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HITIQ Secures $3.6M to Accelerate Consumer Market Pivot and US Expansion

3:35am on Monday 2nd of June, 2025 AEST Technology
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HITIQ Secures $3.6M to Accelerate Consumer Market Pivot and US Expansion

3:35am on Monday 2nd of June, 2025 AEST
Key Points
  • Placement raised $680,000 at 2.2 cents per share with attaching options
  • Non-renounceable rights issue to raise up to $2.92 million, partially underwritten to $1.2 million
  • Funds allocated to manufacturing capacity, US expansion, product enhancement, and R&D
  • Directors participating as sub-underwriters, demonstrating confidence in the raise
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