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STUART, Fla. , Dec. 20, 2024 /PRNewswire/ -- Health In Tech, Inc., an Insurtech platform company backed by third-party AI technology, today announced the pricing 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. In addition, Health In Tech has granted the underwriter a 30-day option to purchase up to an additional 345,000 shares of its Class A common stock at the initial public offering price, less underwriting discounts and commissions. The shares are expected to begin trading on the Nasdaq Capital Market on December 23, 2024 , under the ticker symbol "HIT". The offering is expected to close on December 24, 2024 , subject to customary closing conditions. American Trust Investment Services, Inc. is acting as the sole book-running manager of this offering. Health In Tech intends to use the net proceeds from the offering towards system enhancements, the expansion of service offerings, expansion of sales and distribution channels, talent development and retention, working capital and other general corporate purpose. 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, Inc. ("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-inc-announces-pricing-of-initial-public-offering-302337631.html SOURCE Health In Tech © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Elon Musk has hit back at the Sydney Morning Herald after the masthead wildly predicted the billionaire would quit Tesla in 2025. SMH published an opinion piece by technology editor David Swan on Sunday evening which shared a series of predictions for tech in the new year. One of the predictions centred on Musk and whether his busy list of commitments would force him to part ways with Tesla as he focuses on a new role in 2025 as the joint lead of the Department of Government Efficiency in the Trump administration. "To be juggling leadership roles at X, Tesla, SpaceX, xAI, the Boring Company and Neuralink was already unsustainable," the SMH op-ed read. "Musk has already found himself at loggerheads with MAGA diehards like Steve Bannon over immigration issues, and the inauguration is still weeks away. He’s also been at loggerheads with the justice system, after a US judge blocked Musk’s $US56 billion ($90 billion) pay package from Tesla. "After constant controversies and distractions, it will all come to a head in 2025, and Musk will be forced to hand over the reins at Tesla, a company many mistakenly think he founded." The 53-year-old hit back with a tongue-in-cheek reply on X, after a Musk supporter shared the article's headline with a quote from the prediction. "I predict that the Sydney Morning Herald will continue to lose readership in 2025 for relentlessly lying to their audience and boring them to death," he said. Social media influencer and journalist at The Post Millennial Andy Ngo, also chimed in on the thread, saying the SMH had previously published lies about him after it claimed he had been banned from X before being reinstated. "The Sydney Morning Herald published these lies. I was never banned on this platform, even under the worst times from the prior regime," he said. Musk's comments come after the SMH was forced to issue an apology for falsely identifying South Australian barrister Ian Roberts as one of the two men who died during the Sydney to Hobart yacht race on Friday. NSW Police confirmed two men, aged 55 and 65, had died but neither was publicly identified initially. Authorities confirmed the 65-year-old was aboard the Bowline and was a native of South Australia in a press conference on Friday morning. Hours later, the SMH published an article identifying the man as Mr Roberts, the skipper and owner of the Bowline. However, that article was taken down within an hour after it emerged the Adelaide-based barrister was in fact alive and well. The paper subsequently issued a public apology to the 65-year-old after the error was identified. "The Sydney Morning Herald incorrectly named Adelaide barrister Ian Roberts as one of the victims in the Sydney to Hobart yacht race," the SMH said in a statement. "This was incorrect. We apologise to Mr Roberts and his family." Nick Smith, 55, and Roy Quaden, 65, were later identified as the men to have died. The Sydney Morning Herald’s circulation has been steadily declining for several years, losing more than a million readers since 2022 across digital and print. In May, the paper bragged about having 7.3 million readers across all platforms, but that figure was down 1.1 million from its 2022 results.

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The target by the Federal Government to ramp up oil production to 3 million liters per day has been accompanied with different strategies, SUCCESS NWOGU writes Federal Government’s ambitious crude oil production target of 2.06 million barrels per day in the 2025 budget has once more underscored the need to adopt proactive and effective measures to ramp up Nigeria’s crude oil production. The budget’s crude oil target was less than the initial projection. The Minister of Defence, Dr. Mohammad Badaru Abubakar, speaking recently at 6 Division Nigerian Army Barracks in Port Harcourt, said FG had set a target to increase oil production per day to 2.3 million per day by mid-2025. He claimed that the current oil production had risen from one million barrels to 1.6 to 1.7 million barrels. Abubakar said: “I believe we are now at about 1.6 to 1.7 million barrels as against 1.4 million barrels that we were on. And I believe that by the end of the year, we will see ourselves around 1.9 to two million barrels. “And by the middle of next year (God’s willing) we will be producing about 2.3 million barrels. With the arrangement that I have seen in place, and with the efforts the Arm Forces are putting in the efforts of the Chief of Defence Staff and the service Chiefs and course with the encouragement from the President. “The oil production has to continue to increase and I assure you before the end of the year we will see a tremendous increase in the oil production in this country.” 3m barrels per day target The Nigerian National Petroleum Company Limited (NNPC Ltd) said that crude oil production output of three million barrels per day was achievable up from the current 1.7million. The Chief Corporate Communications Officer (CCCO) of NNPCL, Olufemi Soneye, stated this in an address at a stakeholders engagement for journalists covering the National Assembly in Abuja. Soneye said the feat was attainable with support from all critical stakeholders. He said the political will towards the target was already provided by President Bola Tinubu with directives to relevant security agencies to stem the ugly tide of oil theft and pipeline vandalism, which, according to him, led to increase in daily oil production from 1.4 million to 1.7milliion barrels per day. Soneye said: “Three million barrels oil production per day is achievable in Nigeria if all the stakeholders work in synergy for that purpose from the security agencies both government and private owned, to oil companies and host communities. “With expected synergy from all the relevant stakeholders on war against oil theft and pipeline vandalism, the required enabling environment would be in place for optimal oil production to the volume of 2.5 to three million barrels per day.” He lamented that at a point, oil production dropped to 900,000 barrels per day in the country before the engagement of private security agencies and renewed efforts of the military. “At that time, we felt Nigeria was in trouble as far as oil theft was concerned but, the intensity of war against it, has allayed our fears,” he said. According to OPEC’s Monthly Oil Market Report for November, using direct communication, Nigeria crude oil production increased by 152,000 barrels per day from 1.333million barrels per day (mbpd) in October to 1.486mbpd in November. Nigeria’s average crude oil production in September fell by 27,000 barrels from 1.352mbpd in August to 1.324 million barrels per day in September, 2024 using direct communication. For August, Nigeria’s oil production increased by 30,000 barrels per day from 1.276million barrels per day in June to 1.307mbpd in July; 1.251mbpd in May; 1.281mbpd in April; 1.231mbpd in March; 1.322mbpd in February; 1.427mbpd in January, 2024 and 1.327mbpd in December, 2023. Production increase In efforts to boost crude production, Vice President Kashim Shettima recently commissioned a new Floating Production, Storage and Offloading vessel by Oriental Energy Resources Limited. He represented President Bola Tinubu at the Drydocks World Dubai Shipyard in Dubai, the United Arab Emirates. Sources said the vessel, named ENEM FPSO, with a storage capacity of one million barrels, would kick off with an initial production of 17,000 barrels per day before increasing its production capacity to 30,000 bpd. A statement by the Senior Special Assistant to the President on Media and Communications, Office of the Vice President, Stanley Nkwocha, said the development aligned with the president’s efforts to revitalise the nation’s oil and gas sector. He added that the government aims to optimise production, reduce dependence on foreign imports and generate more revenue. According to him as Nigeria’s home-based refineries come alive, vessels like this would be instrumental in maximising the nation’s production capacity and driving economic growth. Shettima said: “This FPSO vessel is more than just a technological achievement; it is a symbol of Nigeria’s ambition and our readiness to meet global energy demands. Under President Tinubu’s leadership, we are witnessing the transformation of the oil and gas sector, which is central to our economic revitalisation efforts. “He stated that the vessel is a critical link in Nigeria’s ambition to optimise productivity, enabling the country to become a central hub for hydrocarbon demand, both domestically and globally.” He stated: “Over the decades, Alhaji Muhammadu Indimi has stood as a model businessman and symbol of excellence in the oil and gas industry. So, it’s not surprising that his vision has transformed Oriental Energy Resources Limited into a global phenomenon. “This outcome testifies to what is possible when ambition is matched with perseverance and expertise. His journey reminds us that Nigeria is a land of opportunity, and with dedication, there is no limit to what we can achieve. “Just about two weeks ago, His Excellency, President Bola Ahmed Tinubu, was in Paris, where he oversaw the expansion of one of Nigeria’s indigenous banks into that sphere of the European financial market. That historic moment reflected our collective aspiration as a nation. “This FPSO vessel symbolises a future where Nigerian ingenuity meets global standards, and we will be here every step of the way to ensure its utility and success.” Executive Chairman, Oriental Energy Resources Limited, Muhammadu Indimi, said the facility was the first FPSO to be fully funded by a Nigerian indigenous company. He explained that the vessel named ENEM FPSO, has heralded an effort for an indigenous Nigerian oil and gas company to independently develop a marginal field, stressing that it is an important milestone for Nigeria and its indigenous oil and gas sector. “When operating at full capacity we expect the Okwok Oil Field to produce up to 30,000 barrels of oil a day, significantly enhancing Nigeria’s oil production and contributing to the government’s ambition to increase oil revenue to fund Nigeria’s development. “The Okwok field is just one step towards our long-term ambition to deliver 100,000 barrels of oil per day of production in Nigeria. We have a strong set of proven assets and a development pipeline that can deliver it,” he said. Oil theft Though Nigeria is one of Africa’s leading crude oil exporters, the large-scale oil theft has posed a major threat to national economy as it is estimated that oil theft costs Nigeria millions of dollars each month; and that about $23bn in oil revenue was lost in 2022. The Governor of River State, Siminalayi Fubara, recently donated 6 gun boats to the Nigerian Navy as one of the strategies to combat oil theft and economic sabotage. Sources said the gunboats will enhance waterway patrols and response times, especially near submerged oil export pipelines that are prone to attacks. The governor noted that oil theft is a big problem that needs all hands on deck to tackle it. He explained that the six gunboats donated by the River State government are meant to support the Nigerian Navy to ensure that the nefarious activities of oil thieves are drastically reduced. Fubara said: “We have set up local vigilantes to support the protection of oil facilities, acquired gunboats, and [are] protecting the ecosystem of the region. “We are doing our best to discourage any form of economic sabotage, which is why the country’s output has increased in recent months given our support and protection of pipelines.” “What we need is a total reorientation of the people to discourage them from stealing oil. It’s a bad situ – ation because you have children as young as 14 and 15 involved.” Illegal refineries NNPC Ltd maintained that the war against crude oil theft and oil pipelines vandalism has been on course, adding that the company and public and private security operatives have intensified efforts to rid the nation of oil thefts. In a post on its X it explained that between November 30 and December 6, it uncovered at least 34 illegal refineries and 17 illegal pipeline connections in one week across the Niger Delta region and that it recorded a total of 94 oil theft incidents in parts of Bayelsa, Rivers, and Abia States. It added that a massive illegal storage site was uncovered in Okrika 7 of River State where officials found crude oil stored in sacks ready for the black market and that illegal crude oil storages were also reportedly discovered in Igi 3, Ibudiya 1, Eborcha, and Ukua. It said: “In a series of coordinated operations, illegal pipelines were discovered and dismantled at key hotspots – Ogboingbiri, Ejehinkiri, Alabelema in Bayelsa state. “And Okrika 7 in Rivers state witnessed swift action as security forces uncovered an illicit setup used by perpetrators to exploit Nigeria’s resources. “Repairs were carried out promptly restoring the pipelines to full functionality and fortifying the nation’s hydrocarbon infrastructure.” It added: “The Crackdown didn’t stop there. Illegal refineries met their end in Ebocha, umuajuloke community, Okrika 7, and Kumkum in Rivers State, as well as Ukwa, Uzuaku, Oza West, Odogwa, Obuzor, Oandu in Abia State and Bizeni in Bayelsa state. The destruction of these sites serve as a Stern warning – no haven exists for crude oil theft in Nigeria. “The week’s incidents spanned key corridors – 39 in the central Corridor, 41 in the Eastern Corridor, four in the western Corridor, and 10 in deep blue water.” “This was achieved by the joint efforts of NNPCL command and control Centres, Shell Petroleum Development Company, Pipeline Infrastructure Nigeria Limited, Maton Engineering Nigeria Limited, Oando PLC, New Guard Security and Consultancy Limited, and government security agencies.” Last Line: The Group Chief Executive Officer of the Nigerian National Petroleum Company, Mele Kyari, said the increased crude oil production was as a result of improved security measures and the support of joint venture partners. “We have reached a new peak in production that we haven’t seen in the last three years. This is related to the sustained efforts by the armed forces and other security agencies to protect our critical assets,” Kyari said in Nigeria’s capital, Abuja.

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DORAL, Fla.--(BUSINESS WIRE)--Dec 23, 2024-- NeueHealth, Inc. (“NeueHealth” or the “Company”) (NYSE: NEUE), the value-driven healthcare company, today announced that it has entered into a definitive merger agreement pursuant to which the Company will be acquired by an affiliate of New Enterprise Associates (“NEA”) at an enterprise value of approximately $1.3 billion. Upon completion of the transaction, NeueHealth will become a privately held company with the flexibility and resources to continue advancing its value-driven, consumer-centric care model. Under the terms of the merger agreement, holders of NeueHealth common stock (other than shares that will be rolled over and certain excluded shares) will receive $7.33 per share in cash, which represents a premium of approximately 70% over the closing price of NeueHealth common stock on December 23, 2024. Certain stockholders of NeueHeath, including NEA and 12 existing NeueHealth investors (which collectively hold all of the outstanding shares of NeueHealth preferred stock), have entered into rollover agreements pursuant to which such stockholders will continue their investments by exchanging their shares of NeueHealth common stock and/or preferred stock for newly issued equity interests in the privately held company, and the Company’s existing secured loan facility with Hercules Capital, Inc. will remain in place. NeueHealth’s executive leadership team will continue in their roles upon completion of the transaction and intends to roll over 100% of their equity interests for newly issued equity interests in the privately held company. “We are pleased to announce this transaction as we believe it places NeueHealth in a strong position for continued growth while maximizing value for all of NeueHealth’s public stockholders,” said Mike Mikan, President and CEO of NeueHealth. “NEA has been a longstanding strategic partner, and we look forward to continuing to work together to build on NeueHealth’s success as a leader in value-based care.” “We believe NeueHealth has built a differentiated model of care that is uniquely positioned to drive value for consumers, providers, and payors and we have confidence in the NeueHealth team and their ability to continue to lead the Company,” said Mohamad Makhzoumi, Co-CEO of NEA. “We have had a strong partnership with NeueHealth since 2016 and share the Company’s commitment to making high-quality healthcare accessible and affordable for all Americans.” Transaction Details A special committee (the “Special Committee”) of the board of directors of NeueHealth (the “Board”), composed entirely of independent and disinterested directors and advised by its own independent legal and financial advisors, unanimously recommended that the Board approve the transaction and determined it was in the best interests of the Company and its stockholders that are not affiliated with NEA. Acting upon the recommendation of the Special Committee, the Board subsequently unanimously approved the transaction and determined to recommend that NeueHealth stockholders vote to approve and adopt the merger agreement. Certain NeueHealth stockholders have agreed to vote all of their shares of NeueHealth common stock and/or preferred stock to approve and adopt the merger agreement, subject to certain conditions. The merger is subject to approval by NeueHealth’s stockholders and other customary closing conditions, including receipt of certain regulatory approvals. NEA intends to finance the transaction with fully committed equity financing, and the transaction is not subject to any financing condition. Upon completion of the transaction, NeueHealth’s common stock will no longer be publicly traded or listed on any public market. The merger agreement includes a 30-day “go-shop” period that will expire at 12:01 AM New York City time on January 23, 2025, which permits the Special Committee and its financial advisors to solicit and consider alternative acquisition proposals. There can be no assurance that this process will result in a superior proposal, and NeueHealth does not intend to disclose developments with respect to the “go-shop” process unless and until it determines such disclosure is appropriate or is otherwise required. Lincoln International, LLC is acting as financial advisor, and Richards, Layton & Finger, P.A. is acting as legal counsel, to the Special Committee. Simpson Thacher & Bartlett LLP is acting as legal counsel to NeueHealth. Latham and Watkins LLP is acting as legal counsel to NEA, with Sidley Austin LLP acting as insurance regulatory counsel to NEA. More information regarding the key terms will be included in a current report on Form 8-K to be filed by NeueHealth with the Securities and Exchange Commission (the “SEC”). Important Information and Where to Find It In connection with the transaction, the Company will file with the SEC a proxy statement on Schedule 14A (the “Proxy Statement”), the definitive version of which will be sent or provided to Company stockholders. The Company, affiliates of the Company and affiliates of NEA intend to jointly file a transaction statement on Schedule 13E-3 (the "Schedule 13E-3") with the SEC. The Company may also file other documents with the SEC regarding the transaction. This release is not a substitute for the Proxy Statement, the Schedule 13E-3 or any other document which the Company may file with the SEC. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE PROXY STATEMENT, THE SCHEDULE 13E-3 AND ANY OTHER RELEVANT DOCUMENTS THAT ARE FILED OR WILL BE FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS, CAREFULLY AND IN THEIR ENTIRETY BEFORE MAKING ANY VOTING OR INVESTMENT DECISION WITH RESPECT TO THE COMPANY OR THE TRANSACTION BECAUSE THESE DOCUMENTS CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION ABOUT THE TRANSACTION AND RELATED MATTERS. Investors and security holders may obtain free copies of the Proxy Statement, the Schedule 13E-3 and other documents that are filed or will be filed with the SEC by the Company, when such documents become available, through the website maintained by the SEC at www.sec.gov or through the Company's website at https://investors.neuehealth.com/home/default.aspx . The transaction will be implemented solely pursuant to the Agreement and Plan of Merger, dated as of December 23, 2024 (the “merger agreement”), among the Company, NH Holdings 2025, Inc. and NH Holdings Acquisition 2025, Inc., which contains the full terms and conditions of the transaction. Participants in the Solicitation The Company and certain of its directors, executive officers and employees may be deemed to be participants in the solicitation of proxies from stockholders of the Company in connection with the proposed transaction. Information regarding the Company’s directors and executive officers is available in the definitive proxy statement for the 2024 annual meeting of stockholders of the Company, which was filed by the Company with the SEC on April 1, 2024 (the “Annual Meeting Proxy Statement”), and will be available in the Proxy Statement. Please refer to the sections captioned “Executive Compensation,” “Director Compensation,” and “Security Ownership of Certain Beneficial Owners and Management” in the Annual Meeting Proxy Statement. Holdings of the Company’s securities by certain of the Company’s employees, and any changes in the holdings of the Company’s securities by the Company’s directors or executive officers from the amounts described in the Annual Meeting Proxy Statement, have been reflected in the following Statements of Change in Ownership on Form 4 filed with the SEC: Form 4, filed by George Lawrence Mikan III on May 6, 2024; Form 4, filed by Jay Matushak on May 6, 2024; Form 4, filed Tomas Orozco on May 6, 2024; Form 4, filed by Jeffery Michael Craig on May 6, 2024; Form 4, filed by Jeffrey J. Scherman on May 6, 2024; Form 4, filed by Jay Matushak on May 13, 2024; Form 4, filed by Jeffrey J. Scherman on May 13, 2024; Form 4, filed by Kedrick D. Adkins, Jr. on May 14, 2024; Form 4, filed by Andrew M. Slavitt on May 14, 2024; Form 4, filed by Linda Gooden on May 14, 2024; Form 4, filed by Mohamad Makhzoumi on May 14, 2024; Form 4, filed by Robert J. Sheehy on May 14, 2024; Form 4, filed by Matthew G. Manders on May 14, 2024; Form 4, filed by Stephen Kraus on May 14, 2024; Form 4, filed by Manuel Kadre on May 14, 2024; Form 4, filed by Jeffrey R. Immelt on May 14, 2024; Form 4, filed by Mohamad Makhzoumi on October 3, 2024; Form 4, filed by Jay Matushak on October 8, 2024; Form 4, filed by George Lawrence Mikan III on December 18, 2024. Other information regarding the participants in the proxy solicitation and a description of their direct and indirect interests, by security holdings or otherwise, will be contained in the Proxy Statement and other relevant materials to be filed with the SEC in connection with the proposed transaction when they become available. Free copies of the Proxy Statement and such other materials may be obtained as described in the preceding paragraph. About NeueHealth NeueHealth is a value-driven healthcare company grounded in the belief that all health consumers are entitled to high-quality, coordinated care. By uniquely aligning the interests of health consumers, providers, and payors, NeueHealth helps to make healthcare accessible and affordable to all populations across the ACA Marketplace, Medicare, and Medicaid. NeueHealth delivers high-quality clinical care to over 500,000 health consumers through owned clinics and unique partnerships with over 3,000 affiliated providers. We also enable independent providers and medical groups to thrive in performance-based arrangements through a suite of technology and services scaled centrally and deployed locally. We believe our value-driven, consumer-centric care model can transform the healthcare experience and maximize value across the healthcare system. For more information, visit: www.neuehealth.com . About NEA New Enterprise Associates (NEA) is a global venture capital firm focused on helping entrepreneurs build transformational businesses across multiple stages, sectors and geographies. Founded in 1977, NEA has more than $25 billion in assets under management as of June 30, 2024 and invests in technology and healthcare companies at all stages in a company’s lifecycle, from seed stage through IPO. The firm's long track record of investing includes more than 280 portfolio company IPOs and more than 465 mergers and acquisitions. For more information, please visit www.nea.com . Forward-Looking Statements This release contains certain “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Statements made in this release that are not statements of historical fact, including statements about our beliefs and expectations, are forward-looking statements and should be evaluated as such. Forward-looking statements include information concerning possible or assumed future results of operations, including descriptions of our business plan and strategies, and statements as to the expected timing, completion and effects of the transaction. These statements often include words such as “anticipate,” “expect,” “plan,” “believe,” “intend,” “project,” “forecast,” “estimates,” “projections,” “outlook,” “ensure,” and other similar expressions. These forward-looking statements include any statements regarding our plans, expectations and financial guidance. Such forward-looking statements are subject to various risks, uncertainties and assumptions. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. Factors that might materially affect such forward-looking statements include: the failure to complete the transaction on the anticipated terms and within the anticipated timeframe, including as a result of failure to obtain required stockholder or regulatory approvals or to satisfy other closing conditions; potential litigation relating to the transaction that could be instituted against NEA, the Company or their respective affiliates, directors, managers, officers or employees, and the effects of any outcomes related thereto; potential adverse reactions or changes to our business relationships or operating results resulting from the announcement, pendency or completion of the transaction; the risk that our stock price may decline significantly if the transaction is not consummated; certain restrictions during the pendency of the transaction that may impact our ability to pursue certain business opportunities or strategic transactions; costs associated with the transaction, which may be significant; the occurrence of events, changes or other circumstances that could give rise to the termination of the merger agreement, including in circumstances requiring us to pay a termination fee; our ability to continue as a going concern; our ability to comply with the terms of our credit facilities­ or any credit facility into which we enter in the future; our ability to receive the remaining proceeds from the sale of our Medicare Advantage business in California in a timely manner; our ability to obtain any short or long term debt or equity financing needed to operate our business; our ability to quickly and efficiently complete the wind down of our remaining Individual and Family Plan (“IFP”) and MA businesses, including by satisfying liabilities of those businesses when due and payable; potential disruptions to our business due to the transaction or due to corporate restructuring and any resulting headcount reduction; our ability to accurately estimate and effectively manage the costs relating to changes in our business offerings and models; a delay or inability to withdraw regulated capital from our subsidiaries; a lack of acceptance or slow adoption of our business model; our ability to retain existing consumers and expand consumer enrollment; our and our care partner’s abilities to obtain and accurately assess, code, and report risk adjustment factor scores; our ability to contract with care providers and arrange for the provision of quality care; our ability to obtain claims information timely and accurately; the impact of any pandemic or epidemic on our business and results of operations; the risks associated with our reliance on third-party providers to operate our business; the impact of modifications or changes to the U.S. health insurance markets; our ability to manage any growth of our business; our ability to operate, update or implement our technology platform and other information technology systems; our ability to retain key executives; our ability to successfully pursue acquisitions, integrate acquired businesses, and quickly and efficiently divest businesses as needed; the occurrence of severe weather events, catastrophic health events, natural or man-made disasters, and social and political conditions or civil unrest; our ability to prevent and contain data security incidents and the impact of data security incidents on our members, patients, employees and financial results; our ability to comply with requirements to maintain effective internal controls; our ability to adapt to mitigate risks associated with our ACO businesses, including any unanticipated market or regulatory developments; and the other factors set forth under the heading “Risk Factors” in the Company’s reports on Form 10-K, Form 10-Q, and Form 8-K (including all amendments to those reports) and our other filings with the SEC. Except as required by law, we undertake no obligation to update publicly any forward-looking statements for any reason after the date of this release to conform these statements to actual results or changes in our expectations. View source version on businesswire.com : https://www.businesswire.com/news/home/20241223595862/en/ CONTACT: Investor Contact: IR@neuehealth.comMedia Contact: media@neuehealth.com KEYWORD: FLORIDA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: PRACTICE MANAGEMENT PROFESSIONAL SERVICES MANAGED CARE HEALTH GENERAL HEALTH HEALTH TECHNOLOGY HEALTH INSURANCE HOSPITALS INSURANCE TELEMEDICINE/VIRTUAL MEDICINE FINANCE SOURCE: NeueHealth Copyright Business Wire 2024. PUB: 12/23/2024 05:53 PM/DISC: 12/23/2024 05:53 PM http://www.businesswire.com/news/home/20241223595862/enMercurity Fintech Announces Unaudited Financial Results for First Half 2024Why Uber Technologies Plunged Today

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