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HitIQ Limited ( (AU:HIQ) ) has issued an announcement.
HITIQ Limited has successfully completed an oversubscribed placement, raising $925,000 from new and existing sophisticated investors. The funds will be used for the ongoing development and commercialization of its concussion management technology and general working capital. This capital raise, which follows a recent rights issue, positions HITIQ with a solid financial base as it heads into 2026, and underscores the growing momentum and investor confidence in its concussion management solutions.
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 (ASX: HIQ) is a company specializing in concussion management technology. It offers smart mouthguards and software for sports, clinical, and research applications worldwide. Its flagship product, the PROTEQT™ system, is designed to enhance athlete safety by providing comprehensive concussion management solutions across both elite and community sports.
Average Trading Volume: 644,476
Technical Sentiment Signal: Sell
Current Market Cap: A$11.7M
For detailed information about HIQ stock, go to TipRanks’ Stock Analysis page.