HitIQ Limited (AU:HIQ) has released an update.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
HitIQ Limited has secured additional funding through the extension of its R&D Tax Incentive Loan Facility and a convertible loan, while also achieving a significant milestone with the approval of a second US patent for its Nexus technology. The company has undergone leadership changes and relocated to a new facility in South Melbourne to boost manufacturing capacity from 5,000 to 25-30,000 units annually.
For further insights into AU:HIQ stock, check out TipRanks’ Stock Analysis page.