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Healthcare Triangle, Inc. Announces Nasdaq Hearings Panel's Grant of the Company's Request for Continued Listing of its Securities. Pleasanton, California

Key Takeaway: Healthcare Triangle, Inc. announced that the Nasdaq Hearings Panel granted its request to continue listing its securities on the Nasdaq. This decision follows a review of compliance with Nasdaq’s shareholder equity rule, allowing the company to resolve prior deficiencies. The company expressed gratitude for the decision and communicated its commitment to advancing its strategic growth plan, while a Discretionary Panel Monitor will oversee compliance for the next year.

Market Sentiment Analysis

POSITIVE FACTORS

  • The Nasdaq Hearings Panel granted Healthcare Triangle's request for continued listing.
  • The company is optimistic about executing its strategic growth plan.
  • Management expresses gratitude towards Nasdaq for the decision, enhancing investor confidence.

CONCERNS & RISKS

  • The company previously faced Public Interest Concerns about compliance with Nasdaq's listing requirements.
  • The need for a Discretionary Panel Monitor suggests ongoing scrutiny and potential complications.

Full Press Release Details

Healthcare Triangle, Inc. Announces Nasdaq Hearings
Panel's Grant of the Company's Request for Continued Listing of its Securities.
Pleasanton, California, July 7, 2025. (NewsMediaWire)
-- Healthcare Triangle, Inc. (Nasdaq: HCTI) ("HCTI" or the "Company"), a visionary leader in digital transformation
solutions for the healthcare and life sciences industries, today announced today announces that the Nasdaq Stock Market (or "Nasdaq")
Hearings Panel (or "the Company's Panel") has granted the company's request for its continued listing of the Company's
securities on the Nasdaq. This decision followed a review of a Public Interest Concern raised by Nasdaq's Listing Qualifications
After careful consideration, the Panel determined
that Healthcare Triangle Inc. is in compliance with Nasdaq's shareholders' equity rule and granted the Company a continued listing
exception to resolve previously noted deficiencies. The Panel will impose a Discretionary Panel Monitor for a one-year period following
any compliance determination.
The Panel granted the Company's request
for continued listing on the Exchange, subject to the following:
"We are elated and grateful to Nasdaq's
Panel for reaching it's determination, allowing us to continue with our listing intact, providing our investor base along with new
investors with the ability to continue to trade our securities," said Dave Rosa, Chaiman of the Board of Directors at HCTI.
"Moving forward, we remain optimistic on advancing our mission by executing our strategic plan for maximum growth and sustainability
as we empower healthcare organizations through cutting-edge cloud technologies, AI-driven analytics, and secure data platforms."
Healthcare Triangle Inc. remains dedicated to
providing updates to shareholders and stakeholders as it continues its focus on enhancing shareholder value.
About Healthcare Triangle (HCTI)
Healthcare Triangle,
Inc. based in Pleasanton, California, reinforces healthcare progress through breakthrough technology and extensive industry knowledge
and expertise. We support healthcare, including hospitals and health systems, payers, and pharma/life sciences organizations in their
effort to improve health outcomes through better utilization of the data and information technologies that they rely on. Healthcare Triangle
achieves HITRUST Certification for Cloud and Data Platform (CaDP), marketed as CloudEz and DataEz . HITRUST's Risk-based,
2-year (r2) certified status demonstrates to our clients the highest standards for data protection and information security. Healthcare
Triangle enables the adoption of new technologies, data enlightenment, business agility, and response to immediate business needs and
competitive threats. The highly regulated healthcare and life sciences industries rely on Healthcare Triangle for expertise in digital
transformation encompassing the cloud, security and compliance, data lifecycle management, healthcare interoperability, clinical and business
performance optimization. www.healthcaretriangle.com.
Forward-Looking Statements and Safe Harbor Notice
All statements other than statements of historical
facts included in this press release are "forward-looking statements" (as defined in the Private Securities Litigation Reform
Act of 1995), and include, among others, statements regarding the consummation of the private placement, satisfaction of the customary
closing conditions of the private placement and the use of the proceeds therefrom. Such forward-looking statements include our expectations
and those statements that use forward-looking words such as "projected," "expect," "possibility" and "anticipate."
The achievement or success of the matters covered by such forward-looking statements involve significant risks, uncertainties, and assumptions,
including market and other conditions. Actual results could differ materially from current projections or implied results. Investors should
read the risk factors out lined in the company's annual report on form 10-K for the year ended December 31, 2024, on file with the Securities
Exchange Commission (the "SEC") and in previous filings, subsequent filings and future periodic reports filed with the SEC.
All the company's forward-looking statements are expressly qualified by all such risk factors and other cautionary statements.

Frequently Asked Questions

What did Healthcare Triangle, Inc. announce on July 7, 2025?

They announced the Nasdaq panel granted their request for continued listing.

Why did the Nasdaq Hearings Panel grant continued listing?

They concluded the company complies with shareholders' equity rules.

Who is the Chairman of Healthcare Triangle, Inc.?

Dave Rosa serves as the Chairman of the Board of Directors.

What is Healthcare Triangle’s mission?

Their mission is to empower healthcare organizations with advanced technologies.

What certification did Healthcare Triangle achieve?

They achieved HITRUST Certification for their Cloud and Data Platform.

Last updated: Jul 7, 2025