regulatory
confidence high
sentiment negative
materiality 0.70
Healthcare Triangle completes 1-for-20 reverse split after Nasdaq delisting notice; hearing set Nov. 5
Healthcare Triangle, Inc.
- Reverse split effective 12:01 a.m. ET Oct. 26, 2026; HCTI began trading split-adjusted that day under the same symbol and new CUSIP 42227W 504.
- Outstanding shares fell from 17,730,008 to 886,587; every 20 shares combined into one, no fractional shares were issued, and authorized shares were unchanged.
- Healthcare Triangle received a Nasdaq Staff Delisting Determination on Oct. 1, 2026, requested a hearing on Oct. 8, and the appeal is scheduled for Nov. 5, 2026.
- The reverse split is intended to regain compliance with Nasdaq Capital Market's $1.00 minimum bid price rule; the company said there is no assurance the Panel will grant continued listing.
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