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* Shares of Amaero fall 21.8% to A$0.215, on track for worst day since late September 2022 if trends hold * Stock hits lowest level since September 16 * Alloy powder producer postpones plans for its US initial public offering, citing adverse market conditions * About 2.3 mln shares change hands, 1.4x the 30-day average
Amaero postponed its planned U.S. initial public offering, citing adverse market conditions. A Registration Statement on Form S-1 for the proposed offering of securities was filed with the SEC under File No. 333-298612 but has not been declared effective. Disclaimer: This news brief was created by Public Technologies (