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The latest announcement is out from HitIQ Limited ( (AU:HIQ) ).
HitIQ Limited has announced a non-renounceable pro-rata entitlement offer to raise approximately $2.92 million. The offer includes issuing new shares and attaching options, with restrictions on participation for shareholders outside certain countries due to regulatory and cost considerations. The initiative aims to strengthen the company’s financial position, potentially impacting its market operations and stakeholder interests.
More about HitIQ Limited
HitIQ Limited operates in the technology sector and specializes in developing innovative solutions for monitoring and managing head impacts in sports. The company focuses on providing advanced products and services aimed at enhancing player safety and performance, with a market focus on sports organizations and athletes.
Average Trading Volume: 429,840
Technical Sentiment Signal: Sell
Current Market Cap: A$8.02M
Find detailed analytics on HIQ stock on TipRanks’ Stock Analysis page.
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