Healthcare Triangle(HCTI)
Search documents
Morning Market Movers: PLYX, JDZG, ZIM, MASI See Big Swings
RTTNews· 2026-02-17 12:21
Core Insights - Premarket trading is showing notable activity with significant price movements indicating potential investment opportunities before the market opens [1] Premarket Gainers - TG-17, Inc. (OBAI) has increased by 123% to $6.98 [3] - Polaryx Therapeutics, Inc. (PLYX) is up 78% at $4.29 [3] - ZIM Integrated Shipping Services Ltd. (ZIM) has risen by 34% to $29.97 [3] - Masimo Corporation (MASI) is up 33% at $173.80 [3] - Ocular Therapeutix, Inc. (OCUL) has increased by 26% to $11.21 [3] - Empery Digital Inc. (EMPD) is up 15% at $4.34 [3] - Digital Brands Group, Inc. (DBGI) has risen by 12% to $5.40 [3] - Kennedy-Wilson Holdings, Inc. (KW) is up 9% at $10.82 [3] - urban-gro, Inc. (UGRO) has increased by 8% to $3.89 [3] - Neo-Concept International Group Holdings Limited (NCI) is up 6% at $2.55 [3] Premarket Losers - JIADE Limited (JDZG) has decreased by 48% to $1.98 [4] - AIM ImmunoTech Inc. (AIM) is down 19% at $1.01 [4] - Founder Group Limited (FGL) has fallen by 16% to $15.10 [4] - Mega Fortune Company Limited (MGRT) is down 12% at $6.53 [4] - Moolec Science SA (MLEC) has decreased by 9% to $7.80 [4] - Creative Global Technology Holdings Limited (CGTL) is down 8% at $2.68 [4] - Danaher Corporation (DHR) has fallen by 7% to $196.00 [4] - Westwood Holdings Group, Inc. (WHG) is down 7% at $16.37 [4] - Psyence Biomedical Ltd. (PBM) has decreased by 6% to $2.90 [4] - Healthcare Triangle, Inc. (HCTI) is down 5% at $8.10 [4]
Healthcare Triangle announces 1-for-60 reverse stock split
Yahoo Finance· 2026-02-07 15:25
Core Viewpoint - Healthcare Triangle (HCTI) will implement a 1-for-60 reverse stock split to increase its share price and comply with Nasdaq's minimum bid price requirement of $1.00 [1] Group 1: Reverse Stock Split Details - The reverse stock split will take effect at 12:01 a.m. Eastern Time on February 10, 2026 [1] - HCTI's common stock will begin trading on a post-split basis on the Nasdaq Capital Market on the same date [1] - The reverse stock split was approved by stockholders during a special meeting held on February 2, 2026 [1] Group 2: Strategic Implications - The company anticipates that the reverse stock split will help increase the price per share of its common stock [1] - This action is part of HCTI's broader strategy to regain compliance with Nasdaq's listing requirements [1]
Healthcare Triangle Inc. subsidiary QuantumNexis Announce Joint Venture with Golden Code Holdings to Accelerate AI and Digital Health Transformation in Saudi Arabia
Prnewswire· 2026-02-05 13:10
Core Insights - The joint venture between Healthcare Triangle's subsidiary QuantumNexis and Golden Code Holdings aims to tap into the rapidly growing $70 billion healthcare market in Saudi Arabia by 2030 [1][2]. Group 1: Joint Venture Objectives - The partnership combines QuantumNexis' expertise in AI-powered healthcare platforms with Golden Code Holdings' local market knowledge to support Saudi Vision 2030 and the Ministry of Health's digital strategy [2][5]. - The joint venture is focused on creating a data-driven healthcare ecosystem that emphasizes value-based care, prioritizing patient outcomes over service volume [2][5]. Group 2: Digital Health Solutions - QuantumNexis plans to introduce a suite of advanced digital health platforms in Saudi Arabia, aimed at modernizing workflows and improving care coordination across healthcare facilities [3][6]. - Key offerings include Ezovion for hospital operations, Ziloy.ai for clinical intelligence, and Readabl.ai for documentation automation, alongside interoperability solutions through partnerships with Better.care and Microsoft [6][7]. Group 3: Strategic Goals - The joint venture aims to drive national-scale digital health modernization, support localization and compliance, and establish a regional hub for innovation and research [7][8]. - It will also focus on building a Saudi-based digital health workforce through capability development programs [7][8]. Group 4: Market Impact - The collaboration is expected to create new opportunities for local talent and technology leadership, accelerating the transition to interoperable, data-driven healthcare in Saudi Arabia [5][9].
Healthcare Triangle Inc. Partners with Better.care to Expand Health Data Platform Services Across EMEA's Leading Healthcare Systems
Prnewswire· 2026-01-29 13:18
Core Insights - Healthcare Triangle, Inc. has entered into a Development Program Agreement with Better, a global digital healthcare platform provider, marking a significant milestone in advancing digital health innovation and expanding its presence in high-growth markets [1][2][5] Partnership Details - The agreement initiates a long-term partnership, allowing QuantumNexis and other HCTI subsidiaries to access training and certification programs to enhance their expertise and delivery capabilities using Better's platform [2][4] - This collaboration aims to transform healthcare delivery globally by combining Healthcare Triangle's innovation with Better's robust platform, focusing on patient care in emerging markets [3][5] Market Expansion - The partnership positions HCTI and QuantumNexis to pursue digital health opportunities across Europe, Southeast Asia, the Middle East, and Africa, targeting countries like India, Malaysia, Indonesia, the Philippines, Saudi Arabia, and various African markets [5][7] - Better's platform supports over 30 million patients and has provided solutions in more than 20 markets globally, emphasizing its capability to manage and exchange structured electronic health records [8] Workforce Development - The collaboration includes launching structured training and certification programs for teams at HCTI and QuantumNexis to accelerate the adoption of Better's solutions, enhancing workforce enablement [4]
Healthcare Triangle, Inc. Announces Participation and Presentation at the Deal Flow Discovery Conference in Atlantic City
Prnewswire· 2026-01-28 15:10
Core Insights - Healthcare Triangle, Inc. (HCTI) is participating in the Deal Flow Discovery Conference on January 28-29, 2026, in Atlantic City, New Jersey, where it will present its strategic vision and growth initiatives [1][1][1] Company Overview - HCTI is a leader in digital transformation solutions for healthcare and life sciences, focusing on improving health outcomes through better utilization of data and information technologies [1][1] - The company provides HITRUST Certification for its Cloud and Data Platform, demonstrating high standards for data protection and information security [1][1] Conference Participation - At the conference, HCTI will showcase its expanding portfolio, including healthcare cloud services, AI-driven data platforms, and digital transformation solutions for hospitals and health systems [1][1] - The leadership team will discuss recent milestones and growth initiatives, including an International Acquisition Road Map and proprietary patient engagement tools [1][1] Strategic Focus - HCTI emphasizes AI-led managed services aimed at enhancing efficiency, cost optimization, and business agility in the highly regulated healthcare and life sciences industries [1][1] - The company is focused on cybersecurity and compliance solutions, behavioral healthcare solutions in EMEA, and digital-first healthcare solutions for providers [1][1]
Healthcare Triangle, Inc. Signs Definitive Agreement with Teyame AI LLC which is forecasted to generate $38M in incremental NTM Revenue and incremental NTM EBITDA of $5M in addition to expanding its SaaS Footprint in Europe and Latin America
Prnewswire· 2026-01-22 13:10
Core Viewpoint - Healthcare Triangle, Inc. (HCTI) is acquiring Teyame AI LLC and its subsidiaries, enhancing its position in AI-powered customer and patient engagement solutions, with a total consideration of approximately $50 million [1][2]. Financial Impact - The acquired assets generated approximately $32 million in incremental annual revenue and about $3.6 million in incremental EBITDA for fiscal year 2025, indicating a significant potential for enhancing HCTI's financial performance and shareholder value [2]. Strategic Importance - This acquisition marks a pivotal moment in HCTI's transition from a healthcare IT provider to a comprehensive digital innovator, aiming to create an integrated ecosystem that personalizes patient interactions [5][4]. Technological Integration - The integration of AI-powered engagement platforms with HCTI's healthcare technologies is expected to deliver a next-generation intelligent ecosystem for patients and providers, expanding HCTI's SaaS footprint into Europe and Latin America [4][5]. Innovation and Capabilities - The assets include advanced technologies such as chatbot automation, multilingual patient engagement tools, and real-time analytics, which will enhance HCTI's clinical systems and overall service offerings [8][11].
Biotech Stocks Shine After Hours: Novo Nordisk, IDEAYA, Healthcare Triangle Among Gainers
RTTNews· 2025-12-23 04:49
Core Insights - Healthcare and biotechnology stocks experienced significant movements in after-hours trading, with several companies showing strong gains despite limited news flow [1] Company Summaries - Novo Nordisk A/S (NVO) saw a notable increase of 9.48%, closing at $52.66, following FDA approval of its Wegovy pill, the first oral GLP-1 medicine for obesity in the U.S., which is also approved to reduce cardiovascular risks [2] - Neumora Therapeutics, Inc. (NMRA) advanced 16.02% to $2.10, indicating investor interest possibly driven by broader sector momentum or speculative trading, as there were no specific news updates [3] - BioRestorative Therapies, Inc. (BRTX) rose 6.90% to $1.24, with investors reacting to a prior announcement regarding an FDA Type B meeting to discuss a potential accelerated BLA pathway for its BRTX-100 program for chronic lumbar disc disease [4] - RenovoRx, Inc. (RNXT) added 4.44% to close at $0.94, with earlier news of an accepted abstract submission for the ASCO Gastrointestinal Cancers Symposium 2026 contributing to investor interest [5] - IDEAYA Biosciences, Inc. (IDYA) gained 6.49% to $37.81, following the full enrollment of 435 patients in its Phase 2/3 trial for darovasertib, with expected data reporting in Q1 2026 [6] - Healthcare Triangle, Inc. (HCTI) climbed 6.72% to $1.43, with a recent announcement of an Advance Agreement for acquiring AI-powered customer experience firms, enhancing its position in global AI-driven solutions [7] - Alphatec Holdings, Inc. (ATEC) posted a modest gain of 2.80%, rising to $21.28, benefiting from ongoing investor confidence in the spine surgery provider [8]
Healthcare Triangle, Inc. Signs Advance Agreement for the Acquisition of Next-Generation AI Customer Engagement Business, on track to generate $34M in Revenue for FY 2025
Prnewswire· 2025-12-10 12:30
Core Viewpoint - Healthcare Triangle, Inc. is acquiring Teyame AI LLC and its subsidiaries, enhancing its position in AI-powered customer and patient engagement solutions [1][2][3] Financial Overview - The total consideration for the acquisition is expected to be approximately $50 million, comprising cash, common stock, non-voting convertible preferred stock, and contingent earnout-based equity [2] - The acquisition is projected to generate about $34 million in incremental annual revenue and $4.2 million in incremental EBITDA for fiscal year 2025 [3] Strategic Importance - This acquisition marks a significant transition for Healthcare Triangle from a healthcare IT provider to a comprehensive digital health innovator, aiming to enhance financial performance and shareholder value [3] - The integration of AI-powered engagement platforms with existing healthcare technologies is expected to create an intelligent ecosystem for patients and providers [5] Technological Advancements - The acquired assets include advanced AI capabilities such as chatbot automation, multilingual patient engagement tools, and real-time analytics, which will enhance HCTI's clinical systems [8][10] - The transaction aims to leverage Agentic Generative AI to improve operational efficiency and drive innovation in healthcare services [4][10] Market Positioning - The acquisition positions Healthcare Triangle as a global leader in AI-powered customer experience solutions, targeting high-growth international markets [7]
Spartan Capital Securities, LLC Serves as Sales Agent in Healthcare Triangle, Inc.'s $20 Million At-the-Market Offering
Globenewswire· 2025-11-24 21:11
Core Viewpoint - Healthcare Triangle, Inc. has entered into a Sales Agreement with Spartan Capital Securities for an at-the-market offering program, allowing the company to raise up to $20 million through the sale of its common stock [1][2]. Group 1: Sales Agreement Details - The Sales Agreement was executed on November 18, 2025, enabling Healthcare Triangle to offer and sell shares with an aggregate market value of up to $20 million [2]. - Shares may be sold on the Nasdaq Capital Market or other trading venues at prevailing market prices, providing flexible access to capital for the company's operational and financial strategy [2]. Group 2: Company Focus and Support - Healthcare Triangle is focused on strengthening its platform and expanding capabilities in cloud-based healthcare solutions [3]. - Spartan Capital Securities expresses support for Healthcare Triangle through the ATM program, indicating a commitment to the company's capital markets initiatives [3]. Group 3: Regulatory Compliance - The shares offered under the ATM program will be issued pursuant to an effective shelf registration statement previously filed with the U.S. Securities and Exchange Commission [4].
Healthcare Triangle(HCTI) - 2025 Q3 - Quarterly Report
2025-11-13 13:01
Financial Performance - Net revenue for the three months ended September 30, 2025, was $3,489,000, representing a 44.7% increase from $2,413,000 in the same period of 2024[20] - Net revenue for the nine months ended September 30, 2025, reached $10,752,000, up 13.1% from $9,506,000 in the prior year[20] - The company reported a net loss of $1,906,000 for the three months ended September 30, 2025, compared to a net loss of $1,249,000 in the same period of 2024[20] - The company reported a net loss of $(4,973) for the nine months ended September 30, 2025[23] - The total net loss for the nine months ended September 30, 2025, was $4,973,000, compared to a net loss of $4,621,000 for the same period in 2024, indicating a slight increase in losses[123] Assets and Liabilities - Total current assets increased significantly to $7,942,000 as of September 30, 2025, compared to $1,949,000 as of December 31, 2024[18] - Total liabilities decreased to $5,112,000 as of September 30, 2025, down from $7,075,000 as of December 31, 2024[18] - Cash and cash equivalents surged to $1,629,000 as of September 30, 2025, compared to $20,000 as of December 31, 2024[18] - The company’s accumulated deficit increased to $38,520,000 as of September 30, 2025, from $33,571,000 as of December 31, 2024[18] - As of September 30, 2025, the total equity amounted to $8,726, with a net loss of $38,520 for the three months ended[23] Revenue Breakdown - Software services revenue for the nine months ended September 30, 2025, was $6,242,000, reflecting a 107% increase from $3,010,000 in the same period of 2024[120] - Managed services and support revenue decreased by 33% to $4,235,000 for the nine months ended September 30, 2025, down from $6,295,000 in the same period of 2024[120] - Revenue from the top five customers accounted for approximately 56% of total revenue, down from 61% in the same quarter of 2024[67] - Revenue from Software Services increased by $1.20 million, or 155%, to $1.97 million for the quarter ended September 30, 2025, while revenue from Managed Services and Support decreased by $0.19 million, or 12%, to $1.37 million[198] Expenses - Operating expenses for the three months ended September 30, 2025, totaled $3,209,000, an increase from $1,889,000 in the prior year[20] - General and administrative expenses rose to $2,085,000 for the three months ended September 30, 2025, compared to $1,077,000 in the same period of 2024[20] - Advertising and marketing expenses for the three months ended September 30, 2025, were $649,000, compared to $78,000 for the same period in 2024[143] - Research and Development expenses decreased by $0.11 million, or 66%, to $0.05 million for the quarter ended September 30, 2025[190] - Sales and Marketing expenses increased by $0.72 million, or 248%, to $1.02 million for the quarter ended September 30, 2025[191] Cash Flow - Net cash used in operating activities was $9,689,000 for the nine months ended September 30, 2025, a significant increase from $270,000 in the same period of 2024[26] - The company reported a net cash provided by financing activities of $12,587,000, a substantial increase from a net cash used of $936,000 in the prior year[26] - The net increase in cash and cash equivalents for the nine months ended September 30, 2025, was $1.61 million, compared to a decrease of $(1.21) million in 2024[211] Acquisitions and Investments - The company entered into an Asset Transfer Agreement to acquire Niyama Healthcare, Inc. and its 100% equity interest in Ezovion Solutions Private Limited, enhancing its market presence in mental health and hospital information systems[28] - The total consideration for the acquisition of Niyama Healthcare, Inc. is $5,700,000, which includes $1,500,000 in cash and 1,388,041 shares of restricted common stock valued at $3,000,000[72] - The company acquired intangible assets for $1,283,000 during the nine months ended September 30, 2025[26] Stock and Equity - The company issued 3,000 shares to be issued as part of its equity structure[24] - The company issued a convertible note on December 28, 2023, with a principal amount of $2,000,000, resulting in gross proceeds of $1,700,000[111] - As of September 30, 2025, the total issued and outstanding Series A Preferred Stock was 20,000 shares, with super voting rights equivalent to 1,000 votes per share[99] Future Outlook - The Company expects future profit margins to increase materially as new contracts are negotiated at higher margins[174] - Research and development expenses are expected to increase in absolute dollars as the Company focuses on developing new product offerings[176] - Sales and marketing expenses are anticipated to continue increasing as the Company strategically invests to expand its business[178] - The Company aims to enhance its customer base by encouraging existing customers to deploy additional solutions and attracting new customers[164]