16 December 2019
Amaero International Ltd (Amaero) - an innovative, Australian-based additive manufacturing specialist – has completed its initial public offering (IPO) and listing on the Australian Securities Exchange (ASX). Coghlan Duffy + Co Lawyers (CD+Co) is proud to have acted as legal adviser to Amaero’s IPO.
Amaero’s shares floated under the ASX ticker code ‘3DA’ at $0.20 per share after completing an oversubscribed offer of shares raising $8m (before costs).
Amaero manufactures large format complex components in metal using laser-based additive manufacturing processes. Additive manufacturing, also known as 3D printing, builds three-dimensional objects from a computer aided design (CAD) model and adding material layer-by-layer. Amaero uses these 3D printing techniques to make components out of metal alloys for its clients across a range of industries including industrial manufacturing, research & development, aerospace and defence.
Amaero’s business was established with the support of Monash University in 2013 to commercialise the opportunities that had been identified by the Monash Centre for Additive Manufacturing. Amaero now has access to facilities in Melbourne, Adelaide and Los Angeles, California, USA.
The CD+Co team, led by Charly Duffy and assisted by Carlie Hodges and Carolin Darmanin, thoroughly enjoyed working with Amaero in respect of its IPO. The CD+Co team leveraged their in-depth experience with ASX-listed clients in navigating the technical IPO process to a successful outcome.
Charly Duffy commented: “It has been fantastic working with such an innovative and progressive team at Amaero. Additive manufacturing is an exciting emerging space so we were delighted to work with Amaero as legal adviser in relation to its IPO. I am really proud of our team’s dedication and equity capital markets skills which enabled us to deliver a great legal result for Amaero.”
For further information, contact:
Charly Duffy | Director
T: +61 3 9614 2444
E: cduffy@cdandco.com.au
Coghlan Duffy + Co is a boutique corporate and commercial law firm based in Melbourne. The firm is proud to work with an enviable list of clients, including prominent Australian start-ups and ASX-listed companies.
A: Level 42, Rialto South Tower, 525 Collins St VIC 3000
T: +61 3 9614 2444
W: cdandco.com.au