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EchoIQ Limited Issues New Unquoted Equity Securities

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EchoIQ Limited Issues New Unquoted Equity Securities

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

EchoIQ Limited has announced the issuance of unquoted equity securities, including 8 million unlisted options and 13 million performance rights. These securities are set to expire in 2028, with the options exercisable at $0.35 each. This move could potentially impact the company’s financial strategy and market positioning by providing incentives for stakeholders and aligning with long-term growth objectives.

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: 2,172,653

Technical Sentiment Signal: Hold

Current Market Cap: A$138.8M

Find detailed analytics on EIQ stock on TipRanks’ Stock Analysis page.

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