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The latest update is out from HitIQ Limited ( (AU:HIQ) ).
HITIQ Limited has extended its partnership with the Premier League by 18 months, increasing the annual contract value by 60%. This extension underscores the effectiveness and growing adoption of HITIQ’s concussion management technology, enhancing the company’s footprint in elite sports. Additionally, HITIQ appointed Chris Davis as Chief Marketing Officer to bolster its global marketing strategy and secured an additional $3 million through a convertible note facility to support production, sales, and global commercialization efforts. These developments are set to strengthen HITIQ’s market position and support its growth ambitions in the concussion management space.
More about HitIQ Limited
HITIQ Limited is a global leader in concussion management technologies, focusing on delivering advanced solutions in the health and performance sector, particularly within elite sports environments.
YTD Price Performance: -8.00%
Average Trading Volume: 398,609
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$16.7M
See more insights into HIQ stock on TipRanks’ Stock Analysis page.
