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HitIQ Limited ( (AU:HIQ) ) just unveiled an update.
HITIQ Limited announced the closure of its Shortfall Offer and the finalization of its Rights Issue, raising a total of $2,155,820. The company issued 97,991,830 new shares and 48,995,935 new options through various placements and rights issues. Although discussions with new investors for the remaining shortfall were advanced, they were not completed within the required timeframe. HITIQ plans to continue these discussions as part of its capital management strategy, while expressing gratitude to shareholders for their support and looking forward to advancing its concussion management technology.
More about HitIQ Limited
HITIQ Limited is a company specializing in concussion management technology, offering smart mouthguards and software for sports, clinical, and research applications worldwide. Their PROTEQT system is designed to enhance athlete safety in both elite and community sports.
Average Trading Volume: 423,726
Technical Sentiment Signal: Sell
Current Market Cap: A$9.86M
For an in-depth examination of HIQ stock, go to TipRanks’ Overview page.
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