Healthcare Integrated Technologies Inc. (OTC PINK: HITC), a global leader in AI-driven safety and monitoring solutions, has successfully raised $10 million as part of its ongoing strategic growth initiatives. This capital raise strengthens the company’s financial position and supports its goal of meeting the NYSE American stock exchange listing requirements.
Healthcare Integrated Technologies Inc. is a publicly traded, fully reporting company specializing in AI-driven safety and security technologies. The company’s mission is to save lives worldwide by developing innovative AI solutions designed to enhance situational awareness and mitigate risks in critical environments.
The company currently offers five AI-powered products, including its flagship SafeSpace® Fall Monitoring system, which is specifically designed to enhance resident safety in senior living communities. Beyond senior care, the company has expanded its focus to schools, healthcare, transportation, and commercial industries, launching several innovative AI-driven safety solutions.
With a strong leadership team and a clear growth strategy, Healthcare Integrated Technologies Inc. is committed to transforming the safety and monitoring landscape through cutting-edge AI technology.
The funding round represents a significant milestone for Healthcare Integrated Technologies Inc. as it works towards uplisting to NYSE American. The company is actively working to satisfy the Board’s Standard 3 requirement, which includes achieving a minimum $2.00 per share stock price.
CEO Scott Boruff Highlights the Significance of the Capital Raise
CEO Scott Boruff expressed confidence in the company’s trajectory, emphasizing the importance of this funding in advancing its strategic objectives.
“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 remains committed to keeping shareholders and stakeholders informed as it progresses toward fulfilling the necessary NYSE American listing criteria.
Expanding AI-Driven Safety Solutions Across Multiple Sectors
Healthcare Integrated Technologies Inc. specializes in AI-powered safety and security solutions designed to enhance situational awareness and mitigate risks in critical environments. While the company initially focused on senior living safety, it has since expanded its offerings to include solutions for:
- Healthcare Facilities – Advanced AI-powered monitoring systems to enhance patient safety and operational efficiency.
- Education & Schools – AI-driven security and monitoring solutions to create safer learning environments.
- Transportation – AI-integrated solutions for enhanced safety and risk prevention in public and private transportation sectors.
- Manufacturing & Industrial Facilities – Real-time monitoring tools to improve workplace safety and reduce accidents.
- Incarceration & Correctional Facilities – AI technology designed to enhance security and prevent incidents in detention centers.
- Commercial & Enterprise Security – AI-based risk mitigation solutions for corporate and commercial properties.
Flagship AI Product: SafeSpace® Fall Monitoring
One of the company’s flagship products, SafeSpace® Fall Monitoring, is a cutting-edge AI-powered monitoring solution designed to enhance resident safety in senior living communities. By utilizing advanced AI-driven sensors, SafeSpace® can:
- Detect falls and other safety risks in real time.
- Reduce response times and prevent injuries.
- Improve overall care efficiency for healthcare providers and caregivers.
With falls being one of the leading causes of injuries among seniors, SafeSpace® Fall Monitoring aims to revolutionize senior care safety while reducing healthcare costs associated with fall-related injuries.
Positioning for Future Growth and Market Expansion
The $10 million capital raise will allow Healthcare Integrated Technologies Inc. to further invest in product development, market expansion, and strategic partnerships. This aligns with the company’s mission to deliver cutting-edge AI-driven safety solutions globally.
By positioning itself as a leader in AI-powered risk mitigation, the company aims to drive growth across multiple industries, helping organizations enhance security and efficiency with state-of-the-art AI monitoring solutions.
Path to Uplisting: NYSE American Requirements & Next Steps
Healthcare Integrated Technologies Inc. is actively working to meet the requirements for an uplisting to NYSE American. This transition would offer several key benefits to shareholders and investors:
- Increased Visibility – Being listed on a major stock exchange enhances brand credibility and investor confidence.
- Improved Liquidity – A NYSE American listing would provide easier access to institutional investors and a larger trading volume.
- Access to Capital Markets – An uplisting opens the door to new funding opportunities, enabling the company to accelerate research, development, and market expansion.
The company will continue providing regular updates on its progress toward meeting all NYSE American listing requirements and achieving its long-term growth goals
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