Xamble Completes $670k Placement to Fund YToday Integration
Xamble Group completes A$0.67 million placement to fund YToday integration
Xamble Group (ASX: XGL) has completed a placement raising approximately A$0.67 million (before costs) to accelerate the integration of YToday Sdn Bhd and support its path to profitability. The placement, finalised on 4 May 2026, involved the issue of 60,592,369 new CDIs at A$0.011 per CDI, each accompanied by one free-attaching listed option (ASX: XGLO).
The placement attracted binding commitments from both existing securityholders and new sophisticated investors. Tranche 1 settlement is expected on Tuesday, 12 May 2026, with allotment and trading commencing Thursday, 14 May 2026.
Fresh capital provides immediate runway to execute the YToday integration, a key strategic priority for the company’s Southeast Asian expansion.
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Use of proceeds and integration priorities
Funds raised from the placement will be applied across two primary objectives:
- Integration of YToday Sdn Bhd into Xamble’s proprietary platform, including migration of YToday’s client lists, campaign workflows, and influencer database into Xamble’s automation infrastructure.
- General working capital to provide balance sheet flexibility and support broader business development initiatives across Southeast Asia as the company scales its creator economy platform.
The integration aims to drive down working capital costs across the combined group. The YToday integration is designed to consolidate operations and unlock efficiencies, supporting the company’s stated path to profitability.
Placement structure and pricing
The placement was structured across two tranches with distinct settlement conditions.
Tranche 1 raised approximately A$0.57 million via 51,502,369 new CDIs and 51,502,369 options. This tranche was unconditional and issued under the company’s existing placement capacity under ASX Listing Rules 7.1 and 7.1A.
Tranche 2 is expected to raise approximately A$0.10 million via 9,090,000 new CDIs and 9,090,000 options. This tranche is conditional, subject to securityholder approval at the Annual General Meeting expected on Thursday, 28 May 2026. Tranche 2 is allocated to Chairman Mr Ganesh Bangah.
The issue price of A$0.011 represented a 15% discount to the last traded price of A$0.013. Including the value of the free-attaching XGLO option (last traded at A$0.003), the effective entry price was A$0.008, representing a 38% discount to last traded price.
New XGLO options are exercisable at A$0.025, expiring August 2028. New CDIs and options issued under the placement rank equally with existing XGL CDIs and listed XGLO options.
| Tranche | Amount Raised | CDIs Issued | Options Issued | Condition |
|---|---|---|---|---|
| Tranche 1 | ~A$0.57M | 51,502,369 | 51,502,369 | Unconditional |
| Tranche 2 | ~A$0.10M | 9,090,000 | 9,090,000 | AGM approval required |
What is a placement with free-attaching options?
A placement is a capital raising method where a company issues new shares (or CDIs) directly to selected investors without a public offer. This approach allows companies to access funding quickly from institutional or sophisticated investors.
Free-attaching options are bonus options given to investors for participating in the placement. These options allow holders to buy additional shares at a set price (the exercise price) before the expiry date.
In this placement, investors received one XGLO option for every CDI purchased, giving them the right to acquire additional CDIs at A$0.025 until August 2028. Free-attaching options provide upside participation for investors if the share price rises above the exercise price, while also potentially providing the company with additional future capital if options are exercised.
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Chairman signals confidence with path to profitability in focus
Ganesh Bangah, Chairman
“We are very pleased with the strong support from both existing securityholders and new investors in this Placement. This placement is a clear reflection of growing confidence in Xamble’s strategy and the quality of what we have built.”
“The funds raised will be put to work immediately on the integration of YToday into our platform. We have a clear execution plan, a growing pipeline of enterprise client wins, and the additional balance sheet support. Together, these put us firmly on track to deliver growth.”
Management’s tone signals execution confidence. The company’s AI transformation is slated to deliver A$700,000+ in annualised cost savings, providing a quantified efficiency pathway supporting the profitability objective.
Lead manager and fees
ELI Capital Pty Ltd (AFSL 700034) acted as Lead Manager to the placement. The fee structure comprises:
- Capital raising fee: 5.0% of funds raised by Eli Capital and its network (cash)
- Management fee: 1.5% of total amount raised (cash, not applicable to company-introduced funds)
- Engagement fee: A$5,000 (cash)
- Broker options: 6,000,000 XGLO options issued to Eli Capital for distribution to supporting brokers and sub-underwriters
The fee structure is standard for a micro-cap placement. Broker options align intermediary interests with share price performance, as they carry the same exercise price and expiry terms as investor options.
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