secwatch.observer — SEC 8-K summary
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Issuer:     Healthcare Triangle, Inc. (HCTI)
CIK:        0001839285
Form:       8-K
Filed at:   2023-06-05T23:59:59+00:00
Accession:  0001607062-23-000322
Event type: other_material
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Healthcare Triangle delisting notice from Nasdaq; hearing requested
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- Received Nasdaq delisting notice on May 31, 2023 for failing to meet minimum bid price rule by May 30 deadline.
- Trading suspension set for June 9, 2023 unless appeal; company requested hearing on June 5, staying delisting.
- Hearing scheduled for July 20, 2023; company also submitted expedited review questionnaire to Nasdaq.
- Effected 1-for-10 reverse stock split on May 26, 2023; stock closed above $2.60 for 6 trading days since.
- No assurance that compliance plan will be accepted or that company can regain compliance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1839285/000160706223000322/0001607062-23-000322-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1839285/000160706223000322/hcti060523form8k.htm
  HTML page:      https://secwatch.observer/filing/0001607062-23-000322

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