HITIQ Secures New $800,000 R&D Loan Facility for 2025
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HITIQ Limited has secured an $800,000 R&D loan facility for the 2025 financial year, with a 15% interest rate and a maturity date of 365 days from the agreement. This funding aims to enhance HITIQ's operational capacity and competitiveness in the brain care solutions market, which includes products like sensor-enabled mouthguards. The company's current market cap is A$16.21M, and it has experienced a year-to-date price performance decline of 12%.
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