{"schema_version":"secwatch.filing_event.v1","accession":"0001607062-23-000352","form_type":"8-K","ticker":"HCTI","cik":"0001839285","company_name":"Healthcare Triangle, Inc.","filed_at":"2023-06-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.060118+00:00","generated_at":"2026-06-13T15:04:16.896094+00:00","sec_items":["2.04"],"event_type":"other_material","sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Healthcare Triangle receives default notice on $2.4M Seacoast debt; interest rate increases to 18%","bullets":["Default notice from Seacoast Business Funding on June 23, 2023 for violating terms of Purchasing Agreement.","Interest rate increased from Prime Rate to 18%; outstanding balance of $2,409,437 as of June 28, 2023.","Default triggered by HCTI entering $1.5M loan with Agile Capital Funding without Seacoast's prior consent.","No acceleration or foreclosure yet; company seeking resolution but no guarantee of favorable terms.","Failure to resolve could cause material adverse effect on liquidity, financial condition, and possibly bankruptcy."],"urls":{"canonical":"https://secwatch.observer/filing/0001607062-23-000352","json":"https://secwatch.observer/filing/0001607062-23-000352.json","markdown":"https://secwatch.observer/filing/0001607062-23-000352.md","text":"https://secwatch.observer/filing/0001607062-23-000352.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1839285/000160706223000352/0001607062-23-000352-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1839285/000160706223000352/hcti062823form8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T15:04:16.896094+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"fe27bb0657586b495fb7cb3218eb5f4633b579a9","claim":"Healthcare Triangle, Inc. reported a default on debt of $2,409,437 with Seacoast Business Funding, a division of Seacoast National Bank at 18%.","evidence_excerpt":"fee payable by HCTI to Seacoast went from the Prime Rate (as defined in the Purchasing Agreement) to 18%. As of June 28, 2023, the Company has an outstanding payment balance of $2,409,437 under the Purchase Agreement. Section 6(h) of the Purchase Agreement requires the Company to obtain the written consent of Seacoast prior to obtaining any loans or advances. On","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1839285/000160706223000352/0001607062-23-000352-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Principal","value":"$2,409,437"},{"label":"Counterparty","value":"Seacoast Business Funding, a division of Seacoast National Bank"},{"label":"Rate","value":"18%"},{"label":"Event","value":"default"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}