secwatch.observer — SEC 8-K summary
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Issuer:     Healthcare Triangle, Inc. (HCTI)
CIK:        0001839285
Form:       8-K
Filed at:   2023-01-27T23:59:59+00:00
Accession:  0001607062-23-000039
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 4.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Healthcare Triangle engages BF Borgers as auditor, names three new directors and new COO
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- Engaged BF Borgers CPA PC as independent auditor for FY 2022; no prior disagreements or reportable events.
- Appointed Ronald McClurg, Paige Heaphy and Jainal Bhuiyan as independent directors; Suresh Venkatachari resigned as chairman and director.
- Dave Rosa appointed Chairman of the Board; he receives $60,000 annual cash stipend plus options for 200,000 shares.
- Roy Sookhoo hired as COO effective Jan 25, 2023; base salary $400,000, plus 75,757 shares at no cost, fully vested if terminated without cause within 12 months.
- New directors each receive $40,000 annual cash stipend (extra $10,000 for committee chairs) and annual option grant of 50,000 shares at $0.26 per share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1839285/000160706223000039/0001607062-23-000039-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1839285/000160706223000039/hcti012723form8k.htm
  HTML page:      https://secwatch.observer/filing/0001607062-23-000039

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer