Healthcare Triangle to carry out 1-for-20 reverse split for Nasdaq compliance
Healthcare Triangle (HCTI) will effect a 1-for-20 reverse stock split on October 26, 2026, as part of its plan to regain the Nasdaq $1 minimum bid price.
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what happened
Healthcare Triangle said a 1-for-20 reverse stock split of its common stock will take effect on October 26, 2026. Trading on the Nasdaq Capital Market will resume on a post-split basis at the market open that day, the ticker HCTI stays the same, and a new CUSIP number has been assigned.
After the split, shares outstanding will fall from about 17.73 million to roughly 886,501. The company says the aim is to lift the share price above the $1.00 minimum bid that Nasdaq requires. No fractional shares will be issued, and rounding will be handled by the transfer agent, VStock Transfer, LLC.
According to TradingView, which cites the company's announcement, further details are set out in the definitive proxy statement filed with the SEC on October 13, 2026.
why it matters
The split does not change the company's underlying value, but it sharply reduces the free float, which can raise volatility and widen spreads. The key questions are whether the share price holds above $1 and whether Nasdaq confirms compliance.
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instruments
sources
- Healthcare Triangle, Inc. (HCTI) Sets 1-for-20 Reverse Split to Aid Nasdaq Compliance — TradingView, 22 October 2026 at 02:00 UTC
- Healthcare Triangle, Inc. Announces 1-for-20 Reverse Stock Split as Part of Nasdaq Compliance Plan — TradingView, 22 October 2026 at 02:00 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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