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HitIQ Limited ( (AU:HIQ) ) has provided an announcement.
HitIQ Limited has announced a successful placement, raising $900,000 through the issuance of 40,909,092 fully paid ordinary shares and 20,454,544 options. This capital raise is expected to enhance the company’s financial position and support its strategic initiatives in the sports technology sector.
The most recent analyst rating on (AU:HIQ) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on HitIQ Limited stock, see the AU:HIQ Stock Forecast page.
More about HitIQ Limited
HitIQ Limited operates in the technology industry, focusing on developing advanced impact sensor technology and analytics solutions. The company primarily targets the sports sector, providing products designed to monitor and manage athlete health and safety, particularly in relation to head impacts.
Average Trading Volume: 672,796
Technical Sentiment Signal: Sell
Current Market Cap: A$11.21M
Learn more about HIQ stock on TipRanks’ Stock Analysis page.