Result of HIQOA Court Application
| Stock | HITIQ Ltd (HIQ.ASX) |
|---|---|
| Release Time | 17 Jun 2026, 11:45 a.m. |
| Price Sensitive | Yes |
Federal Court Grants HITIQ Extension for HIQOA Options Admission
- HITIQ's application to extend the admission period for HIQOA options was successful
- The extension applies to 16,135,199 Underwriter Options and 6,181,818 Broker Options
- HITIQ must notify ASIC, ASX, and option holders of the court's orders
HITIQ Limited (ASX: HIQ) announced that the Federal Court of Australia has granted their application to extend the period for admitting the HIQOA Listed Options to quotation on the Australian Securities Exchange (ASX). The extension applies to the 16,135,199 Underwriter Options and 6,181,818 Broker Options issued pursuant to the prospectus dated 15 May 2025. The court's orders were made on 16 June 2026. HITIQ must now serve a sealed copy of the orders on the Australian Securities and Investments Commission, ASX Limited, and each option holder. The company also needs to publish an announcement on the ASX Market Announcements Platform attaching a sealed copy of the orders.
HITIQ looks forward to resolving the matter and continuing to provide its concussion management solutions.