NewsMV
(HCTI) received a Staff Delisting Determination from The Nasdaq Stock Market LLC on October 1, 2026, placing its common stock at risk of immediate suspension.
The exchange notified the company that it failed to meet the minimum bid price requirement of $1.00 per share under Nasdaq Listing Rule 5550(a)(2) for The Nasdaq Capital Market.
Normally, a company failing this standard is granted a 180-calendar-day period to regain compliance.
However, Healthcare Triangle is ineligible for this grace period because it executed reverse stock splits with a cumulative ratio of 250 shares or more to one over the prior two-year period.
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