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An update from HitIQ Limited ( (AU:HIQ) ) is now available.
HITIQ Limited has entered into a debt conversion agreement with Forward Intellectual Property Pty Ltd to settle $90,000 worth of intellectual property services by issuing 4,090,909 ordinary shares at a price of $0.022 per share. This strategic move utilizes the company’s ASX Listing Rule 7.1 placement capacity, potentially strengthening its financial position and reinforcing its commitment to innovation in concussion management technology.
More about HitIQ Limited
HITIQ Limited is a global leader in concussion management technology, offering smart mouthguards and software for sports, clinical, and research applications worldwide. Its PROTEQT system is designed to enhance athlete safety in both elite and community sports.
Average Trading Volume: 454,292
Technical Sentiment Signal: Sell
Current Market Cap: A$7.26M
See more data about HIQ stock on TipRanks’ Stock Analysis page.