Healthcare Triangle Announces 1-for-20 Reverse Stock Split to Meet Nasdaq Compliance
Healthcare Triangle, Inc. (Nasdaq: HCTI) has announced a 1-for-20 reverse stock split of its common stock, effective at 12:01 a.m. ET on Monday, October 26, 2026. The move is a strategic effort to regain compliance with the Nasdaq Capital Market's minimum $1.00 bid price requirement. Under the terms of the split, every twenty existing shares will be converted into one new share. This action will reduce the company's total outstanding common stock from approximately 17.73 million shares to roughly 886,501 shares. The company will continue trading under the symbol 'HCTI'.
Tickers: $HCTI
Topics: Nasdaq compliance reverse stock split stock restructuring
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