FAQ on Healthcare Triangle, Inc.'s 1-for-249 Reverse Stock Split

What is a reverse stock split?

A reverse stock split is a corporate action where a company reduces the number of its outstanding shares to increase the price per share, without changing the total value of all shares outstanding.

Why is Healthcare Triangle, Inc. implementing a reverse stock split?

The reverse stock split is part of the company’s strategy to regain compliance with the $1.00 minimum bid price requirement of the Nasdaq Capital Market.

When will the reverse stock split take effect?

The reverse stock split will become effective at 12:01 a.m. Eastern Time on Friday, August 1, 2025.

How will the reverse stock split affect shareholders?

Each 249 shares of the company’s common stock will be converted into one share, reducing the total number of outstanding shares from approximately 1,452,124,283 to about 5,831,850, with no fractional shares issued.

Will the reverse stock split change the company’s trading symbol or CUSIP number?

The company’s common stock will continue to trade under the symbol ‘HCTI’ on the Nasdaq Capital Market, but a new CUSIP number, 42227W 306, has been assigned.

Where can I find more information about the reverse stock split?

Additional information is available in the Company’s definitive information statement on Schedule 14C, filed with the SEC on March 17, 2025, and accessible at the SEC’s website, sec.gov.

Who should shareholders contact for more information about their share ownership after the split?

Stockholders can contact the Company’s transfer agent, VStock Transfer, LLC, at (212) 828 8436 for information regarding their share ownership following the reverse stock split.

What is the purpose of Healthcare Triangle, Inc.?

Healthcare Triangle, Inc. supports healthcare organizations in improving health outcomes through digital transformation solutions, including managed services, cloud enablement, and data analytics.