Advanced Innergy Holdings Ltd (Ticker: AIH AU), trading as AIS, is an Australian company specializing in advanced materials for insulation and passive fire protection, including protection parts for undersea pipes and cables serving energy, industrial, automotive, chemical and marine markets. Advanced Innergy plans to list on the ASX on 31 October 2025, offering 150.0m primary shares at AUD 1.00 per share to raise AUD 150.0m (approximately $98.9m). At the offer, the company is valued at about $278.5m. The IPO is managed by Henslow Pty Ltd and Morgans Corp Ltd. AIS operates a global footprint with 20 manufacturing, testing and service facilities and holds an extensive IP portfolio across multiple chemistries and niche applications.