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Amaero Announces Completion of Share Purchase Plan

September 26, 2025 at 08:00 AM EDT

ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

MCDONALD, Tenn., Sept. 26, 2025 (GLOBE NEWSWIRE) -- Amaero Ltd (ASX:3DA) (OTCQB: AMROF) (“Amaero” or the “Company”), a leading U.S. domestic producer of high-value C103, refractory alloy, and titanium powders for additive and advanced manufacturing of components utilized by the defense, space, and aviation industries, has completed its non-underwritten share purchase plan (“SPP”) following the close of the SPP offer at 5.00pm (Sydney time) on Friday, 19 September 2025. This follows Amaero’s successful A$50 million non-underwritten institutional placement which was announced to ASX and successfully completed on Thursday, 21 August 2025 (“Placement”).

A total of approximately A$470,000 was raised under the SPP, with approximately 1,175,000 new fully paid ordinary shares in Amaero (“New Shares”) expected to be issued to participating eligible shareholders on Friday, 26 September 2025 at A$0.40, being the same price paid by investors under the Placement.

New Shares issued under the SPP will rank equally with existing Amaero shares from their date of issue. Proceeds from the SPP will be used to accelerate growth initiatives that had been planned for FY2027 and beyond.

The trading of New Shares issued under the SPP is expected to commence on Monday, 29 September 2025 and holding statements are expected to be despatched to participating eligible shareholders on Tuesday, 30 September 2025.

This announcement has been authorized for release by the Board of Directors.

For further information, please contact:

Amaero Ltd
Hank J. Holland
Chairman and CEO
hank.holland@amaeroinc.com

Media & Investor Enquiries in Australia
Jane Morgan
Director
jm@janemorganmanagement.com.au

Media & Investor Enquiries in United States
Shannon Devine
MZ Group
amaero@mzgroup.us

About Amaero
Amaero Ltd (ASX:3DA, OTC:AMROF) is an ASX-listed company with manufacturing and corporate headquarters located in Tennessee, U.S. Amaero is a leading U.S. domestic producer of high-value refractory and titanium alloy powders for additive and advanced manufacturing of components utilised by the defense, space, and aviation industries. The technical and manufacturing team brings decades of experience and know-how with pioneering work in gas atomization of refractory and titanium alloys. The Company has commissioned advanced gas atomization technology with an industry leading yield of AM powder. The Company is also a leader in PM-HIP (Powder Metallurgy Hot Isostatic Pressing) manufacturing of large, near-net-shape powder parts with forged-equivalent material properties and microstructure for a variety of alloys. PM-HIP manufacturing is helping alleviate the strained domestic supply chain for large scale castings and forgings.