EchoIQ Option Rights Lapse Affecting Stocks
Company Announcements

EchoIQ Option Rights Lapse Affecting Stocks

EchoIQ Limited (AU:EIQ) has released an update.

EchoIQ Limited has announced the cessation of 1,000,000 options due to unmet conditions, effective April 5, 2024. The options, expiring in 2028 with an exercise price of $0.55, lapsed as the pre-set criteria were not satisfied. This development could impact EchoIQ’s stock and investors’ portfolios.

For further insights into AU:EIQ stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!