Healthcare Triangle effects 1-for-10 reverse stock split to meet Nasdaq $1.00 bid price requirement

Healthcare Triangle, Inc.

Reverse stock split effective 12:01 a.m. ET on May 26, 2023; trading commenced on split-adjusted basis May 26.
Outstanding shares reduced from ~42,778,762 to ~4,277,876; authorized shares unchanged at 200,000,000.
Fractional shares cashed out at $2.60/share, based on 5-day average closing price prior to effective date.
CUSIP changed to 42227W 207; trading symbol remains HCTI on Nasdaq Capital Market.

item 3.03 item 8.01 item 5.03 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.4

Healthcare Triangle, Inc. reported a fiscal year change.

Change: fiscal year change

Exact text from the filing

Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. To the extent required by Item 5.03 of Form 8-K, the information contained in Item 8.01 of this Current Report on Form 8-K is incorporated herein by reference.

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Healthcare Triangle, Inc. filing history →

Source: SEC EDGAR

accession 0001607062-23-000305

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