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STUART, Fla. , Dec. 24, 2024 /PRNewswire/ -- Health In Tech, an Insurtech platform company backed by third-party AI technology, today announced the closing of its initial public offering of 2,300,000 shares of its Class A common stock at a public offering price of $4.00 per share, for gross proceeds of $9,200,000 , before deducting underwriting discounts, commissions, and estimated offering expenses. The Company has granted the underwriter an option, exercisable within 30 days from the date of the final prospectus, to purchase an additional 345,000 shares of Class A common stock from Health In Tech at the initial public offering price, less underwriting discounts and commissions. Assuming such option is fully exercised, the Company may raise a total of approximately US$10,580,000 in gross proceeds from the Offering Health In Tech intends to use the net proceeds from the offering for system enhancements, expansion of service offerings, sales and distribution channels, talent development and retention, working capital, and other general corporate purposes. American Trust Investment Services, Inc. acted as the sole book-running manager for the offering. A registration statement on Form S-1 (File No. 333-281853) relating to the shares was filed with the Securities and Exchange Commission and became effective on December 19, 2024 . This offering was made only by means of a prospectus, forming part of the effective registration statement. A copy of the prospectus relating to the offering can be obtained when available, by contacting American Trust Investment Services, Inc., 230 W. Monroe Street , Suite 300, Chicago, IL 60606, or via E-Mail at ECM@amtruinvest.com. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of any securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About Health In Tech Health in Tech ("HIT") is an Insurtech platform company backed by third-party AI technology. We offer a dynamic marketplace designed to create customized healthcare plan solutions while streamlining processes through vertical integration, process simplification, and automation. By eliminating friction and complexities, HIT enhances value propositions for employers and optimizes underwriting, sales, and service workflows for Managing General Underwriters (MGUs), insurance carriers, licensed brokers, and Third-Party Administrators (TPAs). Learn more at healthintech.com . Forward-Looking Statements Regarding Health In Tech Certain statements in this press release are forward-looking statements for purposes of the safe harbor provisions under the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements may include estimates or expectations about Health In Tech's possible or assumed operational results, financial condition, business strategies and plans, market opportunities, competitive position, industry environment, and potential growth opportunities. In some cases, forward-looking statements can be identified by terms such as "may," "will," "should," "design," "target," "aim," "hope," "expect," "could," "intend," "plan," "anticipate," "estimate," "believe," "continue," "predict," "project," "potential," "goal," or other words that convey the uncertainty of future events or outcomes. These statements relate to future events or to Health In Tech's future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause Health In Tech's actual results, levels of activity, performance, or achievements to be different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements because they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond Health In Tech's control and which could, and likely will, affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects Health In Tech's current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to Health In Tech's operations, results of operations, growth strategy and liquidity. Investor Contact Investor Relations: ir@healthintech.com View original content to download multimedia: https://www.prnewswire.com/news-releases/health-in-tech-announces-closing-of-initial-public-offering-302338923.html SOURCE Health In Tech

Golden State Warriors superstar Stephen Curry reflected on his impact surrounding the increased three-point shooting in the NBA over the past few years. "I don't think you want me to answer that question because it's now the talk of the talk of how everybody shooting threes," Curry said during a Tuesday appearance on ESPN's NBA Today. "I love it personally, because it's if you think about just yeah, the sheer numbers of it, but how you create threes and the beauty in the game, like, everybody does it just a little bit differently. It's new, and a lot of people have a little different viewpoint on it, but for me, like, it is cool to kind of have seen the evolution of it." The 10-time All-Star also gave his thoughts on the criticism of teams attempting more long-range shots each night. "I mean, everybody has their opinion," Curry said. "It's not like I can go out and do a 360 windmill and, you know, drive down the lane and dunk on somebody. So for me, like, I'm never gonna fight three-point shots. That's just, you know, how I see the game, it's how I've seen the game forever. But like everybody has a different viewpoint and certain skill sets that start coming to the league. You see how many bigs are dominating, you know, down on the post and it's like a kind of either extreme. And the cool part, like defenses adjust, and it just takes time for that to happen. So, we'll see, you know, what how it goes. But I'm going to keep shooting threes, so don't worry about that." This article will be updated soon to provide more information and analysis. For more from Bleacher Report on this topic and from around the sports world, check out our B/R app , homepage and social feeds—including Twitter , Instagram , Facebook and TikTok .NEW YORK — Stocks closed higher on Wall Street as the market posted its fifth straight gain and the Dow Jones industrial average notched another record high. The Standard & Poor’s 500 rose 0.3%. The benchmark index’s 1.7% gain for the week erased most of its loss from last week. The Dow rose 1% and nudged past its most recent high set last week, and the Nasdaq composite rose 0.2%. Markets have been volatile over the last few weeks, losing ground in the run-up to elections in November, then surging after Donald Trump’s victory, before falling again. The S&P 500 has been steadily rising throughout this week to within close range of its record. It’s now within about 0.5% of its all-time high set last week. “Overall, market behavior has normalized following an intense few weeks,” Mark Hackett, chief of investment research at Nationwide, said in a statement. Several retailers jumped after giving Wall Street encouraging financial updates. Gap soared 12.8% after handily beating analysts’ third-quarter earnings and revenue expectations, while raising its own revenue forecast for the year. Discount retailer Ross Stores rose 2.2% after raising its earnings forecast for the year. EchoStar fell 2.8% after DirecTV called off its purchase of that company’s Dish Network unit. Smaller-company stocks had some of the biggest gains. The Russell 2000 index rose 1.8%. A majority of stocks in the S&P 500 gained ground, but those gains were kept in check by slumps for several big technology companies. Nvidia fell 3.2%. Its pricey valuation makes it among the heaviest factors in whether the broader market gains or loses ground. The company has grown into a nearly $3.6-trillion behemoth because of demand for its chips used in artificial intelligence technology. Intuit, which makes TurboTax and other accounting software, fell 5.7%. It gave investors a quarterly earnings forecast that fell short of analysts’ expectations. Facebook owner Meta Platforms fell 0.7% after a decision by the Supreme Court to allow a multibillion-dollar class-action investor lawsuit to proceed against the company. It stems from the privacy scandal involving the political consulting firm Cambridge Analytica. All told, the S&P 500 rose 20.63 points to 5,969.34. The Dow climbed 426.16 points to 44,296.51, and the Nasdaq picked up 42.65 points to close at 2,406.67. European markets closed mostly higher and Asian markets ended mixed. Crude oil prices rose. Treasury yields held relatively steady in the bond market. The yield on the 10-year Treasury fell to 4.41% from 4.42% late Thursday. In the crypto market, bitcoin hovered around $99,000, according to CoinDesk. It has more than doubled this year and first surpassed the $99,000 level on Thursday. Retailers remained a big focus for investors this week amid close scrutiny of consumer spending habits heading into the holiday shopping season. Walmart, the nation’s largest retailer, reported a quarter of strong sales and gave investors an encouraging financial forecast. Target, though, reported weaker earnings than analysts expected and its forecast disappointed Wall Street. Consumer spending has fueled economic growth, despite a persistent squeeze from inflation and high borrowing costs. Inflation has been easing and the Federal Reserve has started trimming its benchmark interest rate. That is likely to help relieve pressure on consumers, but any major shift in spending could prompt the Fed to reassess its path ahead on interest rates. Also, any big reversals on the rate of inflation could curtail spending. Consumer sentiment remains strong, according to the University of Michigan’s consumer sentiment index. It revised its latest figure for November to 71.8 from an initial reading of 73 earlier this month, though economists expected a slight increase. It’s still up from 70.5 in October. The survey also showed that consumers’ inflation expectations for the year ahead fell slightly to 2.6%, which is the lowest reading since December of 2020. Wall Street will get another update on how consumers feel when the Conference Board, a business group, releases its monthly consumer confidence survey on Tuesday. A key inflation update will come on Wednesday when the U.S. releases its October personal consumption expenditures index. The PCE is the Fed’s preferred measure of inflation, and this will be the last PCE reading before the central bank’s meeting in December. Troise and Veiga write for the Associated Press.None

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Anxiety about money, gun violence and hate crimes ranked high on list of American's concerns Limiting your news consumption may help ease stress and anxiety More than before, Americans surveyed say they'll make mental health resolutions for 2025 FRIDAY, Dec. 27, 2024 (HealthDay News) -- Should you cut back on doom scrolling in 2025? Worries about money, gun violence and hate crimes ranked high among many people's lists of worries at the end of 2024, according to a poll that is part of American Psychiatric Association (APA) Healthy Minds Monthly opinion poll series. The survey included 2200 U.S. adults. Reducing news consumption may be beneficial for your mental health , experts say. "If current events seem overwhelming it may be time to limit your news consumption,” Dr. Marketa Wills , medical director of the APA, said. “While we like to stay informed, the news can also impact our mental health, and being mindful of that impact is important," Wells said in a news release. According to the APA's research, American adults have remained most anxious about the economy and gun violence throughout 2024. Looking ahead to 2025, more than 1/3 of Americans surveyed (33%) say they will make mental health-related New Year’s resolutions, which is a 5% increase from last year. In fact, the increase is the highest result the APA has collected since it began asking the question in 2021. As usual, many people report that they will pledge to be more physically active in 2025; other resolutions focus on participating in mentally healthy activities. Spend more time in nature (46%) Meditation (44%) Focus on spirituality (37%) Take a social media break (30%) Journaling (29%) “A new year brings with it new opportunities but also renewed concerns about the very important issues that impact our lives,” Wills said, adding that “any time of the year, mental health matters. Staying mindful of how we’re doing while taking active steps to care for ourselves is a terrific resolution.” More information The Centers for Disease Control (CDC) has more on stress and anxiety management. SOURCE: American Psychiatric Association (APA), news release, Dec. 13, 2024; APA, press release, Dec. 18, 2024 If you make resolutions, consider starting or re-starting a practice that will nurture your mental health, such as meditating or taking a break from social media.