Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The latest announcement is out from HitIQ Limited ( (AU:HIQ) ).
HITIQ Limited has issued additional shares and options as part of a shortfall offer under its pro-rata non-renounceable rights issue, raising $206,960. This move is part of a broader strategy to secure funding, with the company having received a total of $2,089,820 from the rights issue and placement. The announcement clarifies the company’s issued capital and indicates further steps to address the remaining shortfall, potentially impacting its financial position and market operations.
More about HitIQ Limited
HITIQ Limited (ASX: HIQ) is a company specializing in concussion management technology. It offers smart mouthguards and software for sports, clinical, and research applications globally, with its PROTEQT system aimed at enhancing athlete safety in both elite and community sports.
Average Trading Volume: 426,925
Technical Sentiment Signal: Sell
Current Market Cap: A$9.86M
See more insights into HIQ stock on TipRanks’ Stock Analysis page.
Trending Articles:
- “The No. 1 Destination for the Most Talented Artists”: Netflix Stock (NASDAQ:NFLX) Notches Up as the Duffer Brothers Consider Jumping Ship
- “Breakthrough EVs”: Ford Stock (NYSE:F) Notches Up on New Battery Details
- “An Equity Stake”: Intel Stock (NASDAQ:INTC) Surges as U.S. Government May Buy In With CHIPS Act Money