Healthcare Triangle, Inc. 8-K

What Happened
Healthcare Triangle, Inc. announced a one-for-sixty (1:60) reverse stock split of its common stock effective 12:01 a.m. ET on February 10, 2026. The company filed a Certificate of Amendment with the Delaware Secretary of State and began trading on a split‑adjusted basis on the NASDAQ Capital Market at market open on February 10, 2026; the trading symbol remains HCTI and the new CUSIP is 42227W 405.

Key Details

• Reverse split ratio: 1-for-60, effective Feb 10, 2026 at 12:01 a.m. ET.
• Shares outstanding reduced from 45,417,091 to 756,984; number of authorized shares did not change.
• Fractional shares were not issued; holders entitled to fractional shares were rounded up to the next whole share at a participant level.
• Proportional adjustments were made to outstanding warrants, stock options, convertible securities and equity plan reserves.
• Transfer agent VStock Transfer, LLC acted as exchange agent; holders in brokerage “street name” need take no action.
• The company said the split was intended to comply with Nasdaq Listing Rule 5550(a)(2) ($1.00 minimum bid); the filing also references the company’s potential appeal of any Nasdaq delisting determination and the OTCQB as an alternative trading venue.

Why It Matters
The reverse split increases the per‑share price by reducing the share count, a step the company says is intended to meet NASDAQ’s $1.00 minimum bid requirement and maintain listing eligibility. For investors, the split does not change an owner’s proportional stake (except for rounding effects) but can affect share liquidity, per‑share metrics and option/warrant exercise terms (which were adjusted). Monitor subsequent SEC filings and Nasdaq communications for updates on listing status or any appeals.