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HITIQ Clears 123 Million New Shares for Trading With Compliance Notice

Story Highlights
  • HITIQ has issued 123 million new shares without a disclosure document under Australian law.
  • The company confirms full regulatory compliance and no undisclosed information, clearing the shares for trading.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
HITIQ Clears 123 Million New Shares for Trading With Compliance Notice

Meet Samuel – Your Personal Investing Prophet

HitIQ Limited ( (AU:HIQ) ) has provided an update.

HITIQ Limited has issued 123,388,031 fully paid ordinary shares on 7 April 2026 under provisions of the Corporations Act that allow the placement to proceed without a disclosure document to investors. The board confirmed the company remains compliant with its continuous and financial reporting obligations and stated there is no excluded information, signalling to the market that the enlarged capital base has been created without any undisclosed price-sensitive information.

The notice, lodged under section 708A(5)(e), effectively clears these new shares for secondary trading by affirming regulatory compliance and absence of hidden material facts. This step helps provide reassurance to existing and new shareholders about the transparency of the capital raising structure, while reinforcing HITIQ’s standing as a disclosing entity on the ASX and supporting liquidity in its stock.

The most recent analyst rating on (AU:HIQ) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on HitIQ Limited stock, see the AU:HIQ Stock Forecast page.

More about HitIQ Limited

Average Trading Volume: 489,865

Technical Sentiment Signal: Sell

Current Market Cap: A$8.23M

For detailed information about HIQ stock, go to TipRanks’ Stock Analysis page.

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