secwatch.observer — SEC 8-K summary
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Issuer:     Healthcare Triangle, Inc. (HCTI)
CIK:        0001839285
Form:       8-K
Filed at:   2024-06-27T23:59:59+00:00
Accession:  0001213900-24-056634
Event type: regulatory
Sentiment:  negative
Materiality: 0.60
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Nasdaq notifies HCTI of bid price non-compliance; 180-day cure period to Dec 23, 2024
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- Bid price closed below $1.00 for 30 consecutive business days, violating Nasdaq Listing Rule 5550(a)(2).
- Company has until December 23, 2024 to regain compliance; must close at $1.00+ for 10 consecutive days.
- If not cured, HCTI may qualify for an additional 180-day period if it meets other listing standards.
- Failure to regain compliance could lead to delisting; company can appeal to a Nasdaq hearings panel.
- No immediate impact on listing; HCTI common stock continues trading under 'HCTI' on Nasdaq.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1839285/000121390024056634/0001213900-24-056634-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1839285/000121390024056634/ea0208636-8k_health.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-056634

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