HitIQ Limited Proposes New Securities Issue to Bolster Market Position

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HitIQ Limited Proposes New Securities Issue to Bolster Market Position

HitIQ Limited ( (AU:HIQ) ) has issued an update.

HitIQ Limited has announced a proposed issue of securities, which includes issuing 14,700,000 performance rights and 800,000 fully paid ordinary employee shares. This strategic move is aimed at strengthening the company’s market position and supporting its growth objectives, potentially enhancing its competitive edge in the wearable sports technology sector.

More about HitIQ Limited

HitIQ Limited operates in the technology industry, focusing on advanced wearable technology products designed to enhance safety and performance in sports. The company primarily targets the sports sector, providing innovative solutions to monitor and manage player health and performance.

YTD Price Performance: -16.00%

Average Trading Volume: 266,182

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$15.47M

For detailed information about HIQ stock, go to TipRanks’ Stock Analysis page.

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