other material
confidence high
sentiment neutral
materiality 0.55
Healthcare Triangle stockholders approve reverse stock split authorization at 1:2 to 1:100 ratio
Healthcare Triangle, Inc.
- 20,231,200 votes in favor, 175,869 against, 1,656 abstain for reverse split amendment.
- Board of Directors will determine exact ratio within the 1:2 to 1:100 range.
- Adjournment proposal also passed with 20,199,168 votes for, 203,557 against, 7,000 abstain.
- Quorum of 66.35% of outstanding voting shares was present at the special meeting.