HCTI News

The IPO market remained active this past week as seven IPOs raised $2.1 billion. SPAC activity kept steady with 10 blank check IPOs raising $1.6 billion. New filers continued to pour into the IPO pipeline, with 12 IPOs and nine SPACs submitting initial filings. Software development platform GitLab (GTLB) priced above the upwardly revised range to raise $801...read more

Healthcare Triangle, which provides data science and AI-enabled healthcare information solutions, raised $13 million by offering 3.3 million shares at $4, the low end of the downwardly revised range of $4 to $5. The company originally planned to offer 8 million shares at $4.50 to $5.50, before adding insider selling in late September and then slashing the offering to 4.6 million...read more

Healthcare Triangle, which provides data science and AI-enabled healthcare information solutions, lowered the proposed deal size for its upcoming IPO on Thursday. The Pleasanton, CA-based company now plans to raise $21 million by offering 4.6 million shares (72% primary) at a price range of $4 to $5. The company had most recently filed to offer 9.2 million shares (87% primary) at a...read more

Healthcare Triangle, which provides data science and AI-enabled healthcare information solutions, raised the proposed deal size for its upcoming IPO on Monday. The Pleasanton, CA-based company now plans to raise $46 million by offering 9.2 million shares (87% primary) at a price range of $4.50 to $5.50. The company had previously filed to offer 8 million shares (100% primary) at...read more