Health In Tech completes IPO of 2.3M shares at $4.00, raising $9.2M gross

Health In Tech, Inc.

Priced IPO of 2,300,000 Class A shares at $4.00 per share on Dec 20, 2024.
Gross proceeds $9.2M, net proceeds approx. $7.27M after underwriting discounts and expenses.
Shares began trading on Nasdaq Capital Market under ticker HIT on Dec 23, 2024.
Underwriter granted 30-day option to purchase up to 345,000 additional shares.
Net proceeds to fund system enhancements, business expansion, sales, talent, and working capital.

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