Healthcare Triangle Plans Acquisition of Teyame AI with Total Consideration of $50M

Healthcare Triangle announces that it has entered into an Advance Agreement with Teyame AI, a St Kitts and Nevis corporation, as part of its planned acquisition of the shares of Teyame 360 and Datono Mediacion, companies incorporated in Spain, which are run together as a Spain-based leader in AI-powered omnichannel customer experience, or CX, solutions. This acquisition would position the Company as a global force in AI-powered customer and patient engagement. The proposed transaction contemplates up to approximately $50M of total consideration, consisting of a combination of cash, shares of the Company's common stock, shares of non-voting convertible preferred stock, and contingent earnout-based equity consideration, subject to the final terms of a definitive purchase agreement. The parties currently anticipate targeting a closing in the Q1 of 2026, subject to the negotiation and execution of a definitive purchase agreement, completion of due diligence, required shareholder approval, and other customary closing conditions. This communication does not constitute a solicitation of any proxy, vote or approval. Based on financial information the Company has received from Teyame, the Company expects the Assets to generate approximately $34M in incremental annual revenue and $4.2M in incremental EBITDA for FY25. The planned acquisition represents a pivotal moment in HCTI's evolution from healthcare IT provider to comprehensive digital health innovator and is expected to significantly enhance HCTI's financial performance and shareholder value.