Healthcare Triangle Inc. (Nasdaq: HCTI) has entered into warrant exercise agreements with three accredited investors, resulting in the immediate exercise of outstanding warrants to purchase a total of 812,775 shares of common stock. This transaction will provide the company with approximately $1.63 million in gross cash proceeds. In exchange, the exercising investors will receive new unregistered warrants to purchase up to 812,775 additional shares at an exercise price of $3.00 per share. The exercise price of the existing warrants was reduced from $20.92 to $2.00 per share as part of the agreement. WallachBeth Capital is acting as the sole placement agent for this transaction. The new warrants will become exercisable following stockholder approval and will expire five years from that date.