Health In Tech, Inc.

Health In Tech, Inc. (HIT) priced its initial public offering on Dec 23, 2024 at $4.00 per share, raising $9.2M, and listed on Nasdaq Capital Market. At the IPO price its market capitalization was about $216.3M. Carlile Patchen & Murphy advised the company and Lewis Brisbois Bisgaard & Smith advised the underwriters.

Health in Tech, Inc. is an insurance technology platform company operating a health insurance marketplace where insurers list stop-loss policy options for self-funded benefit plans. Licensed brokers use it to obtain bindable quotes and sell plans to small businesses.

Status

IPO

Ticker

HIT

Exchange

Nasdaq Capital Market

Priced

Dec 23, 2024

IPO price

$4.00

Raised

$9.2M

Market cap at IPO price

$216.3M

First filed

Aug 30, 2024

Company counsel

Carlile Patchen & Murphy

Underwriters' counsel

Lewis Brisbois Bisgaard & Smith

Sector

Financials

Country / state

FL

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.