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HITIQ Secures Additional $200,000 for R&D Initiatives

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HITIQ Secures Additional $200,000 for R&D Initiatives

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The latest update is out from HitIQ Limited ( (AU:HIQ) ).

HITIQ Limited has announced an additional $200,000 drawdown from its existing R&D Tax Incentive loan facility with Rockford RDF Pty Ltd, bringing the total to $1,220,000. This move provides the company with early access to funds for its 2025 financial year R&D activities, with repayment expected upon receipt of the R&D Tax Incentive refund by the end of the year.

More about HitIQ Limited

HITIQ Limited is a leader in concussion management technology, focusing on developing innovative solutions to address head injuries in sports and other activities.

Average Trading Volume: 554,133

Technical Sentiment Signal: Sell

Current Market Cap: A$6.11M

Find detailed analytics on HIQ stock on TipRanks’ Stock Analysis page.

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