Health In Tech (HIT) Registration filing summary

Company overview and business model

• Operates an AI-enabled insurance technology platform streamlining healthcare industry processes through vertical integration, process simplification, and automation.

• Provides a marketplace for brokers, TPAs, MGUs, and carriers to access self-funded health insurance for employers, including customized plans, bindable stop-loss quotes, AI-enabled underwriting, and claims administration.

• Incorporated in Nevada in November 2021, with several wholly owned subsidiaries established between 2013 and 2017.

Risk factors and disclosures

• Will not receive proceeds from the resale of shares by selling stockholders; all proceeds go to the selling stockholders.

• Substantial sales of Class A Common Stock by selling stockholders could adversely affect the market price and increase volatility.

• Certain securityholders acquired shares at prices below current trading price, potentially resulting in differing rates of return for new investors.

• Future issuances of additional shares could result in dilution and further price declines.

Use of proceeds and capital allocation

• No proceeds from this offering will be received; selling stockholders bear their own selling expenses, while the company covers registration and filing costs.