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HitIQ Completes Rights Issue, Raises $1.88 Million

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HitIQ Completes Rights Issue, Raises $1.88 Million

Confident Investing Starts Here:

The latest update is out from HitIQ Limited ( (AU:HIQ) ).

HitIQ Limited has concluded its pro-rata non-renounceable rights issue offer, raising approximately $1.88 million in total, including a placement. The rights issue was partially underwritten by GBA Capital Pty Ltd, and the company is working to place the remaining shortfall, with interest from new and existing shareholders. The allotment of shares and options is set for 23 June 2025, with normal trading expected to commence on 27 June 2025.

More about HitIQ Limited

HitIQ Limited operates in the technology industry, focusing on developing and providing innovative solutions for head impact monitoring and management. The company aims to enhance safety in sports and other activities by offering products that track and analyze head impacts, thereby contributing to improved health outcomes and safety standards.

Average Trading Volume: 539,336

Technical Sentiment Signal: Sell

Current Market Cap: A$7.74M

See more data about HIQ stock on TipRanks’ Stock Analysis page.

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