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Why Did Matrix Composites Reject AIS’s 80% Merger Offer?

2:21pm on Tuesday 3rd of June, 2025 AEST Industrial Engineering
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Why Did Matrix Composites Reject AIS’s 80% Merger Offer?

2:21pm on Tuesday 3rd of June, 2025 AEST
Key Points
  • Matrix rejects AIS reverse merger proposal
  • Proposed shareholding split seen as unfair to Matrix shareholders
  • Merger highly conditional on significant capital raising
  • Matrix confident in standalone growth and capital strength
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