Core Viewpoint - Aeries Technology has successfully restored compliance with Nasdaq's minimum bid price requirement, allowing it to continue trading on the Nasdaq Capital Market without the need for a hearing or appeal process [1]. Group 1: Compliance and Market Position - The company has restored compliance with Nasdaq Listing Rule 5550(a)(2) and will continue trading on the Nasdaq Capital Market [1]. - No hearing or appeal process was necessary, indicating a smooth resolution of the compliance issue [1]. Group 2: Leadership and Strategic Focus - Ajay Khare, the CEO, expressed gratitude for shareholder support and emphasized the company's focus on execution and long-term value creation [2]. - Aeries Technology is committed to strengthening its platform for AI-driven business transformation and Global Capability Center (GCC) delivery [3]. Group 3: Business Model and Services - The company supports private equity partners in scaling and optimizing portfolio companies through digital innovation, operational efficiency, and access to global talent via unique GCC solutions [3]. - Aeries Technology is recognized as a global leader in AI-enabled value creation and business transformation for private-equity portfolio companies [4].

Company Overview - Metallus Inc was renamed in February 2024, formerly known as TimkenSteel Corporation[7] - The company reported net sales of $1.1 billion in 2024[7] - The company's annual melt capacity is approximately 1.2 million tons with a ship capacity of approximately 0.9 million tons[7] Financial Performance and Outlook - In Q4 2024, net sales were $240.5 million with a net loss of $21.4 million and adjusted EBITDA of $8.3 million[20] - The company's total liquidity was $458.6 million at the end of 2024[20] - Capital expenditures are planned to be approximately $125 million in 2025, including approximately $90 million funded by the U S government[20] Market and Strategy - The industrial sector accounts for 40% of shipment tons and 36% of net sales, while the automotive sector accounts for 45% of shipment tons and 42% of net sales in 2024[16] - The company aims to grow A&D product sales to over $250 million in 2026, which is more than double the 2023 sales level[63] - From 2022 through 2024, the company repurchased 6.7 million shares for $122.2 million, with $102.8 million available for repurchase at the end of December 2024[71] Environmental Goals - The company is targeting a 40% absolute reduction in combined Scope 1 and Scope 2 GHG emissions by 2030, compared with a 2018 baseline[54]