Result of HIQOA Court Application
Released
Released
Announcement PDF
ASX ANNOUNCEMENT
17 June 2026
Outcome of Court Application
Further to the announcement by HITIQ Limited (HITIQ or the Company) (ASX: HIQ) on 24 February 2026
and requests for voluntary suspension of the Company’s HIQOA Listed Options released on various
dates, HITIQ confirms that on 16 June 2026, the Federal Court of Australia (the Court) heard the
Company’s application seeking orders under section 1322 of the Corporations Act 2001 (Cth) (the Act)
to extend the period set out in section 723(3)(b) of the Act for the admission to quotation by ASX of the
HIQOA Listed Options issued pursuant to the prospectus dated 15 May 2025.
The Company is pleased to confirm that the Court has granted all orders that were sought. A sealed
copy of the orders is annexed to this announcement.
HITIQ wishes to thank all shareholders for their continued understanding and patience as we have
been working to resolve this in the most timely and effective manner possible.
About PROTEQT™
PROTEQT™, co-developed with Shock Doctor, is HITIQ's concussion management and athlete safety
solution that delivers real-time head impact data through an instrumented mouthguard and analytics
platform.
About HITIQ
HITIQ Limited (ASX: HIQ) develops concussion management and athlete safety technology for sport,
clinical, and research applications worldwide. The company combines smart mouthguards and
analytics platforms to deliver data-driven safety solutions.
Authorised for release by the Board of HITIQ Limited
For further information, contact: investors@hitiq.com
Forward-Looking Statements Disclaimer
This announcement may contain forward-looking statements. Such statements involve known and
unknown risks, uncertainties, and other factors that may cause actual outcomes to differ materially.
HITIQ does not undertake any obligation to update forward-looking statements, except as required by
law.
Prepared in the Victoria Registry, Federal Court of Australia
Owen Dixon Commonwealth Law Courts Building, Level 7, 305 William Street, Melbourne, Telephone 1300 720 980
Federal Court of Australia
District Registry: Victoria Registry
Division: General No: VID445/2026
HITIQ LIMITED
Plaintiff
ORDER
REGISTRAR: Registrar Curnow
DATE OF ORDER: 16 June 2026
WHERE MADE: Melbourne
THE COURT ORDERS AND DECLARES THAT:
1. Pursuant to s 1322(4)(d) of the Corporations Act 2001 (Cth) (Act), the period set out
in ss 723(3)(b) of the Act for admission to quotation on the ASX of the 16,135,199
Underwriter Options and 6,181,818 Broker Options issued by the plaintiff (HITIQ)
pursuant to the Secondary Offers the subject of the prospectus dated 15 May 2025
(Securities) be extended nunc pro tunc to 24 December 2025.
2. Pursuant to s 1322(4)(a) of the Act, the issue by HITIQ of the Securities is not invalid
by reason of the Securities not having been admitted to quotation on the Australian
Securities Exchange (ASX) within the time period referred to in sub-section 723(3)(b)
of the Act.
3. HITIQ, as soon as reasonably practicable, serve a sealed copy of the orders reflecting
the matters in paragraphs 1 and 2 above (Orders) on:
(a) the Australian Securities and Investments Commission;
(b) ASX Limited; and
(c) each person to whom the Underwriter Options and the Broker Options were
issued.
- 2 -
Prepared in the Victoria Registry, Federal Court of Australia
Owen Dixon Commonwealth Law Courts Building, Level 7, 305 William Street, Melbourne, Telephone 1300 720 980
4. HITIQ, as soon as reasonably practicable, is to lodge an announcement on the ASX
Market Announcements Platform which attaches a sealed copy of the Orders.
5. For a period of 28 days from the date of publication of a copy of the Orders on the
ASX Market Announcements Platform, any person who claims to have suffered
substantial injustice or is likely to suffer substantial injustice by the making of any or
all of the Orders has liberty to apply to vary or to discharge them within that period.
6. There be no order as to costs.
Date orders authenticated: 16 June 2026
Note: Entry of orders is dealt with in Rule 39.32 of the Federal Court Rules 2011.
Subsection 35A (5) of the Federal Court of Australia Act 1976 (the Act) provides that a party to proceedings in
which a Registrar has exercised any of the powers of the Court under subsection 35A (1) of the Act may, within
the time prescribed by the Rules of Court, or within any further time allowed in accordance with the Rules of
Court, apply to the Court to review that exercise of power.
Rule 3.11 provides that a party may apply to the Court under subsection 35A (5) of the Act for review of the
exercise of a power of the Court by a Registrar and that any application must be made within 21 days after the
day on which the power was exercised. A party seeking a review can apply to the Court to dispense with any
requirement of the Rules (Rule 1.34).
Share your feedback
Discover