other material
confidence high
sentiment neutral
materiality 0.50
Healthcare Triangle enters $20M ATM equity facility with Spartan Capital
Healthcare Triangle, Inc.
- Sales Agreement enables at-the-market offering of common stock up to $20M aggregate market value.
- Spartan Capital Securities to receive 3.0% of gross sales price as compensation.
- Sales may be executed via Nasdaq Capital Market at prevailing market prices; parameters set by company.
- Company has no obligation to sell shares and may suspend the program at any time.
- Agreement terminates upon full sale of shares or earlier termination as permitted.