Amaero Inc.

What the company does

Amaero Inc. is a U.S.-based producer of high-value refractory and titanium alloy spherical metal powders for additive manufacturing and advanced manufacturing, and a pioneer in Powder Metallurgy Hot Isostatic Pressing (PM-HIP) manufacturing of large near-net-shape components. Its core technology platform centers on the Electrode Induction Melting Inert Gas Atomizer (EIGA), a crucible-free gas atomization technology for producing high-purity titanium and refractory alloy powders. The company is headquartered in Tennessee and positions itself at the intersection of U.S. national security priorities, AM technology, and reshoring of domestic supply chains.

Use of proceeds

The company estimates net proceeds of approximately $15.7 million (or approximately $18.5 million if the underwriters exercise their option in full) at the IPO price of $4.25 per share. It intends to use up to approximately $10.0 million of the net proceeds to purchase capital equipment over the next 12 months, with the remaining proceeds used for general corporate purposes, including working capital, operating expenses, and research and development. A portion may also be used for acquisitions or investments, though no agreements or commitments are in place.

Underwriters

Extracted from 424B4 0001193125-26-422334, filed Oct 15, 2026 and verified against that filing text.

Key risk factors

• History of operating losses and need for additional funding

  “We have a history of operating losses, expect to incur continuing losses in the future and will need to obtain additional funding for our operations.”

• Need to scale production capacity

  “Our continued growth depends on our ability to scale our refractory and titanium alloy powder production and PM-HIP manufacturing capacity.”

• Single-facility concentration risk

  “Because all of our manufacturing is concentrated at a single facility, any significant disruption at such facility could adversely affect our entire business and financial results.”

• Material weakness in internal controls

  “We have identified a material weakness in our internal control over financial reporting.”

• Limited analyst coverage

  “If U.S. securities or industry analysts do not publish research reports about our business, or if they issue an adverse opinion about our business, the market price and trading volume of our common stock could decline.”

• No anticipated dividends

  “We do not anticipate paying dividends in the foreseeable future.”