HITIQ Director and Company Secretary Resigns Over Potential Conflict of Interest

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

HITIQ Limited has announced the immediate resignation of Director and Company Secretary James Barrie, who stepped down after notifying the board of a potential future conflict of interest linked to another of his directorships. As a consequence, resolutions relating to Barrie have been withdrawn from the company’s upcoming extraordinary general meeting, and HITIQ has begun the process of recruiting a new Company Secretary. In the interim, existing Company Secretary Michelle Sabatino will continue in the role, oversee an orderly handover once a successor is appointed, and assume responsibility for all ASX Listing Rule communications, signalling a managed transition aimed at minimising disruption to the company’s governance and regulatory compliance.

The most recent analyst rating on (AU:HIQ) stock is a Sell with a A$0.02 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

HITIQ Limited, listed on the ASX, operates in the healthcare equipment sector with a focus on concussion management technologies. The company provides an end-to-end platform designed to identify, monitor and manage sport-related brain injuries, using advanced tools spanning early detection, surveillance, assessment and rehabilitation. HITIQ targets the growing global concussion management market across elite and recreational sports, clinical practitioners, military, research and combat sports, with its first commercial partnership secured with the Australian Football League and expansion plans into rugby codes, ice hockey, lacrosse, MMA and American football.

Average Trading Volume: 836,046

Technical Sentiment Signal: Sell

Current Market Cap: A$9.03M

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