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AA Mission Acquisition Corp.(AAM) - 2025 Q2 - Quarterly Report
2025-08-08 20:06
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________________________ to__________________________ Commission File Number: 001-42196 AA Mission Acquisition Corp. (Exact name of registrant as specified i ...
AAM to Present at the J.P. Morgan 2025 Auto Conference on August 12
Prnewswire· 2025-08-08 16:00
Group 1 - American Axle & Manufacturing Holdings, Inc. (AAM) will participate in the J.P. Morgan 2025 Auto Conference on August 12, 2025, with a webcast scheduled for 10:20 a.m. ET [1] - AAM is a leading global Tier 1 Automotive and Mobility Supplier, focusing on Driveline and Metal Forming technologies for electric, hybrid, and internal combustion vehicles [2] - The company is headquartered in Detroit, MI, and operates over 75 facilities across 15 countries, emphasizing a commitment to a safer and more sustainable future [2]
AAM Names David B. Walker to Board of Directors
Prnewswire· 2025-08-08 12:30
Core Insights - American Axle & Manufacturing (AAM) has appointed David B. Walker to its Board of Directors, enhancing the board's expertise in financing, strategy, acquisitions, and investment opportunities [1][2]. Company Overview - AAM is a leading global Tier 1 Automotive and Mobility Supplier, specializing in designing, engineering, and manufacturing Driveline and Metal Forming technologies for electric, hybrid, and internal combustion vehicles [4]. - The company is headquartered in Detroit and operates over 75 facilities across 15 countries, focusing on creating a safer and more sustainable future [4]. Leadership Background - David B. Walker has 35 years of experience in advising global companies and recently served as Vice Chairman of Investment Banking at J.P. Morgan until June 2025 [2]. - His previous roles at J.P. Morgan included Head of the Automotive Group and Global Co-Head of the Diversified Industries Group, indicating a strong background in the automotive sector [2].
AAM Reports Second Quarter 2025 Financial Results
Prnewswire· 2025-08-08 12:00
Year-Over-Year Net Income and Adjusted EBITDA Margin GrowthDETROIT, Aug. 8, 2025 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) today reported its financial results for the second quarter 2025. Second Quarter 2025 Results Sales of $1.54 billion Net income of $39.3 million, or 2.6% of sales Adjusted EBITDA of $202.2 million, or 13.2% of sales Diluted earnings per share of $0.32; Adjusted earnings per share of $0.21 Net cash provided by operating activities of $91.9 million; A ...
AAM to Announce Second Quarter Financial Results on August 8
Prnewswire· 2025-07-25 12:00
DETROIT, July 25, 2025 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will hold a conference call to discuss second quarter financial results and other related matters at 10:00 a.m. ET on Friday, August 8, 2025. A press release announcing the results will be issued before the market opens on the same day and will be available at www.aam.com.To participate by phone, please dial:(877) 883-0383 from the United States (412) 902-6506 from outside the United StatesCallers should r ...
AuMEGA Metals Strengthens Board with Appointment of James Withall
Newsfile· 2025-07-16 10:00
Company Overview - AuMEGA Metals Ltd has appointed Mr. James Withall as a Non-Executive Director, effective August 1, 2025, marking him as the fourth Non-Executive Director of the company [1] - Mr. Withall has nearly thirty years of international experience in mining and exploration, previously serving as CEO of Rupert Resources, where he led the advancement of the Ikkari gold project [4][5] Leadership and Experience - The Chair of the Board, Justin Osborne, expressed enthusiasm for Mr. Withall's appointment, highlighting his diverse experience in the mining sector and his successful leadership at Rupert Resources, which achieved a market valuation nearing CAD $1 billion [2][3] - Mr. Withall emphasized his excitement about joining AuMEGA, noting the company's disciplined team and strategic decision-making that mirrors his previous experience [3] Strategic Positioning - AuMEGA is supported by significant backing from B2Gold and various major global funds, providing a strong and strategic ownership structure [4] - The company is focused on exploring its extensive land package along the Cape Ray Shear Zone, which is recognized as Newfoundland's largest identified gold structure, hosting Equinox Gold's Valentine Gold Project [6][7] Resource Potential - AuMEGA's Cape Ray Shear Zone contains a defined gold mineral resource of 6.1 million tonnes of ore with an average grade of 2.25 g/t, totaling 450,000 ounces of indicated resources, and 3.4 million tonnes of ore with an average grade of 1.44 g/t, totaling 160,000 ounces in inferred resources [8]
AAM Recognizes Top Suppliers with Awards
Prnewswire· 2025-06-18 17:30
Core Points - American Axle & Manufacturing Holdings, Inc. (AAM) recognized top suppliers during its annual Supplier Day event, awarding Supplier of the Year and Supplier Excellence Awards based on delivery, quality, launch performance, innovation, and sustainability [1][2][8] Supplier Awards - Baoding Dongli Machinery Co., Ltd. received the Supplier of the Year Award for Direct Material, recognized for providing 88 iron-casting, steel-forging, and aluminum parts to AAM's facilities in Europe and China, and establishing local warehouses [3] - Steel Dynamics Inc. – Engineered Bar Products Division was awarded the Supplier of the Year Award for Direct Material for supplying nearly 75,000 tons of steel with outstanding quality performance [4] - Okuma America Corporation was honored with the Supplier of the Year Award for Indirect Material for consistently delivering high-quality CNC machine tools that enhance AAM's manufacturing capabilities [5] Supplier Excellence Awards - A total of 13 suppliers received Supplier Excellence Awards for their performance in various categories, including delivery, quality, launch performance, innovation, and sustainability [6][8] - The suppliers recognized for their excellence include Mecanica Garcia Industrial, Warren Industries, Webco Industries, Inc., Bocar, Guangdong Hongteo Technology Co., Ltd., Tubos De Acero De Mexico S.A. (Tenaris), Johnson Electric Otomotiv Ürünleri Limited Şirketi, Wayne Manufacturing, Zouping Tiansheng Metal Technology Co., Ltd., Ansys, Apera AI, Neural Concept, and CEVA Logistics [7][8] Company Overview - AAM is a leading global Tier 1 automotive supplier specializing in driveline and metal forming technologies, supporting electric, hybrid, and internal combustion vehicles, with over 75 facilities in 16 countries [9]
AAM Secures New Business to Support Scout Motors' Iconic SUV and Truck Launch
Prnewswire· 2025-06-11 12:00
Group 1 - American Axle & Manufacturing Holdings, Inc. (AAM) has secured an agreement with Scout Motors to supply front electric drive units (EDUs) and rear e-Beam axles for the upcoming electric Traveler SUV and Terra pickup truck [1] - Both the Scout Traveler SUV and Scout Terra pickup truck will feature a body-on-frame chassis and can be configured with either 100 percent battery electric or gasoline fueled range-extended energy systems [2] - AAM's CEO, David C. Dauch, expressed pride in supporting the Scout brand's revival and emphasized the shared commitment to American design and innovation between AAM and Scout Motors [3] Group 2 - Scout Motors is currently accepting customer order reservations, with initial production of the Traveler and Terra vehicles expected to begin in 2027 [3] - AAM is a leading global Tier 1 automotive and mobility supplier, focusing on driveline and metal forming technologies for electric, hybrid, and internal combustion vehicles [4] - Scout Motors aims to revitalize the iconic Scout brand, which was originally produced from 1961 to 1980, and is dedicated to creating a new era of trucks and rugged SUVs [5]
AAM to Present at the Deutsche Bank 2025 Global Auto Industry Conference on June 11
Prnewswire· 2025-06-06 12:00
Group 1 - American Axle & Manufacturing Holdings, Inc. (AAM) will participate in the Deutsche Bank 2025 Global Auto Industry Conference on June 11, 2025 [1] - AAM's fireside chat presentation is scheduled to be webcast at 1:25 p.m. ET, with a replay available after the event [1] - AAM is a leading global Tier 1 Automotive and Mobility Supplier, focusing on Driveline and Metal Forming technologies for electric, hybrid, and internal combustion vehicles [2] Group 2 - AAM is headquartered in Detroit, MI, and operates over 75 facilities across 16 countries [2] - The company aims to accelerate the future of automotive technology for a safer and more sustainable tomorrow [2]
Northern Graphite Comments on US Department of Commerce Preliminary Decision to Place Tariffs of up to 721% on China Graphite AAM
Newsfile· 2025-05-21 12:15
Core Viewpoint - The U.S. Department of Commerce has made a preliminary decision to impose tariffs of up to 721% on natural and artificial graphite active anode material (AAM) from China, which is a significant development for North American producers, particularly Northern Graphite Corporation [1][2]. Industry Summary - The decision is part of an investigation to determine if the Chinese government is subsidizing graphite AAM production, with a final determination expected around December 5, 2025 [2][4]. - Approximately 90% of AAM upgrading is currently performed in China, prompting other regions to implement tariffs and strategic acts to establish independent supply chains [3]. Company Summary - Northern Graphite is the only current producer of natural graphite in North America and plans to build a battery materials facility in Canada to meet the increasing demand for local and sustainable anode material supply [2][6]. - The company operates the Lac des Iles mine in Quebec and has plans to increase production to cater to the growing demand from industrial customers and North American battery manufacturers [7]. - Northern Graphite also owns several projects, including the Bissett Creek project in Ontario and the Okanjande graphite mine in Namibia, all of which have "battery quality" graphite and are located in politically stable regions [8].