Mar. 26 at 2:53 PM
$HIT Yeah it’s dilution, but this looks like growth capital—not survival.
$7M gives them fuel to scale distribution, build out the platform, and keep momentum going. For a company growing this fast, that matters way more than a short-term share bump. If they execute, revenue growth will outpace the dilution and nobody will care about this raise in a year. Short term might be choppy, but long term this actually strengthens the story.