Healthcare Triangle Closes $13M IPO

Healthcare Triangle, a cloud computing company focused on hospitals, health systems and life sciences closed its IPO after raising approximately $13 million. The underwriters have an over-allotment option to purchase up to an additional 489,375 shares at the $4 IPO price, less underwriting discounts and commissions.

EF Hutton was sole book-running manager for the offering.

The company’s stock trades on the Nasdaq under HCTI. Read more.

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