Health In Tech, Inc. Announces Pricing of Initial Public Offering
STUART, Fla., Dec. 20, 2024 /PRNewswire/ -- Health In Tech, Inc., an Insurtech platform company backed by third-party AI technology, today announced the pricing of its initial public offering of 2,300,000 shares of its Class A common stock, at a public offering price of $4.00 per share. In addition, Health In Tech has granted the underwriter a 30-day option to purchase up to an additional 345,000 shares of its Class A common stock at the initial public offering price, less underwriting discounts and commissions. The shares are expected to begin trading on the Nasdaq Capital Market on December 23, 2024, under the ticker symbol "HIT". The offering is expected to close on December 24, 2024, subject to customary closing conditions.
INVESTOR RELATIONS
To change the non-transparent $4.5 trillion healthcare industry with innovation that removes friction and complexities with vertical integration, process simplification, automation, and digitalization.
A-Z Solutions that Power Up Your Health Plan
Health In Tech (“HIT”) is an Insurtech platform company backed by third-party AI technology. We offer a dynamic marketplace designed to create customized healthcare plan solutions while streamlining processes through vertical integration, process simplification, and automation. By eliminating friction and complexities, HIT enhances value propositions for employers and optimizes underwriting, sales, and service workflows for Managing General Underwriters (MGUs), insurance carriers, licensed brokers, and Third-Party Administrators (TPAs).
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