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bullish

Xero Ltd

Xero (XRO AU): Index Flows Following the Capital Raise

635 Views25 Jun 2025 21:00
Xero is raising A$1.85bn to partially fund its Melio acquisition. The issue price is a 9.4% discount to last and is fully underwritten. Passives will mop up over 20% of the issued shares.
What is covered in the Full Insight:
  • Xero's Capital Raise
  • Melio Acquisition Details
  • Institutional Placement and Share Purchase Plan
  • Stock Price and Short Interest
  • Index Implications and Passive Buying
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