Healthcare Triangle, a company engaged in the public cloud for hospitals, health systems and life sciences, priced its IPO of 3,262,500 shares at $4. per share, for aggregate gross proceeds of approximately $13 million.
Shares begin trading today on the Nasdaq under HCTI.
Net proceeds will be used for acquisitions (although the company has no current plans, arrangements or agreements for any acquisitions), convertible note repayment, working capital, and for general corporate purposes. Read more.
