Healthcare Triangle boosts cushion under Nasdaq’s new $5 million MVLS listing rule
HCTI•Compliance cushion widens under Nasdaq listing rule
The move bolsters compliance with Nasdaq’s newly effective $5 million Market Value of Listed Securities (MVLS) continued-listing requirement. Market value of listed securities stood near $23.87 million on July 28, based on a $1.63 close, widening the cushion.
Shares outstanding rise after legacy deal issuances
Healthcare Triangle issued 12,546,540 shares tied to legacy deals, lifting shares outstanding to 14,644,322.




