Shaw and Partners

Shaw and Partners is pleased to be appointed as Joint Lead Manager and Bookrunner to a capital raising by AML3D Limited (ASX.AL3).

AML3D raised A$30.0 million via a two-tranche institutional placement comprising:

an unconditional placement of approximately $17.9 million through the issuance of 94.2 million new fully paid ordinary shares (“New Shares”) under the Company’s existing placement capacity in accordance with ASX Listing Rule 7.1 and 7.1A (“Tranche 1”); and
a conditional placement of approximately $12.1 million through the issuance of 63.7 million New Shares subject to Shareholder Approval at AML3D’s Extraordinary General Meeting expected to be held on the 20th December 2024 (“Tranche 2”) (together the “Placement” or the “Offer”).
New securities issued under the Offer were issued at $0.19 per share. The Offer Price reflects a: 17.4% discount to the last traded price on 19 November 2024 of A$0.23; a 18.1% discount to 5-day VWAP of $0.232 and a 13.9% discount to 10-day VWAP of $0.221.

Proceeds will be used to more than double US manufacturing capacity, expand existing manufacturing hubs, establish a facility in the European market, further invest in developing software and technology for ARCEMY systems, and accelerate global growth opportunities for the Company.

AML3D is a welding, metallurgical science, robotics, and software business which uses automated wire fed 3D printing in a large free-form environment to produce metal components and structures for commercial use. AML3D combines a deep understanding of state-of-the-art welding science, robotics automation, materials engineering, and proprietary software to produce an automated 3D printing system operating in a freeform environment.

The Company is expecting significant growth in US demand following the award, the by US Department of Defence, of a US$951 million contract to Blue Forge Alliance to boost the US Navy's submarine industrial base.

This offer is available to Wholesale investors only (as that term is defined in the Corporations Act). Shaw and Partners Limited acted as Joint Lead Manager for AML3D Limited in relation to the offer and received fees for that service.