Healthcare Triangle, Inc.

Healthcare Triangle, Inc. (HCTI) priced its initial public offering on Oct 14, 2021 at $4.00 per share, raising $18.8M, and listed on Nasdaq Capital Market. At the IPO price its market capitalization was about $138.8M. Benchmark was lead-left underwriter. Carmel, Milazzo & Feil advised the company and Lucosky Brookman advised the underwriters.

Healthcare Triangle, Inc. is a healthcare information technology company offering cloud services, data science, and professional and managed services. It serves healthcare delivery organizations, insurers, pharmaceutical, life sciences and biotech companies, and medical device makers using proprietary technology platforms.

Status

IPO

Ticker

HCTI

Exchange

Nasdaq Capital Market

Priced

Oct 14, 2021

IPO price

$4.00

Raised

$18.8M

Market cap at IPO price

$138.8M

First filed

Aug 30, 2021

Underwriters

Benchmark

Company counsel

Carmel, Milazzo & Feil

Underwriters' counsel

Lucosky Brookman

Sector

Technology

Country / state

CA

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.