EIQ.XA is trading 3.9% down today at $1.53, likely influenced by its announcement of a material capital raising. - Echo IQ (ASX:EIQ) today announced it has raised A$110 million at an 8.8% discount to its last traded price. - This follows a trading halt requested on June 29, 2026, ahead of the funding announcement. - The capital raising comes after a significant rally last week, including a jump from $1.24 to $1.60.