---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-056774"
form_type: "8-K"
ticker: "HCTI"
cik: "0001839285"
company_name: "Healthcare Triangle, Inc."
filed_at: "2025-06-23T23:59:59+00:00"
generated_at: "2026-05-19T00:08:15.579432+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Healthcare Triangle acquires Niyama Healthcare and Ezovion Solutions for $5.7M

## Summary
- Total consideration $5.7M includes $1.5M cash ($1.2M at close), $3M in restricted stock, up to $1.2M earn-out.
- Acquired Niyama's Mental Health SaaS platform, IP, contracts, and 100% of Ezovion Solutions (HIS/EHR provider).
- Transaction closed June 16, 2025; funded via cash and issuance of restricted common stock at $0.00868/share.
- Expands HCTI's footprint into mental health and hospital information systems in India, SE Asia, and Europe.
- Transition period through Aug 15, 2025: Seller supports revenue collection and payroll during integration.

## SEC filing metadata
- accession: 0001213900-25-056774
- form_type: 8-K
- ticker: HCTI
- cik: 0001839285
- company_name: Healthcare Triangle, Inc.
- filed_at: 2025-06-23T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.01, 2.03, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1839285/000121390025056774/0001213900-25-056774-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1839285/000121390025056774/ea0246603-8k_healthcare.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-056774
- JSON: https://secwatch.observer/filing/0001213900-25-056774.json
- Plain text: https://secwatch.observer/filing/0001213900-25-056774.txt

## Key facts
- M&A Transactions
  Healthcare Triangle, Inc. completed an acquisition involving Niyama Healthcare, Inc. for $5.7 million (closed 2025-06-16).
  - Action: acquisition
  - Counterparty: Niyama Healthcare, Inc.
  - Consideration: $5.7 million
  - Closing: 2025-06-16
  source text: Price (as defined below) . The acquisition also closed on June 16, 2025. The total consideration for the acquisition, which is referred to herein as the “Purchase Price” is $5.7 million which includes: (1) $1.5 million in cash, of which $1.2 million is due on the Closing Date and $300,000 to be paid at the later of the satisfaction of certain withholding
  evidence_url: https://www.sec.gov/Archives/edgar/data/1839285/000121390025056774/0001213900-25-056774-index.htm

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