Healthcare Triangle, Inc. Announces 1-for-249 Reverse Stock Split to Meet Nasdaq Compliance

Healthcare Triangle, Inc. (Nasdaq: HCTI), a leader in digital transformation solutions for the healthcare and life sciences industries, has taken a significant step to ensure its compliance with Nasdaq Capital Market listing requirements. The company announced a 1-for-249 reverse stock split of its common stock, effective from 12:01 a.m. Eastern Time on August 1, 2025. This strategic maneuver is designed to increase the company's share price to meet the Nasdaq's minimum bid price requirement of $1.00, thereby securing its continued listing under the symbol 'HCTI'.

The decision, which garnered stockholder approval at a special meeting on February 26, 2025, will see every 249 shares of the company's outstanding common stock consolidated into one share. This action is projected to decrease the number of outstanding shares from approximately 1,452,124,283 to about 5,831,850. Importantly, the reverse stock split will not affect the par value or the total number of authorized shares. In cases where fractional shares would result, stockholders will receive a rounded-up share at the participant level, ensuring fairness in the adjustment process.

Stockholders recorded as of August 1, 2025, will be notified of their revised share ownership by VStock Transfer, LLC, the company's transfer agent. For those seeking more in-depth information, Healthcare Triangle, Inc. has made detailed disclosures in its definitive information statement on Schedule 14C, filed with the U.S. Securities and Exchange Commission on March 17, 2025. This document is accessible at https://sec.gov, providing transparency and further insight into the reverse stock split's implications.

This development is crucial for investors and the industry at large, as it underscores Healthcare Triangle, Inc.'s commitment to maintaining its Nasdaq listing and its dedication to long-term growth and stability. By aligning with Nasdaq's requirements, the company not only safeguards its market position but also enhances its appeal to potential investors, signaling confidence in its future prospects. The reverse stock split represents a pivotal moment for Healthcare Triangle, Inc., reflecting its strategic efforts to navigate the complexities of the stock market while continuing to deliver innovative solutions in the healthcare and life sciences sectors.