Healthcare Triangle, Inc. Announces 1-for-20 Reverse Stock Split as Part of Nasdaq Compliance Plan
Key Highlights
- ➤1-for-20 reverse split effective October 26, 2026, pending DTC and Nasdaq confirmation
- ➤HCTI targets Nasdaq’s $1.00 minimum bid-price compliance through the reverse split
- ➤Shares outstanding to fall from approximately 17,730,008 to approximately 886,501
- ➤HCTI retains its Nasdaq ticker, with new CUSIP number 42227W 504
Healthcare Triangle, Inc. Announces 1-for-20 Reverse Stock Split as Part of Nasdaq Compliance Plan PR Newswire
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.
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