Health In Tech, Inc.’s Quiet Period To Expire Tomorrow (NASDAQ:HIT)

Health In Tech’s (NASDAQ:HIT) quiet period is set to expire on Monday, February 3rd. Health In Tech had issued 2,300,000 shares in its IPO on December 23rd. The total size of the offering was $9,200,000 based on an initial share price of $4.00. During the company’s quiet period, underwriters and any insiders that worked on the IPO are restricted from issuing any earnings forecasts or research reports for the company because of SEC regulations. Following the end of the company’s quiet period, it’s expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.

Health In Tech Stock Performance

NASDAQ HIT opened at $5.52 on Friday. Health In Tech has a twelve month low of $4.82 and a twelve month high of $7.12.

About Health In Tech

Our Mission To change the non-transparent $4.5 trillion(1) healthcare industry with innovation that removes friction and complexities with vertical integration, process simplification, automation, and digitalization. Health in Tech (“HIT”) is an insurance technology platform company, which offers a marketplace that aims to improve processes in the healthcare industry through vertical integration, process simplification, and automation.