Healthcare Triangle Faces Default Notice and CEO Departure

Tip Ranks
2024.09.10 21:30
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Healthcare Triangle (HCTI) is facing a default notice from Seacoast Business Funding, which may lead to immediate repayment demands and enforcement actions, threatening its financial stability and risking bankruptcy. Additionally, Interim CEO Anand Kumar has resigned to pursue new opportunities, with no reported disagreements regarding management. For more details, visit TipRanks’ Stock Analysis page for HCTI.