Healthcare Triangle, Inc. (HCTI) will execute a 1-for-20 reverse stock split, effective at 12:01 a.m. Eastern Time on October 26, 2026. The company says the split is part of its effort to regain compliance with the Nasdaq Capital Market’s $1.00 minimum bid price requirement.
HCTI will begin trading on a split-adjusted basis at the market opening on October 26 under its existing ticker, HCTI. The split will reduce the number of outstanding shares from approximately 17.7 million to about 886,500.
The move follows an October 1 delisting determination notice from Nasdaq for failure to meet the exchange’s listing standards.