Dividends & Buybacks ·
Healthcare Triangle effects 1-for-20 reverse stock split to regain Nasdaq compliance
HCTIHealthcare Triangle, Inc.
Healthcare Triangle, Inc. effected a one-for-twenty (1:20) reverse stock split of its common stock effective October 26, 2026, at 12:01 a.m. Eastern Time. The transaction reduced the number of issued and outstanding shares from approximately 17,730,008 to 886,587. This action was taken to address a Staff Delisting Determination received on October 1, 2026, regarding failure to meet the $1.00 minimum bid price requirement for continued listing on the Nasdaq Capital Market. The company intends to present this split as part of its plan to regain compliance during an appeal hearing scheduled for November 5, 2026. Healthcare Triangle provides digital transformation solutions, including managed services and data analytics, for healthcare and life sciences organizations.