Healthcare Triangle, Inc. Announces 1-for-60 Reverse Stock Split as Part of Nasdaq Compliance Plan
Healthcare Triangle (Nasdaq: HCTI) will effect a 1-for-60 reverse stock split effective 12:01 a.m. ET on February 10, 2026, with post-split trading on Nasdaq at market open February 10, 2026, pending DTC and Nasdaq confirmations.
Rhea-AI Summary
Healthcare Triangle (Nasdaq: HCTI) will effect a 1-for-60 reverse stock split effective 12:01 a.m. ET on February 10, 2026, with post-split trading on Nasdaq at market open February 10, 2026, pending DTC and Nasdaq confirmations.
The split was approved by stockholders on February 2, 2026, assigns new CUSIP 42227W405, reduces outstanding shares from ~45,417,091 to ~756,952, and is intended to help the company regain compliance with Nasdaq's $1.00 minimum bid price. Stockholders of record as of January 8, 2026 will receive post-split information from transfer agent VStock Transfer.
Positive
- Positions company to pursue Nasdaq $1.00 minimum bid compliance
- Reduces outstanding shares from ~45,417,091 to ~756,952
Negative
- Company required a reverse split due to Nasdaq minimum bid noncompliance
- Share consolidation may materially reduce free float and trading liquidity
Details
News Market Reaction – HCTI
On Feb 6, the day this news came out, HCTI closed 28.81% below the previous close.
Data tracked by StockTitan Argus for the Feb 6 session.
Key Figures
- Reverse split ratio
- 1-for-60
- Common stock reverse split effective February 10, 2026
- Pre-split shares outstanding
- 45,417,091 shares
- Issued and outstanding before reverse split
- Post-split shares outstanding
- 756,952 shares
- Issued and outstanding after 1-for-60 reverse split
- Par value per share
- $0.00001
- Par value unchanged by reverse split
- Record date
- January 8, 2026
- Stockholders of record for reverse split communication
- Effective time
- 12:01 a.m. ET, Feb 10, 2026
- Reverse split effectiveness and start of post-split trading
- New CUSIP
- 42227W 405
- CUSIP assigned due to reverse split
- Minimum bid compliance goal
- $1.00 per share
- Nasdaq Capital Market minimum bid price requirement
Historical Context
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JV to drive AI and digital health transformation in Saudi Arabia.
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Partnership with Better to expand health data platforms across EMEA.
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Participation and presentation at Deal Flow Discovery investor conference.
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Definitive agreement for Teyame AI assets with sizable revenue forecasts.
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Advance agreement to acquire AI customer engagement business with strong FY2025 revenue.
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 financial
nasdaq capital market regulatory
cusip financial
par value financial
schedule 14a regulatory
u.s. securities and exchange commission regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
The Company expects that the reverse stock split, which was approved by the Company's stockholders in a special meeting of Stockholders held on February 2, 2026, 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
At the effective time of the reverse stock split, each sixty (60) 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
Stockholders of record as of January 8th, 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
About Healthcare Triangle
Healthcare Triangle, Inc. based in
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 Annual Report filed with the SEC on March 31, 2025, 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
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SOURCE Healthcare Triangle, Inc.
FAQ
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