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HitIQ Limited ( (AU:HIQ) ) has issued an announcement.
HITIQ Limited has secured a loan facility with Rockford RDF Pty Ltd to gain early access to $800,000 from its forecast 2025 R&D Tax Incentive. This immediate fund access strengthens HITIQ’s financial position, allowing it to focus on its strategic priorities. The loan, based on incurred R&D expenses and expected tax incentives, will be repaid upon receiving the 2025 R&D Tax Incentive refund by December 2025.
More about HitIQ Limited
HITIQ Limited is a company specializing in brain care solutions through advanced technologies. It offers products such as sensor-enabled mouthguards and AI-driven data analytics interfaces, as well as support software for safe return to play or work. Its technology aids in making data-driven decisions for sports players who experience brain impacts, supporting clinicians in brain care, and enhancing concussion management policies. HITIQ’s clients include major sports leagues like the AFL, EPL, and NRL, and various universities and research organizations.
YTD Price Performance: -12.00%
Average Trading Volume: 262,557
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$16.21M
For an in-depth examination of HIQ stock, go to TipRanks’ Stock Analysis page.
