Nasdaq notifies Healthcare Triangle of delisting for low stock price and public interest concerns

Healthcare Triangle, Inc.

Stock closed at $0.10 or less for 10 consecutive trading days, triggering the Low Priced Stocks Rule.
Delisting determination also based on public interest concerns from February 2025 private placement causing shareholder dilution.
Company has responded to Nasdaq Hearings Panel addressing all outstanding deficiencies by June 6, 2025 deadline.
No assurance that company can regain compliance or avoid delisting; evaluating alternatives including OTCQB listing.
Previously on Feb 26, 2025, company was notified of non-compliance with $1 minimum bid price requirement; compliance period expires Aug 25, 2025.

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