, Inc. for 1,600,000 shares of Series B Convertible Preferred Stock valued at $7.2 million.
- Series B Preferred is convertible into 10 common shares each at holder's option, subject to shareholder approval and Nasdaq rules.
- Received waiver of prior default from Seacoast National Bank on October 21, 2024; now in compliance under the Purchasing Agreement.
- Filed Certificate of Designations for Series B Preferred with Delaware on October 22, 2024; no voting or dividend rights.
- Transaction closed on October 22, 2024 at Seller's place of business; consideration payable in equity based on 30-day VWAP.

## SEC filing metadata
- accession: 0001213900-24-090797
- form_type: 8-K
- ticker: HCTI
- cik: 0001839285
- company_name: Healthcare Triangle, Inc.
- filed_at: 2024-10-25T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 2.04, 3.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1839285/000121390024090797/0001213900-24-090797-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1839285/000121390024090797/ea0218708-8k_health.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-090797
- JSON: https://secwatch.observer/filing/0001213900-24-090797.json
- Plain text: https://secwatch.observer/filing/0001213900-24-090797.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.