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Xref Ltd ( (AU:XF1) ) just unveiled an update.
Xref Limited announced the results of its 2025 Annual General Meeting, where all resolutions were passed except for the special resolution to approve a 10% placement facility, which did not achieve the required 75% approval. The meeting included the re-election and election of directors, approval of the remuneration report, ratification of previous share placements, and approval of the incentive plan. The rejection of the 10% placement facility could impact the company’s ability to raise additional capital, potentially influencing its future growth strategies.
More about Xref Ltd
Xref Limited operates in the technology industry, focusing on providing automated reference checking services. The company is listed on the Australian Securities Exchange under the ticker ASX:XF1 and is headquartered in Sydney, Australia.
Average Trading Volume: 80,945
Technical Sentiment Signal: Sell
Current Market Cap: A$34.11M
Learn more about XF1 stock on TipRanks’ Stock Analysis page.