Healthcare Triangle, Inc. Announces 1-for-20 Reverse Stock Split as Part of Nasdaq Compliance Plan

Post-split trading remains pending confirmation by the Depository Trust Company and Nasdaq.

Rhea-AI Summary

Healthcare Triangle (Nasdaq: HCTI) will implement a 1-for-20 reverse stock split, effective October 26, 2026, at 12:01 a.m. Eastern Time. Post-split trading on the Nasdaq Capital Market is scheduled to begin at the market opening that day, pending confirmation by the Depository Trust Company and Nasdaq.

The company expects the split to increase its share price as part of its strategy to regain compliance with Nasdaq's $1.00 minimum bid price requirement. Each twenty outstanding shares will convert into one share, reducing outstanding common stock from approximately 17,730,008 shares to approximately 886,501 shares. The total number of authorized shares will remain unchanged.

0 points · 0 major

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Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.

It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.

Rhea-AI Sentiment measures something else, the tone of the wording.

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0 major · 2 points

Hollow bars mark forward-looking points. How the balance works

Positive

• None.

Negative

• Moderate point. Forward-looking: it has not happened yet and may not happen.1-for-20 reverse split forms part of the company's strategy to regain Nasdaq's $1.00 minimum bid price compliance.
• Minor pointOctober 26, 2026 post-split trading remains pending confirmation by the Depository Trust Company and Nasdaq.

News Explained

The announced 1-for-20 split is not an increase in company value: while HCTI expects a higher per-share price, a reverse split proportionally reduces shares and raises the per-share price, leaving company value unchanged by the split itself.

Key Figures

Reverse split ratio: 1-for-20 Nasdaq minimum bid price requirement: $1.00 Shares outstanding: Approximately 17,730,008 to approximately 886,501 shares +1 more

Reverse split ratio

1-for-20

Common stock

Nasdaq minimum bid price requirement

$1.00

Compliance threshold cited by the company

Shares outstanding

Approximately 17,730,008 to approximately 886,501 shares

Before and after the reverse split

Effective date

October 26, 2026

Split effective at 12:01 a.m. Eastern Time; post-split trading expected at market open, pending confirmation

Previous Stock split Reports

1 past event · Latest: Feb 06

Same Type 1 event

1. Feb 06

   Reverse split

   24h Move

   -28.8%

   Announced a 1-for-60 reverse split to help regain Nasdaq minimum-bid compliance.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

reverse stock split, cusip, schedule 14a

3 terms

reverse stock split financial

"announced that it will effect a 1-for-20 reverse stock split"

A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.

cusip technical

"a new CUSIP number 42227W 504 has been assigned"

A CUSIP is a nine-character alphanumeric code that uniquely identifies a U.S. or Canadian financial security—such as a stock, bond, or fund share—like a Social Security number for an investment. It matters to investors because brokers, exchanges and record-keepers use the CUSIP to match trades, track ownership, settle transactions and pull accurate records, reducing errors and ensuring money and securities go to the right place.

View in glossary

schedule 14a regulatory

"definitive proxy statement on Schedule 14A"

Schedule 14A is a document that companies file with regulators to share important information with shareholders before a big vote, like approving a merger or election of directors. It matters because it helps investors understand what’s happening so they can make informed decisions about the company’s future.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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PLEASANTON, Calif., Oct. 21, 2026 /PRNewswire/ -- Healthcare Triangle, Inc. (Nasdaq: HCTI) ("HCTI" or the "Company"), a leader in digital transformation solutions including managed services, cloud enablement, and data analytics for the healthcare and life sciences industries, today announced that it will effect a 1-for-20 reverse stock split of its common stock. The reverse stock split will become effective at 12:01 a.m. Eastern Time on Monday, October 26, 2026, and the Company's common stock will commence trading on the Nasdaq Capital Market on a post-split basis at the opening of the market on October 26, 2026, pending confirmation by the Depository Trust Company and the Nasdaq. The Company's common stock will continue to trade on the Nasdaq Capital Market under the Company's existing trading symbol, "HCTI," and a new CUSIP number 42227W 504 has been assigned as a result of the reverse stock split.

The Company expects that the reverse stock split will increase the price per share of the Company's common stock, and is part of the Company's strategy to regain compliance with the $1.00 minimum bid price requirement of the Nasdaq Capital Market.

At the effective time of the reverse stock split, each twenty (20) shares of the Company's issued and outstanding common stock will be automatically converted into one (1) issued and outstanding share of common stock without any change in the par value of $0.00001 per share or the total number of authorized shares. The reverse stock split will reduce the Company's number of shares outstanding common stock from approximately 17,730,008 shares to approximately 886,501 shares. No fractional shares of common stock will be issued in connection with the reverse stock split, and stockholders who would otherwise be issued an additional fraction share of common stock to round up to the next whole post-reverse stock split share of Common Stock

Stockholders of record as of October 26^th, 2026, will be receiving information regarding their share ownership following the reverse stock split from the Company's transfer agent, VStock Transfer, LLC. VStock Transfer can be reached at (212) 828 8436. Additional information about the reverse stock split can be found in the Company's definitive proxy statement on Schedule 14A, filed with the U.S. Securities and Exchange Commission (the "SEC") on October 13, 2026, and available free of charge at the SEC's website sec.gov.

About Healthcare Triangle

Healthcare Triangle, Inc. based in Pleasanton, California, reinforces healthcare progress through breakthrough technology and extensive industry knowledge and expertise. We support healthcare organizations including hospitals and health systems, payers, and pharma/life sciences organizations in their effort to improve health outcomes through better utilization of the data and information technologies that they rely on. Healthcare Triangle achieves HITRUST Certification for Cloud and Data Platform (CaDP), marketed as CloudEz™ and DataEz™. HITRUST Risk-based, 2-year (r2) Certified status demonstrates to our clients the highest standards for data protection and information security. Healthcare Triangle enables the adoption of new technologies, data enlightenment, business agility, and response to immediate business needs and competitive threats. The highly regulated healthcare and life sciences industries rely on Healthcare Triangle for expertise in digital transformation encompassing the cloud, security and compliance, data lifecycle management, healthcare interoperability, and clinical & business performance optimization. For more information, visit www.healthcaretriangle.com.

Forward-Looking Statements and Safe Harbor Notice

All statements other than statements of historical facts included in this press release are "forward-looking statements" (as defined in the Private Securities Litigation Reform Act of 1995). Such forward-looking statements include our expectations and those statements that use forward-looking words such as "projected," "expect," "possibility" and "anticipate." The achievement or success of the matters covered by such forward-looking statements involve significant risks, uncertainties and assumptions. Actual results could differ materially from current projections or implied results. Investors should read the risk factors set forth in the Company's Proxy Statement filed with the SEC on October 13, 2026, previous filings, subsequent filings and future periodic reports filed with the SEC. All the Company's forward-looking statements are expressly qualified by all such risk factors and other cautionary statements.

The Company cautions that statements and assumptions made in this news release constitute forward-looking statements and make no guarantee of future performance. Forward-looking statements are based on estimates and opinions of management at the time statements are made. The information set forth herein speaks only as of the date hereof. The Company and its management undertake no obligation to revise these statements following the date of this news release.

Investor Contact

1-800-617-9550

ir@healthcaretriangle.com

View original content:https://www.prnewswire.com/news-releases/healthcare-triangle-inc-announces-1-for-20-reverse-stock-split-as-part-of-nasdaq-compliance-plan-302916160.html

SOURCE Healthcare Triangle, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When does Healthcare Triangle's HCTI reverse stock split take effect, and what is the ratio?

Healthcare Triangle's 1-for-20 reverse stock split takes effect at 12:01 a.m. Eastern Time on October 26, 2026. Each twenty outstanding common shares will convert into one share. Post-split trading is scheduled for the market opening that day, pending confirmation by the Depository Trust Company and Nasdaq.

Why is Healthcare Triangle conducting a reverse stock split?

Healthcare Triangle expects the reverse split to increase its share price as part of its strategy to regain compliance with the Nasdaq Capital Market's $1.00 minimum bid price requirement.