Healthcare Triangle, Inc. 8-K

What Happened Healthcare Triangle, Inc. (HCTI) filed an 8-K reporting that at its virtual Special Stockholders Meeting on February 2, 2026 shareholders approved an amendment to the company’s Certificate of Incorporation to permit a reverse split of its common stock at a ratio to be chosen by the Board between one-for-two (1:2) and one‑for‑one hundred (1:100). The record date for voting was January 8, 2026. The filing shows that combined holders of 20,409,725 shares were represented at the meeting, constituting approximately 66.35% of outstanding voting shares, and that the Reverse Split Proposal was approved by the required majority.

Key Details

• Record date: January 8, 2026. Outstanding at record date: 10,758,725 shares of common stock and 20,000 shares of Series A Super Voting preferred stock (each share entitled to one vote).
• Quorum: 20,409,725 shares represented at the meeting (≈66.35% of outstanding voting shares).
• Reverse Split vote: For 20,231,200; Against 175,869; Abstain 1,656 — proposal approved.
• Adjournment vote (to solicit additional proxies if needed): For 20,199,168; Against 203,557; Abstain 7,000 — proposal approved.

Why It Matters The shareholder approval authorizes the Board to consolidate shares at a ratio between 1:2 and 1:100; the Board will later select the exact ratio and announce any implementation date and effects. A reverse split changes the number of outstanding shares and the per‑share metrics (for example, share count and per‑share price), so investors should watch for the company’s follow‑up disclosure that sets the final ratio, the effective date, and the resulting adjusted share totals.