Healthcare Integrated Technologies Inc. Successfully Raises $10 million in Friends & Family Funding
Healthcare Integrated Technologies (OTC PINK: HITC) has successfully raised $10 million through a Friends & Family funding round. The capital raise is part of the company's strategic growth initiatives and efforts to meet the listing requirements for the NYSE American stock exchange.
The company is working towards meeting the Board's Standard 3 requirement, including achieving a minimum $2.00 per share stock price. CEO Scott Boruff emphasized that an uplisting would enhance shareholder value by increasing visibility, improving liquidity, and expanding access to capital markets through institutional investors.
Healthcare Integrated Technologies (OTC PINK: HITC) ha raccolto con successo 10 milioni di dollari attraverso un round di finanziamento per amici e familiari. Questa raccolta di capitali fa parte delle iniziative strategiche di crescita dell'azienda e degli sforzi per soddisfare i requisiti di quotazione per il mercato azionario NYSE American.
L'azienda sta lavorando per soddisfare il requisito Standard 3 del Consiglio, inclusa l'ottenimento di un prezzo minimo delle azioni di 2,00 dollari per azione. Il CEO Scott Boruff ha sottolineato che una quotazione superiore aumenterebbe il valore per gli azionisti migliorando la visibilità, aumentando la liquidità e ampliando l'accesso ai mercati di capitali attraverso investitori istituzionali.
Healthcare Integrated Technologies (OTC PINK: HITC) ha recaudado con éxito 10 millones de dólares a través de una ronda de financiación de Amigos y Familia. Esta recaudación de capital es parte de las iniciativas estratégicas de crecimiento de la empresa y de los esfuerzos para cumplir con los requisitos de cotización para el mercado de valores NYSE American.
La empresa está trabajando para cumplir con el requisito Estándar 3 de la Junta, que incluye alcanzar un precio mínimo de 2,00 dólares por acción. El CEO Scott Boruff enfatizó que una cotización superior aumentaría el valor para los accionistas al mejorar la visibilidad, aumentar la liquidez y ampliar el acceso a los mercados de capital a través de inversores institucionales.
Healthcare Integrated Technologies (OTC PINK: HITC)는 친구 및 가족 자금 조달 라운드를 통해 1천만 달러를 성공적으로 모금했습니다. 이 자본 조달은 회사의 전략적 성장 이니셔티브의 일환이며 NYSE American 주식 거래소의 상장 요건을 충족하기 위한 노력의 일부분입니다.
회사는 이사회 기준 3 요구 사항을 충족하기 위해 노력하고 있으며, 여기에는 최소 주당 2.00달러의 주가 달성이 포함됩니다. CEO 스콧 보러프는 상장 전환이 가시성을 높이고 유동성을 개선하며 기관 투자자를 통한 자본 시장 접근을 확장하여 주주 가치를 향상시킬 것이라고 강조했습니다.
Healthcare Integrated Technologies (OTC PINK: HITC) a réussi à lever 10 millions de dollars grâce à un tour de financement auprès d'amis et de la famille. Cette levée de fonds fait partie des initiatives stratégiques de croissance de l'entreprise et des efforts pour répondre aux exigences de cotation de la bourse NYSE American.
L'entreprise travaille à répondre à l'exigence Standard 3 du Conseil, y compris l'atteinte d'un prix minimum de 2,00 dollars par action. Le PDG Scott Boruff a souligné qu'une montée en bourse augmenterait la valeur pour les actionnaires en améliorant la visibilité, en augmentant la liquidité et en élargissant l'accès aux marchés de capitaux par le biais d'investisseurs institutionnels.
Healthcare Integrated Technologies (OTC PINK: HITC) hat erfolgreich 10 Millionen Dollar über eine Finanzierungsrunde für Freunde und Familie gesammelt. Diese Kapitalbeschaffung ist Teil der strategischen Wachstumsinitiativen des Unternehmens und der Bemühungen, die Zulassungsvoraussetzungen für die NYSE American Börse zu erfüllen.
Das Unternehmen arbeitet daran, die Standard 3-Anforderung des Vorstands zu erfüllen, einschließlich der Erreichung eines Mindestpreises von 2,00 Dollar pro Aktie. CEO Scott Boruff betonte, dass eine Auflistung den Aktionärswert steigern würde, indem sie die Sichtbarkeit erhöht, die Liquidität verbessert und den Zugang zu den Kapitalmärkten durch institutionelle Investoren erweitert.
- Successfully raised $10 million in capital
- Progress towards NYSE American uplisting requirements
- Potential for improved stock liquidity and institutional investor access
- Currently trading below $2.00 minimum share price requirement
- No guarantee of successful NYSE American uplisting
Knoxville, TN, March 14, 2025 (GLOBE NEWSWIRE) -- Healthcare Integrated Technologies Inc. (OTC PINK: HITC), a global leader in AI-driven safety and monitoring solutions, proudly announces the successful completion of a
The capital raise strengthens the Company’s financial position and supports its ongoing expansion efforts. The Company has been diligently working towards meeting the requirements for an uplisting to the NYSE American, including the minimum
Mr. Scott Boruff, CEO of Healthcare Integrated Technologies Inc. stated: “This funding is a significant step forward as we continue to execute on our growth strategy and work toward a potential uplisting to the NYSE American. An uplisting would enhance shareholder value by increasing visibility, improving liquidity and expanding access to the capital markets via institutional investors.”
The Company will continue providing updates as it progresses toward meeting all necessary requirements for an NYSE American listing.
About Healthcare Integrated Technologies Inc.
Healthcare Integrated Technologies Inc. is a publicly traded, fully reporting audited company specializing in ambient AI technology solutions, dedicated to enhancing safety and security across various sectors, including healthcare, education, transportation, manufacturing, incarceration, and commercial industries. The Company’s mission is to help save lives worldwide by developing advanced AI technologies designed to enhance situational awareness and mitigate risks in critical environments. The Company is currently marketing five products and solutions, including its initial product, SafeSpace® Fall Monitoring, which utilizes advanced AI monitoring tools to enhance resident safety in senior living, reduce the risk of injuries, and improve overall care efficiency. Additionally, the Company has expanded its services and offerings beyond senior living facilities, into schools and transportation where its has recently launched several innovative solutions.
For more information, visit www.gethitc.com or contact HITC’s media team at contact@gethitc.com.
Media Contact:
Justin Freishtat
Healthcare Integrated Technologies Inc.
Email: justin.freishtat@gethitc.com
Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are subject to uncertainty and may not come to fruition. Readers are cautioned not to place undue reliance on any forward-looking statement including statements that list numbers and dates.
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FAQ
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