The latest update is out from HitIQ Limited ( (AU:HIQ) ).
HITIQ Limited has issued 1,000,000 new ordinary shares to settle a $30,000 debt with an external Investor Relations service provider, using its ASX Listing Rule 7.1 placement capacity. This move reflects the company’s strategy to prioritize capital towards business operations, potentially impacting its financial management and stakeholder relations.
More about HitIQ Limited
HITIQ Limited is a global leader in concussion management technologies, offering a range of solutions including sensor-enabled mouthguards, AI-enabled data analytics interfaces, and return-to-play/work support software. Their technology is used by professional and amateur sports players, clinicians, and progressive leagues worldwide, with customers such as the Australian Football League, English Premier League, and National Rugby League.
YTD Price Performance: -40.0%
Average Trading Volume: 286,065
Technical Sentiment Signal: Buy
Current Market Cap: A$11.05M
For an in-depth examination of HIQ stock, go to TipRanks’ Stock Analysis page.