Healthcare Integrated Technologies Inc. Attracts $10 Million Funding
Healthcare Integrated Technologies Inc. Secures Significant Funding
Healthcare Integrated Technologies Inc. (OTC PINK: HITC), a renowned leader in AI-driven safety and monitoring solutions, is excited to announce a remarkable achievement: the completion of a $10 million capital raise. This pivotal milestone showcases the company's commitment to its strategic growth initiatives as it prepares for uplisting on the NYSE American stock exchange.
Capital Raising Efforts Enhance Financial Position
The successful funding not only reinforces the company's financial standing but also propels its ongoing expansion efforts. With an eye toward meeting the necessary listing requirements for the NYSE American, Healthcare Integrated Technologies Inc. is focused on achieving a minimum stock price of $2.00 per share as part of its strategic goals.
CEO's Vision for Growth
Scott Boruff, the CEO of Healthcare Integrated Technologies Inc., expressed optimism regarding the funding's implications for growth. "This funding represents a significant leap forward in our growth strategy, pushing us closer to uplisting on the NYSE American. An uplisting is vital for enhancing shareholder value, increasing visibility, and improving liquidity by attracting institutional investors," he stated.
Commitment to Keeping the Public Informed
The company is dedicated to maintaining transparency with its stakeholders as it progresses toward fulfilling all the necessary requirements for the NYSE American listing. Regular updates will be provided to keep the public informed on milestones and achievements along the way.
About Healthcare Integrated Technologies Inc.
Healthcare Integrated Technologies Inc. is a publicly traded company fully reporting and audited, specializing in ambient AI technology solutions aimed at enhancing safety and security across various sectors. These sectors include healthcare, education, transportation, manufacturing, correctional facilities, and commercial industries. The company's core mission is to save lives globally by developing advanced AI technologies that improve situational awareness and lessen risks in critical environments.
Innovative Solutions for Diverse Industries
The company is proud to market a range of five innovative products and solutions, starting with its flagship product, SafeSpace Fall Monitoring. This advanced AI monitoring tool is designed to enhance safety for residents in senior living facilities, minimize the risk of injuries, and increase care efficiency overall. Furthermore, the company has expanded its service offerings beyond just senior living facilities; it now serves schools and transportation sectors, where new innovative solutions have been recently launched to improve safety and security.
Contact Information for Further Inquiries
For additional information, interested parties can visit www.gethitc.com or reach out to the media team at contact@gethitc.com. The media contact for inquiries is Justin Freishtat, reachable via email at justin.freishtat@gethitc.com.
Frequently Asked Questions
What is the main purpose of the $10 million capital raise?
The capital raise is aimed at strengthening the company’s financial position and supporting its growth initiatives, particularly the planned uplisting to the NYSE American.
Who is the CEO of Healthcare Integrated Technologies Inc.?
The CEO is Scott Boruff, who has spoken about the funding's significance for the company's growth strategy and market visibility.
What products does Healthcare Integrated Technologies Inc. offer?
The company offers a range of AI-driven solutions including the SafeSpace Fall Monitoring system, which enhances safety in senior living facilities and has recently expanded into schools and transportation.
How does the company plan to fulfill NYSE listing requirements?
Healthcare Integrated Technologies Inc. is actively working towards meeting all requirements, including maintaining a minimum share price of $2.00 as stipulated by the Board’s Standard 3.
Where can I find more information about Healthcare Integrated Technologies Inc.?
For further details, you can visit their official website at www.gethitc.com.
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