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EchoIQ Limited Issues 2 Million Unquoted Equity Securities

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EchoIQ Limited Issues 2 Million Unquoted Equity Securities

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

EchoIQ Limited has announced the issuance of 2,000,000 unquoted equity securities in the form of options expiring on December 20, 2027, with an exercise price of $0.35. This issuance is part of an employee incentive scheme and is not intended to be quoted on the ASX, potentially impacting the company’s employee retention and motivation strategies.

The most recent analyst rating on (AU:EIQ) stock is a Buy with a A$0.38 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

Average Trading Volume: 2,919,959

Technical Sentiment Signal: Hold

Current Market Cap: A$141.9M

For an in-depth examination of EIQ stock, go to TipRanks’ Overview page.

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