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HITIQ Limited Issues Shares to Settle Investor Relations Services

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HITIQ Limited Issues Shares to Settle Investor Relations Services

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HitIQ Limited ( (AU:HIQ) ) just unveiled an announcement.

HITIQ Limited, a company listed on the Australian Securities Exchange (ASX: HIQ), has announced the issuance of shares and attaching options to its Investor Relations service provider as a form of payment for services rendered. This move aligns with HITIQ’s strategy to prioritize capital allocation towards business operations. The issuance involves 1,363,637 shares at a price of $0.022 per share and 681,819 options, exercisable at the same price, with an expiration date of December 30, 2028. This decision reflects the company’s ongoing efforts to manage its financial resources efficiently.

More about HitIQ Limited

Average Trading Volume: 306,911

Technical Sentiment Signal: Sell

Current Market Cap: A$8.54M

Learn more about HIQ stock on TipRanks’ Stock Analysis page.

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