Powder producer Amaero completed its Nasdaq IPO, issuing 4.706 million shares. Priced at $4.25 per share, the offering raised $20 million in gross proceeds. After fees, net proceeds were approximately $15.7 million, trading under the ticker AMRO. The company relocated from Australia to the United States, previously trading on the ASX under the ticker 3DA. Its Tennessee plant currently has an annual capacity of 680 tons, with a fourth facility scheduled to come online in June 2027. The company anticipates it will still require additional capital in 2027.