Transaction - Amaero Inc. $21,300,000 Follow-on and Uplisting

Lake Street is pleased to announce that it served as joint bookrunner for Amaero Inc. (Nasdaq: AMRO) in its initial public offering and listing on Nasdaq of 4,705,883 shares of its common stock at a public offering price of $4.25 per share, representing approximately $20.0 million in gross proceeds. In addition, the underwriters exercised their option to purchase an additional 306,814 shares of common stock at the initial public offering price, less underwriting discounts and commissions, bringing total gross proceeds to approximately $21.3 million. The shares began trading on Nasdaq on October 15, 2026, and the offering closed on October 16, 2026. Amaero intends to use up to approximately $10.0 million of the net proceeds to purchase capital equipment, with the remaining proceeds allocated toward general corporate purposes, including working capital, operating expenses, and research and development.

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