1. Organization

Description of Business

Health in Tech, Inc. (collectively with SMR, Hi Card, ICE, and, beginning April 10, 2026, HITChain (defined below), “HIT” or the “Company”) through its subsidiaries, simplifies sales, service processes and reduces sales cycle time for third-party administrators and brokers. HIT was incorporated in November 2021 in the State of Nevada, and is based in Stuart, Florida. The Company was created with the intention of consolidating each of three standalone entities into a single organization: Stone Mountain Risk, LLC (“SMR”), Health Intelligence Card, LLC (“Hi Card”), and International Captive Exchange, LLC (“ICE”) (the “subsidiaries”).

HITChain Inc. (“HITChain”), was incorporated as a Delaware corporation on January 2, 2026, to develop a blockchain-enabled healthcare insurance claims processing platform. This platform aims to establish an immutable, transparent and efficient claims ecosystem to reduce administrative costs and improve trust across all stakeholders. HITChain completed its initial capitalization on April 10, 2026. The Company contributed $428,571 in exchange for Class A common stock, representing an 85.72% economic interest and 28.58% voting interest. The Company’s Chief Executive Officer and Chief Financial Officer each contributed $35,714 in exchange for Class B common stock, representing a 7.14% economic interest and 35.71% voting interest each. Each share of Class A common stock is entitled to one vote, while each share of Class B common stock is entitled to 15 votes. Except for the differences in voting rights, the Class A and Class B common stock have identical economic rights and other terms, including rights with respect to dividends and distributions and rights upon liquidation.

The Company’s unaudited consolidated financial statements include the accounts of HIT, its wholly owned subsidiaries, and HITChain beginning April 10, 2026, for which the Company has been deemed to be the primary beneficiary under ASC 810 (see Note 2).