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Health In Tech Announces Closing of Initial Public Offering
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NEW YORK , Dec. 24, 2024 /PRNewswire/ -- Today, the Council for Autism Service Providers (CASP) honored ABA Centers, the nation's fastest growing autism care provider, by partnering to ring the iconic Closing Bell at the New York Stock Exchange together. Lorri Unumb , Chief Executive Officer of CASP; Christopher Barnett , Founder & Chairman of ABA Centers; and his daughter, Madison Mulvey , were the official bell ringers during the 1 pm ceremony, marking an early close of the markets in preparation for the upcoming Christmas holiday. ABA Centers was founded as a testament to a father's love for his daughter, sparked from Mr. Barnett's personal experience attempting to acquire a diagnosis and then quality care for his own child, Ms. Mulvey, who spent years dealing with a misdiagnosis and missing out on the proper treatment that she desperately needed. What Mr. Barnett experienced as the parent of a child on the spectrum – the inadequacies, the lack of services available, and the long wait lists within the autism care system – were simply unacceptable. As a longtime healthcare entrepreneur, Mr. Barnett recognized that he already harnessed the infrastructure to effectuate real change within the autism care industry, so he set out to create a mission-driven organization, where every employee throughout the corporate and clinical teams is dedicated to making a lasting impact in the lives of autistic children and their families. "I hope that the sound waves of this bell ringing transcend the trading floor and serve as a rally call for quick, compassionate, and top quality autism care across our country," remarked Mr. Barnett. "Seeing CASP and ABA Centers on the New York Stock Exchange podium should encourage other decision makers and deal makers alike to find ways in which they can positively impact the autism care industry further because there are millions of children currently languishing on wait lists and missing out on the autism care that they deserve during the most crucial times." In 2024, ABA Centers achieved the following monumental milestones, which served to amplify its commitment to providing every kid in the country with world class autism care: "For mission-driven organizations like CASP and ABA Centers, this bell ringing ceremony offers a platform to amplify our message and highlight the importance of autism care, as well as the challenges faced by the autism community, to a robust and influential audience," stated Mrs. Unumb. Mrs. Unumb and Mr. Barnett were joined on the bell ringing podium by the C-suite of ABA Centers: Jason Barker ; Joseph Heilner ; Kristy Johnson ; Quatiba Davis; Michael Holohan ; Michael Holzum ; Michael Holzum, Jr. ; and Ted Bender ; members of The Christopher M. Barnett Family Foundation: Julie Barnett , Kaitlyn Mulvey , Madison Mulvey , and Kennedy Mulvey ; and Dan Unumb of the Autism Legal Resource Center. About ABA Centers ABA Centers provides applied behavior analysis (ABA) therapy services to children with autism spectrum disorder through a play-based approach rooted in positive reinforcement. The company was designed to disrupt the autism care industry by demolishing wait times traditionally experienced by those in search of a diagnosis or treatment. Its strategically designed behavioral care centers offer the greatest opportunity for growth to young clients and their families. In-home and in-school therapy services are also available to deliver the most impactful continuum of care and to best meet each client's specific needs. In 2024, ABA Centers was named the No. 5 fastest growing private company in America on the Inc. 5000. More information can be found at www.abacenters.com . About the Council of Autism Service Providers Founded in 2016, the Council of Autism Service Providers (CASP) is a non-profit trade association of over 380 autism service provider organizations from all 50 states and multiple countries. It supports members by cultivating, sharing, and advocating for best practices in autism services. From developing clinical practice guidelines for applied behavior analysis to educating legislators about good policy, CASP works every day to ensure individuals with autism receive quality care. Learn more at www.CASProviders.org . View original content to download multimedia: https://www.prnewswire.com/news-releases/the-council-of-autism-service-providers-and-aba-centers-partner-to-ring-closing-bell-at-the-new-york-stock-exchange-302337682.html SOURCE ABA CentersSTUART, Fla. , Dec. 24, 2024 /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 $4.00 per share, for gross proceeds of $9,200,000 , 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 US$10,580,000 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 December 19, 2024 . 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. Monroe Street , Suite 300, Chicago, IL 60606, or via E-Mail at ECM@amtruinvest.com. 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. About Health In Tech 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 healthintech.com . Forward-Looking Statements Regarding Health In Tech 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 Contact Investor Relations: ir@healthintech.com View original content to download multimedia: https://www.prnewswire.com/news-releases/health-in-tech-announces-closing-of-initial-public-offering-302338923.html SOURCE Health In Tech
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UK families of some 240,000 people who died from COVID-19 have hung festive lights on a London wall, a symbol of love, anger and pain ahead of another Christmas overshadowed by loss. As the fifth anniversary of the global pandemic approaches, emotions still run raw across the UK amid lingering accusations that the then government responded too slowly to the crisis. Some 240,000 hearts have been painted by hand on the wall, nestled on the banks of the Thames, opposite the British parliament. Each heart on the 500-meter-long wall represents one of the UK victims of the disease, which shattered and disrupted lives around the globe after being first detected in China in December 2019. "We put up lights every Christmas, just as a way to reflect and remember those people who are not with us," said Kirsten Hackman, 58, whose mother died from COVID in May 2020. "For many of us, there is that empty place at the table this Christmas," she added. The wall is a collective "therapy session," say volunteers. Since 2019 more than seven million people have been reported to have died from COVID worldwide, according to the World Health Organization. But the true toll is believed to be much higher. Thousands of messages written on the hearts on the London wall reveal the depth of the emotional toll and scars left by the pandemic on UK lives. "Mamy, love you forever," reads one, while another says: "Phil, always in my heart". The remembrance wall was originally meant to be temporary, and was constructed without permission in March 2021 in protest at then Prime Minister Boris Johnson's handling of the pandemic. He faced accusations of being too slow to recognize COVID's threat and then taking too long to lock down the country to try to prevent the spread of the highly infectious disease. The wall is an "outpouring of love, anger, rage", Lorelei King, whose husband died of COVID in March 2020, told AFP. The 71-year-old is part of the "Friends of the Wall" group, a dozen volunteers who come every Friday to clean the monument, repaint the rain-washed hearts and rewrite the messages. "It's quite meditative", she said. The group continues to draw new hearts as COVID claims new lives. But on the Friday before Christmas, the volunteers met for another, more joyful mission: to hang lights along the wall. They illuminated them on Monday, and the decorations will remain in place until the beginning of January. Nearly five years after the start of the pandemic, the pain remains the same, said King, adding she was one of many who had not been able to grieve properly. "We weren't able to have a real funeral," due to lockdown rules, she explained, referring to the severe restrictions put in place on visiting loved ones in their dying hours, and then from holding large gatherings to mourn their loss. Instead, she focuses her energy on the wall. "It comforts me. And I don't want the people we care about to be forgotten," said King. "We are all in the same boat", added Michelle Rumball, 53, whose mother died of COVID in April 2020. She was there on the first day that some hearts were painted, following a social media call by activist group Led By Donkeys. Over the next 10 days, hundreds of people who had lost loved ones showed up to add their tribute, despite risking arrest for damaging a listed wall. "I was very angry at that time. It was a demonstration," recalled Rumball. The group is in discussions with the authorities to make the wall, whose upkeep depends on donations, "permanent" and officially recognized, meaning it could be better protected. And a few days before Christmas, they had a "very positive" meeting, King said. According to the WHO, more than 232,000 people have died with COVID in the United Kingdom. By comparison, there have been around 168,000 deaths in France.When you splurge on a luxurious beef tenderloin for the holidays, consider reverse searing as the cooking method. Reverse searing is a foolproof way to respect the integrity of a rich and tender cut of lean meat. While the term may sound intimidating, it’s a straightforward technique that ensures a luscious, evenly pink interior and a browned outer crust. Reverse searing requires a long, slow cook for the meat to reach temperature, followed by a hot sear to finish and brown the exterior. The technique is simple; all you need is a meat thermometer to rely on to gauge doneness. For extra ease, you can have your butcher truss the meat for an even cook. To truss the meat yourself, trim the tenderloin of any fat and silver skin. Fold the narrow end under the filet for even presentation and truss with kitchen string in 1-inch intervals. Begin the night before cooking: Evenly salt the meat. Then refrigerate it overnight, uncovered, to air-dry. The overnight rest allows the salt to penetrate the meat, and air-drying ensures browning when cooking. Let the meat rest at room temperature one hour before roasting. Finish with a sauce of your choice. This recipe includes a rich port wine sauce, worthy of a special meal. Lynda Balslev is a Marin cookbook author, food and travel writer and recipe developer. Reverse Seared Beef Tenderloin With Port Wine Sauce Serves 4 to 6 Ingredients 1 center-cut beef tenderloin, 2 to 3 pounds Kosher salt 3 tablespoons unsalted butter, divided, plus 2 tablespoons chilled unsalted butter 1 shallot, chopped, about 1/4 cup 1 large garlic clove, chopped 2 cups beef stock 1 cup ruby port wine 1 cup full-bodied red wine 2 rosemary sprigs 2 teaspoons balsamic vinegar 1/4 teaspoon freshly ground black pepper Thyme sprigs Directions Evenly season the meat with the salt. Place the beef on a rack over a rimmed baking sheet. Refrigerate, uncovered, for 24 hours. Remove from the refrigerator 1 hour before roasting and let stand at room temperature. To make the sauce, melt 1 tablespoon butter in a wide saucepan over medium heat. Add the shallot and saute until soft without coloring, 2 to 3 minutes. Add the garlic and saute until fragrant, about 30 seconds more. Add the beef stock, port wine, red wine and rosemary. Bring to a boil and continue to boil until the liquid is reduced to about 2 cups, about 25 minutes. Strain the sauce through a fine-meshed sieve into a small saucepan, pushing down on the solids to extract as much liquid as possible. Add the vinegar and bring the sauce to a simmer over medium heat. Simmer until reduced to about 1 cup and slightly syrupy, about 10 minutes. Season with 1/4 teaspoon each salt and black pepper. Taste for seasoning and set aside. Heat the oven to 250 degrees. Place the baking sheet with the rack and meat in the oven. Roast until an instant-read thermometer inserted into the thickest part of the roast registers 115 degrees, about 60 minutes, depending on the thickness of the meat. Remove the beef from the oven and rest for 10 minutes. Carefully remove the twine. Melt 2 tablespoons butter a large skillet over high heat. Add the tenderloin and thyme. Sear the meat on all sides until well browned and the temperature registers 125 degrees to 130 degrees, basting with the butter and thyme. Transfer the meat to a cutting board and let rest for 10 minutes. While the meat is resting, gently reheat the sauce over medium-low heat. Whisk in the 2 tablespoons chilled butter, 1 tablespoon at a time, until emulsified (do not boil or the sauce will break). Remove from the heat. Cut the tenderloin across the grain in thick slices. Stir any juices from the cutting board into the sauce. Serve the meat immediately with the sauce.
U.S. President-elect Donald Trump has sharply criticized the extension of the national debt ceiling, labeling it as 'one of the dumbest political decisions made in years.' This comes in response to a 2023 budget agreement orchestrated by former House Speaker Kevin McCarthy and President Joe Biden, which suspended the debt limit until January 1, 2025. Trump took to his social media platform, Truth Social, to express his disapproval, stressing that Congress's decision jeopardizes future fiscal stability and insisting that Democrats should be held accountable for any resulting financial turmoil. Trump said, 'The Democrats must be forced to take a vote on this treacherous issue NOW, during the Biden Administration, and not in June.' While the deal allows the U.S. Treasury to honor its financial commitments for several months, the pressing concern is that lawmakers will need to revisit this issue next year to prevent a fiscal crisis. Trump's remarks underscore the contentious political atmosphere surrounding budgetary and fiscal policy debates in Washington. (With inputs from agencies.)"The Council of Autism Service Providers" And "ABA Centers" Partner to Ring Closing Bell at the New York Stock ExchangeKane Crichlow Scores Twice For Chelmsford
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With nearly all of the votes counted, left-leaning Mr Milanovic won 49% while his main challenger Dragan Primorac, a candidate of the ruling conservative HDZ party, trailed far behind with 19%. Pre-election polls had predicted that the two would face off in the second round on January 12, as none of the eight presidential election contenders were projected to get more than 50% of the vote. Mr Milanovic thanked his supporters but warned that “this was just a first run”. “Let’s not be triumphant, let’s be realistic, firmly on the ground,” he said. “We must fight all over again. It’s not over till it’s over.” Mr Milanovic, the most popular politician in Croatia, has served as prime minister in the past. Populist in style, the 58-year-old has been a fierce critic of current Prime Minister Andrej Plenkovic and continuous sparring between the two has been a recent hallmark of Croatia’s political scene. Mr Plenkovic has sought to portray the vote as one about Croatia’s future in the EU and Nato. He has labelled Mr Milanovic “pro-Russian” and a threat to Croatia’s international standing. “The difference between him (Mr Primorac) and Milanovic is quite simple: Milanovic is leading us East, Primorac is leading us West,” he said. Though the presidency is largely ceremonial in Croatia, an elected president holds political authority and acts as the supreme commander of the military. Mr Milanovic has criticised the Nato and European Union support for Ukraine and has often insisted that Croatia should not take sides. He has said Croatia should stay away from global disputes, thought it is a member of both Nato and the EU. Mr Milanovic has also blocked Croatia’s participation in a Nato-led training mission for Ukraine, declaring that “no Croatian soldier will take part in somebody else’s war”. His main rival in the election, Mr Primorac, has stated that “Croatia’s place is in the West, not the East”. However, his bid for the presidency has been marred by a high-level corruption case that landed Croatia’s health minister in jail last month and which featured prominently in pre-election debates. Trailing a distant third in the pre-election polls is Marija Selak Raspudic, a conservative independent candidate. She has focused her election campaign on the economic troubles of ordinary citizens, corruption and issues such as population decline in the country of some 3.8 million. Sunday’s presidential election is Croatia’s third vote this year, following a snap parliamentary election in April and the European Parliament balloting in June.Nine signs of dementia to watch out in older relatives this Christmas