Healthcare Triangle receives Nasdaq delisting notice; trading to suspend Sept 12 unless appeal

Healthcare Triangle, Inc.

Nasdaq Staff determined Company did not meet extension terms for minimum $2.5M stockholders' equity requirement.
Trading suspension of HCTI common stock scheduled for Sept 12, 2024, unless appeal is filed.
Company intends to request hearing with Nasdaq Hearings Panel by Sept 10, 2024 to stay suspension.
Delisting could impair stock liquidity, price, and ability to raise capital.

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