, /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 per share, for gross proceeds of , 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 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 . 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. , Suite 300, 60606, or via E-Mail at 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. 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 . 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 Relations: View original content to download multimedia: SOURCE Health In TechBluesky finds with growth comes growing pains — and botsNRL 2024: Every club’s Christmas wish for 2025 season, analysis, what teams need to improve, Michael Maguire, Brisbane Broncos, Kalyn Ponga, Newcastle Knights, Addin Fonua-Blake, Sharks
The American experiment can be summed up in one big idea: Don’t put too much power in one place. That is why the federal government has three branches — executive, legislative and judicial. Unfortunately, the modern presidency undermines that separation of powers and concentrates as much power as possible in itself. The best thing President Joe Biden can do as he leaves office is to cut the presidency back down to size. Presidential scholar Gene Healy says the public imagines the president as “a combination of guardian angel, shaman and supreme warlord of the earth.” People expect the president to say healing words at every tragedy cure diseases, manage business cycles and fight injustice worldwide. He is supposed to create millions of jobs and reimagine entire industries. No human being can meet those expectations. No wonder presidents often leave office deeply unpopular. As Biden experiences the downside of this cycle, his parting legacy could be a legitimate effort to restore the presidency and break this unpopularity curse. Biden did the same thing most presidents do: He gave himself more power. That meant more spending and regulations, which didn’t solve problems. The national debt is more than $36 trillion. Inflation is still too high, and annual regulatory burdens are now more than $15,000 per household, according to a report by my organization, the Competitive Enterprise Institute. Biden would win the lasting respect of the people with a bold parting gesture: returning legislating powers back to Congress. The executive branch now does most of the legislating. Congress passed 65 bills in 2023, but executive branch agencies issued 2,018 regulations. Additional executive branch edicts comes from utterances from regulatory agencies: guidance documents, notices and news releases. The regulatory system is opaque, expensive and counterproductive. Congress’ lack of involvement is part of the reason. Biden should return judiciary powers to courts. More than 40 regulatory agencies have their in-house court systems called administrative courts that operate outside the proper judicial branch. These agencies select their judges and pay their salaries. They set the rules for procedure and evidence and, perhaps not surprisingly, stack the deck in their favor. In these in-house agency courts, the government wins 90% of the time, compared with only about 60% of cases in regular courts. That is what it looks like when the president takes over other branches’ powers. We have checks and balances for good reason. They prevent abuse of power. Where there isn’t abuse, there is incompetence. Washington can’t even build what a bill might require because the regulatory permits and environmental reviews can take years to finish before a shovel breaks ground. Another problem is mission creep. Executive branch agencies may start with a clear purpose but can’t resist expanding those missions. Biden initiated a “whole of government” management philosophy. That meant the Federal Reserve was tasked with slowing climate change and the Environment Protection Agency with addressing economic inequality, for example. Neither agency is suited to those new tasks. Realistically, Biden won’t want to lose face by acknowledging this was a bad idea. So forcing agencies to stick to their original missions must be left to the Trump administration. Still, Biden should encourage people to expect less from their politicians. This cultural shift will take far more than a speech, but it must start somewhere. It might as well be now. The more power a president has, the more damage he can do. Each party warns about this when the other side takes power, but neither does anything about it. The least-followed rule in politics is not giving yourself any power you don’t want your opponents to have. Trump’s rhetoric on executive power is even grander than Biden’s. He has made it plain that he will use his powers to raise import taxes, go after political opponents, pressure the Federal Reserve to loosen monetary policy and grow federal debt even more. Here is a novel idea: Triumphing Roman generals traditionally had a slave stand behind them on parade who whispered into the general’s ear that he was a man, not a god. U.S. presidents could use a similar aide. So, too, could the public. Young is a senior economist at the Competitive Enterprise Institute. He wrote this for InsideSources.com . Be the first to know Get local news delivered to your inbox!Deputy Prime Minister and PAP chairman Heng Swee Keat speaking at the two-day biennial PAP awards and conference on Nov 23. SINGAPORE – The People’s Action Party (PAP) must continue to represent all Singaporeans, even as it deepens its connection with a new generation of voters, said Deputy Prime Minister Heng Swee Keat. While the party has continued to make good progress in uplifting Singaporeans and advancing the nation’s interests, the challenges ahead mean it needs to strengthen the country’s cohesion and bring all Singaporeans together, said DPM Heng at the opening evening of the two-day biennial PAP Awards and Conference. DPM Heng, who is PAP chairman, also urged PAP members to rally the people’s support in order to earn a strong mandate in the coming general election, due by November 2025. Speaking to more than 3,000 party activists gathered at Singapore Expo, DPM Heng said the PAP is proud to celebrate its 70th anniversary this year. “Against the odds facing a small, fledging nation, we secured water, food, jobs, housing, and quality education for our people,” he said. “In the crucible of nation building, we forged a deep trust with fellow Singaporeans.” He also paid tribute to outgoing party secretary-general and Senior Minister Lee Hsien Loong, who handed over the premiership to Prime Minister Lawrence Wong in May. SM Lee’s contributions include leading Singapore’s development into a smart nation and a global city that connects Asia with the rest of the world, said DPM Heng. An appreciation gift is presented to outgoing party secretary-general and Senior Minister Lee Hsien Loong (third from left) at the PAP awards on Nov 23. ST PHOTO: SHINTARO TAY However, the world is changing rapidly due to big power contestation, technological disruption, ageing populations and climate change, he added. “People around the world are stressed over bread-and-butter issues like the cost of living, jobs and immigration,” he said. The PAP has responded with an exercise to refresh itself, led by Prime Minister Lawrence Wong with input from over 2,300 activists and partners. “The message is clear: The PAP must continue to represent all Singaporeans – even as we deepen our connection with the new generation of voters, he said. Other ways that the party has responded to ground concerns in the past year include the launch of two party groups on mental health and climate action, he added. Meanwhile, the PAP’s Women’s Wing continued to champion women’s health and development, and the PAP Seniors Group introduced a playbook to strengthen community support for seniors, noted DPM Heng. Its Malay Affairs Bureau has also advocated for the evolving needs and concerns of the Malay/Muslim community, he added. DPM Heng said many of his foreign counterparts have expressed their admiration for Singapore’s ability to solve critical problems and make plans for the future. “But with the more challenging external environment, we must continue to work hard, work smart, and rise to the challenges ahead,” he added. “The starting point is to strengthen our internal cohesion, and bring all Singaporeans together to chart our future.” At the event, DPM Heng urged party members to support PM Wong - who is deputy secretary-general of the PAP - in rallying fellow Singaporeans in taking the country forward. With a strong mandate at the coming election, the PAP can take Singapore forward together, he added. “Let us live up to our name as a party of action, by Singaporeans for Singaporeans. Let us build a Singapore of hope and opportunity for our children and the generations to come,” he said. In short remarks after he was feted, SM Lee said: “I wish the party all the best, and I think we all have to work hard. There’s a general election coming next year.” On Nov 24, PAP cadres will elect 12 members to form the party’s 38th Central Executive Committee (CEC) via secret ballot. This will set the stage for PM Wong to take the top party post, and to lead the ruling party in the next GE. Join ST's WhatsApp Channel and get the latest news and must-reads. Read 3 articles and stand to win rewards Spin the wheel now
'It's a competition we will take seriously' - Blues boss Maher previews Brentwood tieSTEPHEN BUNTING is dreaming of a Liverpool clean sweep next year — and hopes to show Mancunians what silverware looks like next month. The Bullet heads into the third round, where he faces Latvia’s Madars Razma, with hopes of a deep run at the PDC World Darts Championship . 2 Stephen Bunting is into the third round of the PDC World Championship Credit: Getty 2 He was the King of Lakeside 11 years ago Credit: Getty Only four men: Dennis Priestley, Phil Taylor, John Part and Raymond van Barneveld have managed to win world titles at PDC and BDO level. That is the challenge bespectacled Bunting faces now, 11 years after he was King of Lakeside. Follow all the action from the World Darts Championship as it happens with SunSport's LIVE blog Should he succeed over the next ten days then the mad-keen Liverpool fan would love to show off the tungsten pot ahead of the Reds’ home game with deadly rivals Manchester United on Sunday January 5. READ MORE ON DARTS BULLY BOY Freddie Flintoff hails his ‘finest sporting achievement’ while hosting Bullseye Especially as Arne Slot’s Premier League leaders are in contention for several trophies this campaign. Bunting , 39, said: “I’d love to do that again. I did that when I won the Lakeside trophy but at that time, I didn’t have a massive fanbase. “I’m walking around the pitch, no one knew who I was, and they’re all singing: ‘There’s only one Phil Taylor’. “If I win this title, everyone will know who I am — and I might even get a couple of people cheering for me. That’s a dream that I can only think about so early in the tournament. Most read in Darts CRASH HORROR Man killed and toddler fighting for life after car smashes into pedestrians OFF THE SHELVES Warning to Scots as Tesco, Aldi & Morrisons recall Xmas dinner favourites AMA NEW MAN Rangers flop finds new club after five months in wilderness and buying COWS LOW BLOW Rangers 'open to transfer offers' for star once targeted by Manchester City “But yeah, that’ll sort of push me through and I’d love to be able to do that. CASINO SPECIAL - BEST CASINO BONUSES FROM £10 DEPOSITS “I’ll tell you what, to walk on with it against United, that’s a dream come true, isn’t it? “Can you imagine what a world champions’ trophy looks like? I can imagine what the Man United fans would shout at me, though! Freddie Flintoff hails his ‘finest sporting achievement’ after stunning feat while hosting revamped TV classic Bullseye World Darts Championship - top stories READ MORE on all the build-up to the Ally Pally extravaganza... All the info: All the action as it happens in our LIVE BLOG Everything you need to know about the Ally Pally extravaganza How much prize money can be won? What is the format for the tournament? Who are the Sky Sports presenters and pundits ? News, features and interviews: Mardle to take step back after tragic death of wife Donna Emma Paton reveals rise as Queen of Darts Littler loses record to breakthrough star Peter Wright 'lost it' in emotional moment with daughter MVG pays tribute to Wayne Mardle's wife Donna Watch Littler hit 180 as Bullseye makes return to TV Commentator stunned with player's bizarre routine Nick Kenny bursts into tears after beating Van Barneveld Littler storms into third round with impressive win Littler breaks down in parents arms after emotional win “And I don’t think it’d be: ‘There’s only one Phil Taylor...’” Bunting, who has a huge TikTok following, is good friends with Liverpool’s Irish goalkeeper Caoimhin Kelleher , who is the stand-in whenever No 1 Alisson is not around. The No 8 seed said: “I sent him a set of darts and a shirt the other day. He contacted me about nine months ago. “He wanted a video for his brother, who plays in the lower leagues, because he’s a big fan and they all went on a stag do in Bunting shirts.” Bunting credits the turnaround in his career to embracing hypnotherapy — and winning the Masters last February was evidence of his changed mindset. He has enormous sympathy for fellow St Helens thrower and No 2 seed Michael Smith , the highest seed to exit Ally Pally. Smith, the PDC world champion only two years ago, was bundled out by Kevin Doets in the second round and faces a tough time to reignite his career. Bunting said: “I probably won’t go see him but I’ll send him a message. He knows how good he is. “He probably went home straight after the match. When you lose on that stage, it’s the worst place. And going into Christmas, he’s got a young family as well. “It’s so difficult to go home then and have a great Christmas when you work so hard to get into worlds — and then it’s over in a blink of an eye. “So I can totally understand his disappointment and, thankfully, it’s not me going home and having a bad Christmas. “I totally feel for him. I think my hypnotherapist did reach out to him and his family probably last year. “I don’t know what happened there but it didn’t happen. I’m really happy with my hypnotist. He’s doing fantastic for me. Read more on the Scottish Sun DECEMBRRR Scots blasted with snowfall days before Christmas as storms cause transport chaos FLOOR PHILLER Rangers boss Philippe Clement spotted dancing in popular Glasgow bar “Listen, there’s different things you do. Things like your diet, you look for energy when you’re playing. “Each player is different, so I wouldn’t like to say to players, ‘this is what you need to do’, but listen, learn off the best.” List of all-time Darts World Champions BELOW is a list of Darts world champions by year. The list does not include winners from the pre-Professional Darts Corporation (PDC) era or BDO world champions. That means Raymond van Barneveld, for example, is only listed once - Barney also won four BDO titles - and none of Eric Bristow's five BDO titles are included. 1994 - Dennis Priestley 1995 - Phil Taylor 1996 - Phil Taylor (2) 1997 - Phil Taylor (3) 1998 - Phil Taylor (4) 1999 - Phil Taylor (5) 2000 - Phil Taylor (6) 2001 - Phil Taylor (7) 2002 - Phil Taylor (8) 2003 - John Part 2004 - Phil Taylor (9) 2005 - Phil Taylor (10) 2006 - Phil Taylor (11) 2007 - Raymond van Barneveld 2008 - John Part (2) 2009 - Phil Taylor (12) 2010 - Phil Taylor (13) 2011 - Adrian Lewis 2012 - Adrian Lewis (2) 2013 - Phil Taylor (14) 2014 - Michael van Gerwen 2015 - Gary Anderson 2016 - Gary Anderson (2) 2017 - Michael van Gerwen (2) 2018 - Rob Cross 2019 - Michael van Gerwen (3) 2020 - Peter Wright 2021 - Gerwyn Price 2022 - Peter Wright (2) 2023 - Michael Smith 2024 - Luke Humphries Most World Titles 14 - Phil Taylor 3 - Michael van Gerwen 2 - John Part, Adrian Lewis, Gary Anderson, Peter Wright 1 - Dennis Priestley, Raymond van Barneveld, Rob Cross, Gerwyn Price, Michael Smith, Luke Humphries