---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-104742"
form_type: "8-K/A"
ticker: "HCTI"
cik: "0001839285"
company_name: "Healthcare Triangle, Inc."
filed_at: "2024-12-03T23:59:59+00:00"
generated_at: "2026-05-29T10:01:26.921999+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Healthcare Triangle acquires SecureKloud assets for $7.2M in preferred stock; regains Nasdaq equity compliance

## Summary
- Acquired cloud/tech assets from SecureKloud Technologies in exchange for 1.6M shares of Series B Convertible Preferred Stock, each convertible into 10 common shares subject to stockholder approval.
- Stated value of $7.2M based on 30-day VWAP of $0.45 per common share; independent Scalar valuation set asset value at ~$8M; fairness opinion received from KPSN & Associates.
- Closing occurred Oct 22, 2024; company believes stockholders' equity now approx. $4.6M, exceeding Nasdaq's $2.5M minimum requirement for continued listing.
- Conversion of preferred shares requires stockholder approval at 2024 annual meeting; no change of control until then.

## SEC filing metadata
- accession: 0001213900-24-104742
- form_type: 8-K/A
- ticker: HCTI
- cik: 0001839285
- company_name: Healthcare Triangle, Inc.
- filed_at: 2024-12-03T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1839285/000121390024104742/0001213900-24-104742-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1839285/000121390024104742/ea0223379-8ka1_health.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-104742
- JSON: https://secwatch.observer/filing/0001213900-24-104742.json
- Plain text: https://secwatch.observer/filing/0001213900-24-104742.txt

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