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HitIQ Limited Announces Proposed Securities Issue to Bolster Growth

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HitIQ Limited ( (AU:HIQ) ) just unveiled an announcement.

HitIQ Limited has announced a proposed issue of securities, including options expiring on December 30, 2028, and fully paid ordinary shares. This standard pro rata issue, which is non-renounceable, is set to enhance the company’s capital structure and potentially strengthen its market position by providing additional resources for growth and development. The issuance is scheduled to close on June 3, 2025, with the securities being issued on June 10, 2025.

More about HitIQ Limited

HitIQ Limited operates in the technology sector, focusing on developing innovative solutions for impact monitoring and brain health. The company primarily offers products and services related to sports technology, aiming to enhance player safety and performance through advanced data analytics and monitoring systems.

YTD Price Performance: -50.0%

Average Trading Volume: 260,249

Technical Sentiment Signal: Buy

Current Market Cap: A$9.23M

See more insights into HIQ stock on TipRanks’ Stock Analysis page.

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