Amaero Ltd has announced that its schemes of arrangement to re-domicile to the State of Delaware in the United States have become effective. An office copy of the orders made by the Federal Court of Australia approving the schemes was lodged with the Australian Securities and Investments Commission (ASIC) on June 11, 2026. Consequently, Amaero shares were suspended from trading on the ASX at the close of business on June 11, 2026.

The Federal Court of Australia, per Justice Owens, approved the scheme of arrangement between Amaero and its shareholders, as well as the scheme between Amaero and its option holders, on June 10, 2026. The orders were made pursuant to section 411(4)(b) of the Corporations Act 2001 (Cth). The company was also exempted from compliance with section 411(11) of the Corporations Act in relation to the approved schemes.

Implementation Timetable

The re-domiciliation process follows a strict schedule leading to the implementation of the schemes. Amaero US HoldCo CHESS Depository Interests (CDIs) are scheduled to commence trading on a deferred settlement basis on June 12, 2026. The record date for determining entitlements to the consideration under the schemes is set for 7:00pm (Sydney time) on June 15, 2026.

Waiver and Option Cancellation

To facilitate the re-domiciliation, the Australian Securities Exchange (ASX) previously granted Amaero a waiver from Listing Rule 6.23.2 on June 9, 2026. This waiver allowed the company to cancel 107,295,119 options without separate shareholder approval. The options were cancelled in exchange for the grant of options in Amaero US HoldCo, replacing the entitlement to receive one Amaero ordinary share with an entitlement to receive one CHESS Depository Interest conferring a beneficial interest in 1/40th of a share of common stock in Amaero US HoldCo.

The ASX confirmed the waiver was standard in accordance with ASX Guidance Note 17. The implementation of the schemes on June 22, 2026, marks the completion of the company's transfer of domicile to the U.S.