Healthcare Triangle plans stock dividend of Teyame AI shares ahead of direct listing.

Healthcare Triangle, Inc. (Nasdaq: HCTI), a healthcare technology company delivering cloud, digital transformation, and data-driven solutions to healthcare and life sciences organizations, has signed a separation agreement with its subsidiary Teyame AI Holdings Inc. in connection with the planned Direct Listing of TeyAME AI Holdings's common stock on NASDAQ. The Board of Directors has approved a stock dividend distribution of a Minority Interest of Outstanding Common Shares of Teytame AI Holding to existing HCTi Shareholders. The transaction is subject to review by the U.S. Securities and Exchange Commission (SEC) and approval by NASDAQ of the Direct Listening.
Publishers
9
Articles
9
Reach
9