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HitIQ Limited ( (AU:HIQ) ) has provided an announcement.
HitIQ Limited has asked the ASX to extend the voluntary suspension of its HIQOA listed options as it moves to resolve a technical issue linked to their admission to quotation. The options were issued under a 15 May 2025 prospectus and are currently suspended while the company seeks to regularise their status.
The company is finalising an application to the Federal Court under section 1322 of the Corporations Act to extend statutory time periods governing ASX quotation of the options. HitIQ expects to lodge the application imminently and aims to lift the suspension by 30 April 2026 or earlier, once court orders are obtained and an accompanying market announcement is released, helping it manage continuous disclosure obligations and reduce uncertainty for option holders.
More about HitIQ Limited
HitIQ Limited is an Australian technology company listed on the ASX that develops products and services related to sports technology and athlete welfare. The company’s securities include HIQOA listed options, which were issued under a prospectus and are quoted on the Australian Securities Exchange as part of its capital structure.
Average Trading Volume: 466,968
Technical Sentiment Signal: Sell
Current Market Cap: A$9.83M
See more insights into HIQ stock on TipRanks’ Stock Analysis page.