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Home.forex news reportHealthcare Triangle announces 1-for-60 reverse stock split

Healthcare Triangle announces 1-for-60 reverse stock split

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Healthcare Triangle (HCTI) announced that it will effect a 1-for-60 reverse stock split of its common stock. The reverse stock split will become effective at 12:01 a.m. Eastern Time on Tuesday, February 10, 2026, and the company’s common stock will commence trading on the Nasdaq Capital Market on a post-split basis at the opening of the market on February 10, 2026, pending confirmation by the Depository Trust Company and the Nasdaq. The company’s common stock will continue to trade on the Nasdaq Capital Market under the company’s existing trading symbol, “HCTI.” The company expects that the reverse stock split, which was approved by the company’s stockholders in a special meeting of Stockholders held on February 2, 2026, will increase the price per share of the company’s common stock, and is part of the company’s strategy to regain compliance with the $1.00 minimum bid price requirement of the Nasdaq Capital Market.

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