Health In Tech Announces $7.0 Million Private Placement
Health In Tech, Inc. - Class A (HIT)
Company Research
Source: PR Newswire
STUART, Fla., March 25, 2026 /PRNewswire/ -- Health In Tech, Inc. (Nasdaq: HIT) ("Health In Tech" or the "Company"), an AI-enabled InsurTech platform company, today announced that it has entered into a securities purchase agreement for a private investment in public equity financing (the "PIPE") that is expected to result in gross proceeds of approximately $7.0 million before deducting placement agent fees and offering expenses. The PIPE is expected to close on or about March 27, 2026, subject to the satisfaction of customary closing conditions.Pursuant to the terms of the securities purchase agreement, at the closing of the PIPE, Health In Tech will issue an aggregate of 5,600,000 shares of Class A common stock at a price of $1.25 per share.Craig-Hallum Capital Group LLC acted as the sole placement agent for the PIPE.The Company intends to use the net proceeds from the PIPE to expand sales distribution, advance technology development, support new product development, and for general
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News
- Health In Tech, Inc. (HIT) Q4 2025 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Health In Tech Q4 Earnings Call Highlights [Yahoo! Finance]Yahoo! Finance
- Health In Tech Announces $7.0 Million Private Placement [Yahoo! Finance]Yahoo! Finance
- Health In Tech Announces Fourth Quarter and Full Year 2025 Financial Results [Yahoo! Finance]Yahoo! Finance
- Health In Tech Announces Fourth Quarter and Full Year 2025 Financial ResultsPR Newswire
HIT
Earnings
- 3/25/26 - In-Line
HIT
Sec Filings
- 3/25/26 - Form 10-K
- 3/25/26 - Form 8-K
- 2/25/26 - Form 3
- HIT's page on the SEC website