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HitIQ Limited ( (AU:HIQ) ) has issued an announcement.
HitIQ Limited has announced a non-renounceable entitlement issue, offering one share for every three shares held at $0.022 per share, along with free new options to raise up to $2.92 million. This move, partially underwritten by GBA Capital Pty Ltd, aims to strengthen the company’s financial position and support its strategic initiatives, potentially impacting its market presence and offering new opportunities for stakeholders.
More about HitIQ Limited
HitIQ Limited operates in the technology industry, focusing on developing and providing advanced concussion management solutions. The company is known for its innovative products that aim to improve player safety in sports through data-driven insights and monitoring systems.
Average Trading Volume: 394,698
Technical Sentiment Signal: Sell
Current Market Cap: A$7.82M
See more insights into HIQ stock on TipRanks’ Stock Analysis page.