secwatch.observer — SEC 8-K summary
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Issuer:     Healthcare Triangle, Inc. (HCTI)
CIK:        0001839285
Form:       8-K
Filed at:   2023-05-30T23:59:59+00:00
Accession:  0001607062-23-000305
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 3.03, 8.01, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1839285/000160706223000305/0001607062-23-000305-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1839285/000160706223000305/hcti053023form8k.htm
  HTML page:      https://secwatch.observer/filing/0001607062-23-000305

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer