Latest news with #HealthcareTriangle
Globe and Mail
01-08-2025
- Business
- Globe and Mail
Healthcare Triangle Surges Forward: QuantumNexis's AI-Driven HIMS Platform 'Ezovion' Now Live on Microsoft Azure Marketplace
PLEASANTON, CA - August 1, 2025 (NEWMEDIAWIRE) - Healthcare Triangle, Inc. (Nasdaq: HCTI) ('HCTI' or the "Company"), a leader in digital transformation solutions including managed services, cloud enablement, and data analytics for the healthcare and life sciences industries - today announced a major milestone: its wholly owned subsidiary, QuantumNexis, has launched its AI-powered Hospital Information Management System (HIMS), Ezovion, on the Microsoft Azure Marketplace. This strategic move enhances Ezovion's accessibility to global healthcare providers and positions HCTI for expanded commercial growth through a trusted, enterprise-grade cloud platform. Ezovion is an advanced, cloud-native HIMS platform designed to digitize and optimize clinical, administrative, and operational workflows. From patient registration to billing, diagnostics, EMR integration, and mobile health enablement, Ezovion delivers intelligent automation that reduces costs, enhances care delivery, and drives operational efficiency. "Microsoft Azure Marketplace welcomes Ezovion Digital Healthcare Solutions, which joins a cloud marketplace landscape offering flexibility and economic value while transacting tens of billions of dollars a year in revenues," said Jake Zborowski, General Manager, Microsoft Azure Platform at Microsoft Corp. "Thanks to Azure Marketplace and partners like Ezovion, customers can do more with less by increasing efficiency, buying confidently, and spending smarter." By launching on Azure Marketplace, Ezovion now offers: This move aligns with HCTI's broader innovation roadmap, which includes GenAI-powered platforms such as Ziloy for mental wellness and for intelligent medical data automation - positioning the company as a high-impact, Nasdaq-listed digital health leader driving next-generation solutions across the care continuum. About Healthcare Triangle Healthcare Triangle, Inc. based in Pleasanton, California, reinforces healthcare progress through breakthrough technology and extensive industry knowledge and expertise. We support healthcare organizations 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 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, and clinical & business performance optimization. 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 set forth 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.
Associated Press
30-07-2025
- Business
- Associated Press
Healthcare Triangle, Inc. Announces 1-for-249 Reverse Stock Split as Part of Nasdaq Compliance Plan
PLEASANTON, CALIF. - July 29, 2025 ( NEWMEDIAWIRE ) - Healthcare Triangle, Inc. (Nasdaq: HCTI) ('HCTI' or the 'Company'), a leader in digital transformation solutions including managed services, cloud enablement, and data analytics for the healthcare and life sciences industry, today announced that it will effect a 1-for-249 reverse stock split of its common stock. The reverse stock split will become effective at 12:01 a.m. Eastern Time on Friday, August 1, 2025, and the Company's common stock will commence trading on the Nasdaq Capital Market on a post-split basis at the opening of the market on August 1, 2025, pending confirmation by the Depository Trust Company and the Nasdaq. The Company's common stock will continue to trade on the Nasdaq Capital Market under the Company's existing trading symbol, 'HCTI,' and a new CUSIP number 42227W 306 has been assigned as a result of the reverse stock split. The Company expects that the reverse stock split, which was approved by the Company's stockholders in a special meeting of Stockholders held on February 26, 2025, will increase the price per share of the Company's common stock, and is part of the Company's strategy to regain compliance with the $1.00 minimum bid price requirement of the Nasdaq Capital Market. At the effective time of the reverse stock split, each two hundred forty-nine (249) shares of the Company's issued and outstanding common stock will be automatically converted into one (1) issued and outstanding share of common stock without any change in the par value of $0.00001 per share or the total number of authorized shares. The reverse stock split will reduce the Company's number of shares outstanding common stock from approximately 1,452,124,283 shares to approximately 5,831,850 shares. No fractional shares of common stock will be issued in connection with the reverse stock split, and stockholders who would otherwise be entitled to receive a fractional share will be rounded up at a participant level in lieu thereof. Stockholders of record as of August 1st, 2025, will be receiving information regarding their share ownership following the reverse stock split from the Company's transfer agent, VStock Transfer, LLC. VStock Transfer can be reached at (212) 828 8436. Additional information about the reverse stock split can be found in the Company's definitive information statement on Schedule 14C, filed with the U.S. Securities and Exchange Commission (the 'SEC') on March 17, 2025, and available free of charge at the SEC's website About Healthcare Triangle 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. Healthcare Triangle achieves HITRUST Certification for Cloud and Data Platform (CaDP), marketed as CloudEz(TM) and DataEz(TM). HITRUST 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, and clinical and business performance optimization. For more information, visit 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). 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. Actual results could differ materially from current projections or implied results. Investors should read the risk factors set forth in the Company's Annual Report filed with the SEC on March 31, 2025, 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. The Company cautions that statements and assumptions made in this news release constitute forward-looking statements and make no guarantee of future performance. Forward-looking statements are based on estimates and opinions of management at the time statements are made. The information set forth herein speaks only as of the date hereof. The Company and its management undertake no obligation to revise these statements following the date of this news release. Investor Contact 1-800-617-9550 [email protected]
Yahoo
30-07-2025
- Business
- Yahoo
Healthcare Triangle, Inc. Announces 1-for-249 Reverse Stock Split as Part of Nasdaq Compliance Plan
PLEASANTON, CALIF. - July 29, 2025 (NEWMEDIAWIRE) - Healthcare Triangle, Inc. (Nasdaq: HCTI) ("HCTI" or the "Company"), a leader in digital transformation solutions including managed services, cloud enablement, and data analytics for the healthcare and life sciences industry, today announced that it will effect a 1-for-249 reverse stock split of its common stock. The reverse stock split will become effective at 12:01 a.m. Eastern Time on Friday, August 1, 2025, and the Company's common stock will commence trading on the Nasdaq Capital Market on a post-split basis at the opening of the market on August 1, 2025, pending confirmation by the Depository Trust Company and the Nasdaq. The Company's common stock will continue to trade on the Nasdaq Capital Market under the Company's existing trading symbol, "HCTI," and a new CUSIP number 42227W 306 has been assigned as a result of the reverse stock split. The Company expects that the reverse stock split, which was approved by the Company's stockholders in a special meeting of Stockholders held on February 26, 2025, will increase the price per share of the Company's common stock, and is part of the Company's strategy to regain compliance with the $1.00 minimum bid price requirement of the Nasdaq Capital Market. At the effective time of the reverse stock split, each two hundred forty-nine (249) shares of the Company's issued and outstanding common stock will be automatically converted into one (1) issued and outstanding share of common stock without any change in the par value of $0.00001 per share or the total number of authorized shares. The reverse stock split will reduce the Company's number of shares outstanding common stock from approximately 1,452,124,283 shares to approximately 5,831,850 shares. No fractional shares of common stock will be issued in connection with the reverse stock split, and stockholders who would otherwise be entitled to receive a fractional share will be rounded up at a participant level in lieu thereof. Stockholders of record as of August 1st, 2025, will be receiving information regarding their share ownership following the reverse stock split from the Company's transfer agent, VStock Transfer, LLC. VStock Transfer can be reached at (212) 828 8436. Additional information about the reverse stock split can be found in the Company's definitive information statement on Schedule 14C, filed with the U.S. Securities and Exchange Commission (the "SEC") on March 17, 2025, and available free of charge at the SEC's website About Healthcare Triangle 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. Healthcare Triangle achieves HITRUST Certification for Cloud and Data Platform (CaDP), marketed as CloudEz(TM) and DataEz(TM). HITRUST 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, and clinical and business performance optimization. For more information, visit 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). 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. Actual results could differ materially from current projections or implied results. Investors should read the risk factors set forth in the Company's Annual Report filed with the SEC on March 31, 2025, 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. The Company cautions that statements and assumptions made in this news release constitute forward-looking statements and make no guarantee of future performance. Forward-looking statements are based on estimates and opinions of management at the time statements are made. The information set forth herein speaks only as of the date hereof. The Company and its management undertake no obligation to revise these statements following the date of this news release. Investor Contact1-800-617-9550ir@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Straits Times
25-07-2025
- Business
- Straits Times
This 5-cent meme stock just made up 15% of US trading volume
NEW YORK – Shares of tiny Healthcare Triangle stood out as the most actively-traded name on US exchanges on July 24 - just one example of the meme-stock mania sweeping the stock market once again. The little-known healthcare information technology company saw its stock price more than double to just above 5 US cents, with over three billion shares changing hands. That was equivalent to about 15 per cent of the total shares traded on US exchanges for the day, data compiled by Bloomberg show. After surging 138 per cent at the open, Healthcare Triangle's shares closed up 115 per cent, with no apparent news to spark the eye-popping move. The total value of shares traded for the day stood at approximately US$150 million (S$192 million), nearly seven times the company's market capitalisation. As with previous meme-stock episodes, the targets were struggling firms that influencers hyped as underdogs in a market controlled by Wall Street pros. That's what happened during the original meme mania in 2021, when GameStop and AMC Entertainment Holdings soared during a burst of trading spurred by a well-known Reddit user. Meme‑driven spikes can deliver multibillion‑dollar windfalls – and steep losses for anyone who jumps in too late. Here's what to know. Top stories Swipe. Select. Stay informed. Business GIC posts 3.8% annualised return over 20 years despite economic uncertainties Business GIC's focus on long-term value aims to avoid permanent loss amid intensifying economic changes Opinion No idle punt: Why Singapore called out cyber saboteur UNC3886 by name Asia Cambodia and Thailand are willing to consider ceasefire: Malaysian PM Anwar Asia Deadly Thai-Cambodian dispute puts Asean's relevance on the line Business MAS' measures spark cautious optimism for Singapore stock market revival: Analysts World Trump, Fed chief Powell bicker during tense central bank visit Life Hulk Hogan, who helped turn pro wrestling into a billion-dollar spectacle, dies at 71 Why do these frenzies keep happening? Meme stocks tend to share several characteristics – including that they catch the internet's imagination and get promoted on social media by influential retail investors. The posts are often accompanied by images or videos – memes – that incorporate pop culture references. Buying the stocks can be seen as a badge of honour or a way to join a club, with investors cheering on one another to snap up shares. Most meme moments have involved high-profile consumers brands like GameStop and AMC in 2021. In the current frenzy, it is Opendoor, Krispy Kreme, GoPro and Beyond Meat. They also tend to be stocks that have a large short interest – meaning that professional investors are betting against them – and are often cheap on a per-share basis. How does this round of meme mania compare with the Covid-era saga? The backdrop in 2025 is fundamentally different from what existed in 2021, when US investors who were stuck at home during the pandemic and flush with stimulus checks swapped tips on social platforms. Economic conditions like those hanging over the market in 2025, including elevated interest rates and uncertainty over tariff and trade policy, normally would deter investors from making risky bets, but speculative corners of the market are once again lighting up. The latest meme frenzy involves fewer stocks than in 2021, but the rallies have been volatile and often short-lived. Take Opendoor: Its shares jumped 43 per cent on July 21, when 1.9 billion shares traded, amounting to nearly 10 per cent of all US stock-trading volume that day. Behind the sharp rally lay an explosion in options flow: More than 3.4 million contracts changed hands on July 21, a level eclipsing even the highest one-day total during GameStop's 2021 surge. Meanwhile, companies such as Kohl's and Krispy Kreme ripped higher amid short squeezes, market terminology for what can happen when traders bet on a price falling by borrowing shares and immediately selling them, only to have the price suddenly rise instead. The traders are forced to quickly buy back the securities, further fueling the rally. The surge wasn't sustained for Krispy Kreme – while shares of the doughnut maker rose as much as 39 per cent when the market opened on July 23, it closed only 4.6 per cent higher. Are meme stocks risky? Trading meme stocks can be very risky because the reasoning behind buying them has almost nothing to do with the performance or prospects of the underlying business. Meme stocks also can be volatile, elevating the risks of buying and selling the shares, especially for inexperienced market participants. For instance, GameStop stock has lost more than 70 per cent of its value from its peak in January 2021, while AMC has plunged nearly 99 per cent since its June 2021 high. The main driver for meme stocks to rally is the rush of the crowd looking to strike out against the Wall Street establishment, but as AMC and GameStop showed, sooner or later a company's fundamentals tend to prevail, bringing the party to an end. Why do these flare-ups happen? A sudden, unexplained run-up in the share price of a consumer company often can be traced to posts on Discord, Reddit, trader chatroom StockTwits and other sites. In 2021, the GameStop frenzy began when bullish posts by investor Keith Gill, known by his online persona Roaring Kitty, sent the retailer's shares soaring. In the July 2025 meme-stock episode, Opendoor was the subject of chatter among retail traders on social media after Eric Jackson, founder of Toronto-based hedge fund EMJ Capital, made a series of posts on X encouraging buying. It was then listed as one of the most actively traded names on StockTwits, and was being heavily cited by posters on Reddit's WallStreetBets thread. Is all of this legal? The US Securities and Exchange Commission polices illegal market manipulation, but it has to prove intent. Talking up a stock can be illegal if it is done by someone seeking to push the price higher and then profit from the momentum. The ethics of social media influencers driving share swings have been hotly debated. Skeptics argue that meme-stock promoters often don't disclose important details such as the size of their positions in companies, when they trade them and whether they are paid to endorse stocks. Others argue that promoting investments on social media is similar to activist investors pushing for changes or short sellers releasing reports targeting companies in order to profit. BLOOMBERG
Yahoo
24-07-2025
- Business
- Yahoo
This Five-Cent Meme Stock Just Made Up 15% of US Trading Volume
(Bloomberg) -- Shares of tiny Healthcare Triangle Inc. stood out as the most actively-traded name on US exchanges on Thursday, another example of how investor exuberance is fueling wild gyrations throughout the equity market. Trump Awards $1.26 Billion Contract to Build Biggest Immigrant Detention Center in US The High Costs of Trump's 'Big Beautiful' New Car Loan Deduction Can This Bridge Ease the Troubled US-Canadian Relationship? Salt Lake City Turns Winter Olympic Bid Into Statewide Bond Boom The little-known healthcare information technology company saw its stock price more than double to just above five cents, with over 3 billion shares changing hands. That was equivalent to about 15% of the total shares traded on US exchanges for the day, data compiled by Bloomberg show. After surging 138% at the open, Healthcare Triangle's shares closed up 115%, with no apparent news to spark the eye-popping move. The company did not immediately respond to a request for comment. The total value of shares traded for the day stood at approximately $150 million, nearly seven times the company's market capitalization. The surge was among the latest manifestations of the meme stock mania that has sparked rallies in speculative names, with Kohl's Corp., GoProInc. and Krispy Kreme Inc. among the list of companies whose shares have seen big moves. Shares of Opendoor Technologies, which shot higher on Monday, were also notable for massive trading volumes. While the number of stocks being drawn into the frenzy is growing, the rallies have been volatile and often short lived, raising questions about whether the companies will be able to take advantage of their elevated share prices to raise fresh capital, the way that AMC Entertainment Holdings Inc. and GameStop Corp. did during the original meme stock craze of 2021. Burning Man Is Burning Through Cash Elon Musk's Empire Is Creaking Under the Strain of Elon Musk It's Not Just Tokyo and Kyoto: Tourists Descend on Rural Japan A Rebel Army Is Building a Rare-Earth Empire on China's Border How Hims Became the King of Knockoff Weight-Loss Drugs ©2025 Bloomberg L.P. Sign in to access your portfolio
