IPOs & Listings
Amaero Prices US IPO at $4.25 Per Share for Nasdaq Listing Under AMRO
By News Desk ·
Key takeaways
- Amaero priced its US initial public offering at $4.25 per share for 4,705,883 shares of common stock.
- The shares are expected to begin trading on the Nasdaq Capital Market on October 15, 2026 under the ticker symbol AMRO.
- Amaero intends to use up to approximately $10.0 million of net proceeds to purchase capital equipment over the next 12 months.
Amaero Inc. priced its U.S. initial public offering at $4.25 per share for 4,705,883 shares of common stock, with Baird acting as lead bookrunning manager. The company announced the pricing on October 14, 2026, according to GlobeNewswire.
Amaero Sets Terms for Nasdaq Listing
Amaero granted the underwriters a 30-day option to purchase up to an additional 705,882 shares of common stock at the initial public offering price, less underwriting discounts and commissions. The shares are expected to begin trading on the Nasdaq Capital Market on October 15, 2026 under the ticker symbol "AMRO." The offering is expected to close on October 16, 2026, subject to the satisfaction of customary closing conditions.
Amaero intends to use up to approximately $10.0 million of the net proceeds to purchase capital equipment over the next 12 months. The remaining proceeds will be used for general corporate purposes, including working capital, operating expenses, and research and development.
Baird is acting as lead bookrunning manager for the offering, and Lake Street is acting as an additional bookrunning manager. A Registration Statement on Form S-1 (File No. 333-298612) relating to these securities was declared effective by the U.S. Securities and Exchange Commission on October 14, 2026.
Amaero's Funding and Contract Records
Amaero secured a US$23.5 million loan commitment from the U.S. Export-Import Bank under the Make More in America Initiative, the first Ex-Im Bank loan approved for advanced materials and additive manufacturing, to finance capital equipment at the Tennessee facility, according to akta.pro company records. The same records show Amaero raised A$98.5 million over three years. The company reported over $18 million contracted for FY2026, including a $7.8 million titanium powder contract for FY2027, a $4.6 million refractory powder order, and a $22 million supply agreement with Velo3D.
| Funding and contract figures | Amount |
|---|---|
| Capital raised over three years | A$98.5 million |
| Ex-Im Bank loan commitment | US$23.5 million |
| Contracted for FY2026 | Over $18 million |
| Titanium powder contract for FY2027 | $7.8 million |
| Refractory powder order | $4.6 million |
| Velo3D supply agreement | $22 million |
Amaero's Path to the Offering
Amaero postponed its U.S. initial public offering due to adverse market conditions in September 2026, with its Form S-1 registration statement not yet declared effective, according to Stock Titan. Earlier that month, Metal-am reported Amaero filed for a $52.6 million IPO and Nasdaq listing, offering 7,456,500 shares at $7.06 each, with expected net proceeds of about $46.1 million for equipment purchases and working capital. In August 2026, 3DPrint.com reported Amaero was expanding metal powder production capacity at its Tennessee facility to support the U.S. additive manufacturing supply chain for defense and aerospace sectors.
Amaero's Expected Closing Date
The offering is expected to close on October 16, 2026, subject to the satisfaction of customary closing conditions.