Healthcare Triangle Sets 1-for-60 Reverse Stock Split to Restore Nasdaq Compliance

Healthcare Triangle Inc. plans to consolidate its outstanding common stock at a ratio of one share for every 60 currently issued shares. The reverse stock split will take effect at 12:01 a.m. Eastern Time on Tuesday, February 10, 2026. When trading opens later that morning, the company’s shares are expected to begin trading on a split-adjusted basis on the Nasdaq Capital Market, subject to final confirmation by the Depository Trust Company and Nasdaq.

The company’s ticker symbol, HCTI, will remain unchanged. Stockholders approved the reverse split during a special meeting held on February 2, 2026. According to the company, the measure is designed to increase the market price of its common stock and help the company regain compliance with Nasdaq’s minimum bid price requirement of $1.00 per share.

Mechanics of the Reverse Split

Under the 1-for-60 exchange ratio, every 60 shares of Healthcare Triangle common stock issued and outstanding immediately prior to the effective time will automatically combine into one share. The process is expected to reduce the total number of shares outstanding proportionally, though the authorized share count will remain the same unless otherwise amended in the future.

Following the consolidation, investors’ positions will be adjusted by their brokerage firms to reflect the lower share count and higher share price. Nasdaq will handle the technical transition to ensure that split-adjusted trading begins without interruption at the market open on February 10. Final settlement and reconciliation of fractional positions are subject to standard industry procedures administered through the Depository Trust Company.

Intent to Regain Nasdaq Listing Compliance

Healthcare Triangle’s board proposed the reverse split after the company’s share price remained below the Nasdaq Capital Market’s $1.00 minimum bid threshold for an extended period. Falling out of compliance can lead to delisting if a remedy is not implemented within a specified timeframe. By combining shares, a company typically multiplies its per-share price by the inverse of the split ratio—in this case, by approximately 60—while proportionally reducing the number of shares outstanding.

Nasdaq rules allow listed companies to regain compliance once the bid price closes at or above $1.00 per share for at least ten consecutive business days. The reverse split is intended to move Healthcare Triangle’s share price above that level immediately upon implementation. The company will continue to monitor its market performance during the post-split period to verify that the higher price level is maintained.

Additional information about Nasdaq’s listing standards is available through official exchange resources, including the Nasdaq Listing Center, which outlines requirements for bid price, market value of publicly held shares, and other quantitative metrics.

Shareholder Approval and Corporate Governance

At the February 2 special meeting, shareholders authorized the board to implement the reverse split at a ratio they deemed appropriate within a predetermined range. After evaluating market conditions, the board selected the 1-for-60 conversion rate announced on February 7. Under typical corporate governance practice, such authority enables directors to adjust capital structure efficiently in response to listing standards, financing considerations, or other strategic objectives.

Proxy materials distributed ahead of the meeting explained that the company did not intend to alter voting rights or proportional ownership percentages as a result of the split. Consequently, each stockholder will maintain the same relative equity interest in Healthcare Triangle, subject only to minor adjustments arising from the elimination of fractional shares.

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Recent Corporate Activity

The reverse split follows a series of transactions aimed at expanding Healthcare Triangle’s technology portfolio. In recent months, the company announced the completion of an acquisition related to artificial-intelligence-driven customer experience services and disclosed definitive agreements to purchase digital assets from Teyame.AI, Tevame 360, and Datono. Management has stated that these assets are expected to enhance the company’s cloud, data-analytics, and automation capabilities for healthcare clients.

The acquisition activity aligns with Healthcare Triangle’s broader strategy to integrate advanced AI tools into clinical, operational, and patient-engagement solutions. While the reverse split focuses on capital-market compliance, the acquisition program addresses product development and service expansion across hospitals, life-sciences firms, and other healthcare organizations.

Next Steps for Investors

Investors holding Healthcare Triangle shares in brokerage accounts are not required to take action; account statements will automatically reflect the new share count after the split is processed. Registered shareholders with physical certificates will receive instructions from the company’s transfer agent regarding the exchange of certificates for split-adjusted replacements, if applicable.

In conjunction with the reverse split, share prices, trading ranges, and historical charts will be recalibrated by market-data providers to present a continuous view of price performance on a post-split basis. Options contracts and other derivative instruments tied to HCTI will be automatically adjusted according to standard policies established by relevant clearing organizations.

Ongoing Monitoring

After the split becomes effective, Healthcare Triangle will continue to report progress in maintaining listing compliance as part of its regular investor-relations updates. Should the stock’s bid price remain above the $1.00 threshold for the required period, Nasdaq is expected to issue a formal notice confirming full compliance. The company will also remain subject to all other listing criteria, including minimum market capitalization and corporate-governance standards.

Crédito da imagem: Healthcare Triangle Inc.