Matrix Composites & Engineering has agreed to a full acquisition by Advanced Innergy Holdings at $0.40 per share, delivering shareholders a premium of up to 68% over recent trading prices. The deal, backed unanimously by Matrix’s board, awaits shareholder and court approval with completion targeted for July 2026.
5E Advanced Materials has filed an SEC amendment to increase its public offering by $6 million, signalling a strategic move to bolster its capital base.