Health In Tech (HIT) Registration filing summary

Company overview and business model

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

• Provides a marketplace for insurance companies to list stop-loss policy options for self-funded benefits plans, enabling brokers to customize and sell plans online.

• Focuses on simplifying underwriting, sales, and service for insurance companies, brokers, MGUs, and TPAs, with bindable quotes produced in about two minutes.

• Founded in 2021 in Nevada, with headquarters in Florida and several wholly owned subsidiaries.

Financial performance and metrics

• As of June 26, 2026, public float of Class A Common Stock was approximately $32.3 million, with 53,858,083 shares outstanding.

• No revenue generated from the HI Card platform in fiscal year ended December 31, 2025; development of HI Card is paused and planned to resume in 2026.

• Audited financial statements for 2024 and 2025 received unqualified opinions from MaloneBailey LLP.

Use of proceeds and capital allocation

• Net proceeds from securities sales will be used for general corporate purposes, including working capital, capital expenditures, R&D, and acquisitions.

• Management retains broad discretion over allocation of proceeds, which may vary based on business needs and opportunities.