Healthcare Triangle Enters Sales Agreement with Spartan Capital

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2025.11.19 19:47
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Healthcare Triangle, Inc. has entered a Sales Agreement with Spartan Capital Securities, LLC for an 'at the market offering' of its common stock, valued up to $20 million. This agreement allows direct share sales on Nasdaq, enhancing capital flexibility. Spartan receives a 3% commission. Despite this, Spark's analysis rates HCTI as Underperform due to negative revenue growth and poor valuation metrics.