other material
confidence high
sentiment neutral
materiality 0.50
Healthcare Triangle holders approve reverse split up to 1:25, plus 20% share-issuance authority
Healthcare Triangle, Inc.
- Proposal 1 passed 20,163,583 for vs 93,410 against, authorizing one or more reverse splits at ratios from 1:2 to 1:25, exact ratio to be set by the Board.
- Aggregate split ratio capped at 1:25; the filing gives no specific ratio or effective date for the reverse split.
- Proposal 2 approved 20,123,343 to 132,881, allowing 20% Issuances below the Minimum Price for purposes of Nasdaq Listing Rule 5635(d).
- Proposal 3 approved 20,105,936 to 150,521, amending the 2020 Stock Incentive Plan to remove reverse-stock-split adjustments.
- 20,257,026 shares (53.69% of 37,730,008 outstanding) were represented at the Oct. 23, 2026 virtual special meeting; the adjournment proposal also passed.