Amaero confirms plan to operate as US-based company
Amaero has entered into a scheme implementation deed with newly formed, Delaware-based Amaero Inc (Amaero US HoldCo) to pursue a re-domiciliation of Amaero and its subsidiaries (Amaero Group) from Australia to the United States of America. Amaero US HoldCo will become the ultimate parent company of the Amaero Group.
“After months of consideration and planning, commencing the re-domiciliation process is a very significant milestone for Amaero,” stated Hank J Holland, Amaero’s chairman and CEO. “We are fortunate to have had strong institutional and individual investor support in Australia and we will maintain an ASX listing. At the same time, we have taken intentional corporate actions to establish Amaero as a leading US company that is integral to domestic sovereign manufacturing and supply chains for mission-critical applications that support defence, aerospace, nuclear energy, medical and industrial sectors.”
“In response to demand pull, we acted boldly three years ago to establish the largest domestic production capacity and the lowest unit cost production for refractory and titanium alloy spherical powders; moreover, we have demonstrated a leadership position in PM-HIP manufacturing of near-net-shape parts that provides an immediate and viable substitute for castings and forgings. We are committed to working closely with our partners in the US government, the Department of War, the US Navy and our commercial customers to continue to innovate, to integrate and to scale advanced material production and advanced manufacturing,” Holland concluded.
If the scheme becomes effective, all ordinary and unlisted shares in Amaero will be transferred to Amaero US HoldCo.
If successful, the re-domiciliation will position Amaero for a potential initial public offering in the US in 2026 or 2027, depending on market conditions.
These changes are also expected to position the Amaero Group in a larger, deeper defence market in the United States, supporting growth for shareholders. They are also expected to offer access to a broader US investor pool that may not have invested in non-US securities and improve the group’s access to lower-cost US debt and equity capital markets.
