Healthcare Triangle, Inc. Announces 1-for-249 Reverse Stock Split to Comply with Nasdaq Requirements

Healthcare Triangle, Inc. (Nasdaq: HCTI) has announced a 1-for-249 reverse stock split of its common stock, effective at 12:01 a.m. Eastern Time on August 1, 2025. This strategic move is designed to increase the per-share price of the company's stock, thereby complying with the Nasdaq Capital Market's $1.00 minimum bid price requirement. The reverse stock split will convert every 249 shares of the company's outstanding common stock into one share, reducing the total number of outstanding shares from approximately 1,452,124,283 to about 5,831,850.

The decision, approved by stockholders in a special meeting on February 26, 2025, is part of Healthcare Triangle's broader strategy to maintain its listing on the Nasdaq Capital Market. The company's stock will continue to trade under the symbol "HCTI," with a new CUSIP number assigned post-split. Stockholders will receive information regarding their adjusted share holdings from the company's transfer agent, VStock Transfer, LLC. Further details on the reverse stock split are available in the company's definitive information statement filed with the SEC on March 17, 2025.