Deal Details

Amaero Completes Initial Public Offering

Industrial

Amaero initial public offering

Summary

Amaero Inc. (‘Amaero” or the “Company”) (Nasdaq: AMRO) recently announced the pricing of its initial public offering of 4,705,883 shares of its common stock at a public offering price of $4.25 per share (the “Offering”). Amaero has granted the underwriters a 30-day option to purchase up to an additional 705,882 shares of its common stock.

Amaero intends to use up to approximately $10.0 million of the net proceeds of the Offering to purchase capital equipment over the next 12 months with the remaining proceeds to be used for general corporate purposes.

Baird served as the Lead Bookrunner on the Offering.

Key Offering Metrics

Pricing Date - October 14, 2026
Exchange / Ticker - Nasdaq / AMRO
Offer Price - $4.25
Base Offering Size - $20.0 million (100% primary)
Overallotment Option - $3.0 million (100% primary)
Total Offering Size - $23.0 million
Diluted Market Cap - $121 million
Enterprise Value - $120 million
Execution - 3-day roadshow

About

Amaero is a leading U.S.-based producer of high-value refractory and titanium alloy spherical metal powders for additive manufacturing (“AM”) and advanced manufacturing, and a pioneer in Powder Metallurgy Hot Isostatic Pressing manufacturing of large near-net-shape components. Amaero occupies a strategically critical position at the intersection of U.S. national security priorities, AM technology and the domestic reshoring of imperative U.S. supply chains. Amaero is headquartered in McDonald, Tennessee.

Industrial

Amaero initial public offering