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HITIQ Clears $1.47M RDTI Debt After $1.6M Tax Incentive Boost

1:18pm on Tuesday 14th of January, 2025 AEDT Technology
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HITIQ Clears $1.47M RDTI Debt After $1.6M Tax Incentive Boost

1:18pm on Tuesday 14th of January, 2025 AEDT
Key Points
  • Received approximately $1.6 million from R&D Tax Incentive Scheme
  • Repaid $1.472 million principal, costs, and interest on RDTI Facility
  • Rolled remaining $86,000 into a new 2025 RDTI Facility
  • RDTI Facility arranged with Keystone Capital Partners
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