Health In Tech Regains Compliance with Nasdaq's Minimum Bid Price Requirement
Health In Tech (NASDAQ:HIT), an Insurtech platform company, has successfully regained compliance with Nasdaq's minimum bid price requirement. The company's shares maintained a closing bid price of $1.00 or higher for 10 consecutive business days from July 10 to July 23, 2025, meeting Nasdaq's Listing Rule 5550(a)(2) requirements.
Following this achievement, Nasdaq Listing Qualifications Staff has officially notified Health In Tech that they have regained compliance and the matter is now closed.
Health In Tech (NASDAQ:HIT), una piattaforma Insurtech, ha riconquistato con successo la conformit脿 al requisito minimo del prezzo di offerta di Nasdaq. Le azioni della societ脿 hanno mantenuto un prezzo di chiusura di 1,00 $ o superiore per 10 giorni lavorativi consecutivi dal 10 al 23 luglio 2025, soddisfacendo i requisiti della Regola di Quotazione 5550(a)(2) di Nasdaq.
A seguito di questo risultato, il personale delle Qualifiche di Quotazione di Nasdaq ha ufficialmente notificato a Health In Tech di aver ripristinato la conformit脿 e la questione 猫 ora chiusa.
Health In Tech (NASDAQ:HIT), una plataforma Insurtech, ha recuperado con 茅xito el cumplimiento con el requisito m铆nimo del precio de oferta de Nasdaq. Las acciones de la compa帽铆a mantuvieron un precio de cierre de 1,00 $ o m谩s durante 10 d铆as h谩biles consecutivos desde el 10 hasta el 23 de julio de 2025, cumpliendo con los requisitos de la Regla de Cotizaci贸n 5550(a)(2) de Nasdaq.
Tras este logro, el personal de Calificaciones de Cotizaci贸n de Nasdaq notific贸 oficialmente a Health In Tech que ha recuperado el cumplimiento y el asunto est谩 cerrado.
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Health In Tech (NASDAQ:HIT), une entreprise de plateforme Insurtech, a r茅ussi 脿 se conformer 脿 nouveau 脿 l'exigence minimale du prix d'offre de Nasdaq. Les actions de la soci茅t茅 ont maintenu un prix de cl么ture de 1,00 $ ou plus pendant 10 jours ouvrables cons茅cutifs du 10 au 23 juillet 2025, respectant ainsi la r猫gle de cotation 5550(a)(2) de Nasdaq.
Suite 脿 cette r茅ussite, le personnel des qualifications de cotation de Nasdaq a officiellement inform茅 Health In Tech qu'ils avaient retrouv茅 la conformit茅 et que le dossier 茅tait d茅sormais clos.
Health In Tech (NASDAQ:HIT), ein Insurtech-Plattformunternehmen, hat erfolgreich die Einhaltung der Mindestgebotspreisanforderung der Nasdaq wiedererlangt. Die Aktien des Unternehmens hielten vom 10. bis 23. Juli 2025 an 10 aufeinanderfolgenden Handelstagen einen Schlusskurs von 1,00 $ oder h枚her ein und erf眉llten damit die Anforderungen der Nasdaq-Listing-Regel 5550(a)(2).
Nach diesem Erfolg hat das Nasdaq Listing Qualifications Team Health In Tech offiziell mitgeteilt, dass die Einhaltung wiederhergestellt wurde und die Angelegenheit nun abgeschlossen ist.
- Successfully regained Nasdaq listing compliance
- Maintained share price above $1.00 for required period
- Risk of delisting has been eliminated
- Previous trading below $1.00 indicates historical price weakness
Insights
HIT avoids Nasdaq delisting by regaining compliance with the minimum bid price requirement, removing a significant investor risk.
Health In Tech has successfully regained compliance with Nasdaq's minimum bid price requirement, resolving a significant regulatory concern that could have threatened its listing status. The company maintained a closing bid price of at least
This compliance resolution eliminates an existential threat to the company's market presence. When stocks fall below
While regaining compliance is positive, investors should note this development indicates the company was recently trading at distressed price levels. The need to meet this requirement suggests HIT has been facing significant market challenges. The company's ability to sustain compliance will depend on maintaining investor confidence and demonstrating fundamental business improvement, not just temporarily elevating the share price. The press release notably contains no information about operational performance, revenue growth, or strategic initiatives that would provide insight into the company's underlying health beyond this regulatory milestone.
To regain compliance with the Minimum Bid Price Requirement, the Company's common shares were required to maintain a minimum closing bid price of
The closing bid price of the Shares has been at聽
Use of Forward鈥�Looking Statements
Certain statements in this press release are forward-looking statements for purposes of the safe harbor provisions under the
About Health In Tech
Health In Tech (Nasdaq: "HIT") is an Insurtech platform company backed by third-party AI technology, which offers a marketplace that aims to improve processes in the healthcare industry through vertical integration, process simplification, and automation. By removing friction and complexities, we streamline the underwriting, sales and service process for insurance companies, licensed brokers, and TPAs. Learn more at .
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FAQ
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