Healthcare Triangle, Inc. Implements 1-for-60 Reverse Stock Split for Nasdaq Compliance Strategy

In a strategic move to enhance its compliance with Nasdaq regulations, Healthcare Triangle, Inc. (Nasdaq: HCTI) has announced a reverse stock split of 1-for-60, effective February 10, 2026. This decision comes as part of the company’s ongoing efforts to meet the $1.00 minimum bid price requirement set by Nasdaq for its common stock.

Why a Reverse Stock Split?

The reverse stock split will convert every sixty shares of the company’s common stock into a single share. As a result, the total shares outstanding will dramatically decrease from approximately 45.4 million to around 757,000 shares. By consolidating shares, the company aims to inflate the per-share market value and regain compliance following a significant drop in stock prices.

The Board of Directors proposed this action during a special meeting of stockholders held on February 2, 2026, which received the necessary approvals from shareholders. Healthcare Triangle anticipates that this measure will bolster investor confidence and appeal to a broader array of institutional investors.

What This Means for Shareholders

For shareholders, this means that those holding shares as of January 8, 2026, will receive further communications regarding their new share holdings post-split. Importantly, while the number of shares will reduce, the par value of the shares will remain identical at $0.00001 per share. Fractional shares will not be issued; instead, entitlements will be rounded up, ensuring that no shareholder loses value due to the split.

Shareholders can expect to see their holdings reflected on the Nasdaq Capital Market on a post-split basis starting with the market's opening on February 10, and they will continue to trade under the existing symbol “HCTI.” A new CUSIP number, 42227W 405, has been assigned specifically for this change.

About Healthcare Triangle

Headquartered in Pleasanton, California, Healthcare Triangle, Inc. leads the healthcare and life sciences sector in digital transformation solutions. The company’s offerings include managed services, cloud enablement, and data analytics designed to improve health outcomes across various healthcare settings.

Healthcare Triangle's robust strategy includes obtaining HITRUST Certification for its Cloud and Data Platform, which showcases their commitment to data protection and information security. They cater to healthcare providers, payers, and pharma/life sciences organizations, enabling improvements in their operational efficiency and compliance with new technologies.

With a firm foothold in an ever-evolving market, the company remains a critical partner in the healthcare sector, focusing on enhancing performance optimization, healthcare interoperability, and overall digital transformation.

For more information about their services and strategic direction, visit Healthcare Triangle’s official website.

Future Outlook

While the reverse stock split is a step toward stabilization and compliance, Healthcare Triangle also recognizes that this measure carries inherent risks and uncertainties. The company has made it clear that actual results might diverge from optimistic projections due to fluctuations in market conditions and investor reactions.

Investors are encouraged to review the risk factors within the company’s SEC filings to gain a deeper insight into the potential challenges ahead. As always, the management at Healthcare Triangle is navigating these complexities with a forward-thinking approach, striving to enhance shareholder value and market presence in the healthcare technology landscape.