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HitIQ Limited ( (AU:HIQ) ) just unveiled an announcement.
HitIQ Limited has requested an immediate extension to the voluntary suspension of its HIQOA listed options on the ASX while it finalises a Federal Court application under section 1322 of the Corporations Act. The application seeks more time for the ASX quotation of options issued under a May 2025 prospectus, and the company says the suspension supports compliance with its continuous disclosure obligations.
The suspension of the options is expected to remain in place until the earlier of 31 March 2026 or the release of a market announcement on the court outcome, which HitIQ anticipates will occur before trading starts on that date. The move signals a temporary limitation on trading in the options while legal and regulatory issues are resolved, with the company stating it is unaware of any reasons the suspension should not be granted or of any additional information needed by the market.
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 is an Australian-listed technology company focused on sports-related products, with its securities, including HIQOA listed options, quoted on the ASX. The company operates under the Australian corporate and securities law framework and is subject to ASX listing and continuous disclosure obligations in managing its capital market instruments.
Average Trading Volume: 440,258
Technical Sentiment Signal: Sell
Current Market Cap: A$9.49M
For a thorough assessment of HIQ stock, go to TipRanks’ Stock Analysis page.