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EchoIQ Announces Lapse of 1.6 Million Performance Rights

Story Highlights
  • EchoIQ reported that 1,625,000 performance rights expiring in 2028 have lapsed.
  • The performance rights ceased after vesting conditions were not met, trimming future equity dilution.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
EchoIQ Announces Lapse of 1.6 Million Performance Rights

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EchoIQ Limited ( (AU:EIQ) ) has provided an announcement.

EchoIQ Limited has notified the market of changes to its issued capital, confirming that 1,625,000 performance rights expiring on 31 March 2028, trading under the ASX code EIQAAP, have ceased. The securities lapsed on 31 December 2025 because the conditions attached to those performance rights were not met or became incapable of being satisfied, slightly reducing the pool of potential future equity and adjusting the company’s long-term incentive structure for eligible holders.

The most recent analyst rating on (AU:EIQ) stock is a Hold with a A$0.26 price target. To see the full list of analyst forecasts on EchoIQ Limited stock, see the AU:EIQ Stock Forecast page.

More about EchoIQ Limited

EchoIQ Limited is an Australia-listed company trading on the ASX under the ticker EIQ. The announcement does not provide details of its industry or core business activities.

Average Trading Volume: 1,138,144

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$165.8M

See more insights into EIQ stock on TipRanks’ Stock Analysis page.

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