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Matrix Composites Eyes Future as Advanced Innergy Proposes $0.40 Per Share Bid

8:02pm on Monday 30th of March, 2026 AEDT Manufacturing
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Matrix Composites Eyes Future as Advanced Innergy Proposes $0.40 Per Share Bid

8:02pm on Monday 30th of March, 2026 AEDT
Key Points
  • Non-binding indicative acquisition proposal at $0.40 per share
  • Proposal subject to due diligence, regulatory approvals, and documentation
  • Advanced Innergy holds call options over 19.9% of Matrix shares
  • Matrix board currently assessing the proposal with advisers
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