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HitIQ Limited ( (AU:HIQ) ) has issued an announcement.
HitIQ Limited has issued 97,474,962 fully paid ordinary shares, expanding its share capital base without a prospectus or other disclosure document under Part 6D.2 of the Corporations Act. The company has formally notified the market of this issuance under section 708A(5)(e), confirming that it is up to date with its financial reporting and continuous disclosure obligations and that there is no excluded information that would be material to investors.
The notice underscores that HitIQ remains compliant with key provisions of the Corporations Act applicable to disclosing entities, including Chapters 2M and sections 674 and 674A. By affirming there is no withheld price-sensitive information, the announcement aims to reassure shareholders and prospective investors about regulatory transparency around the new shares and their trading in the secondary market.
The most recent analyst rating on (AU:HIQ) stock is a Sell 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
HitIQ Limited is an ASX-listed company operating in the technology sector, with its primary securities being fully paid ordinary shares traded under the ticker HIQ. As a disclosing entity under the Corporations Act, the company is subject to and compliant with Australian continuous disclosure and financial reporting obligations, positioning it within the regulated public capital markets in Australia.
Average Trading Volume: 579,037
Technical Sentiment Signal: Sell
Current Market Cap: A$7.43M
Find detailed analytics on HIQ stock on TipRanks’ Stock Analysis page.