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Material updates from SEC filings (8-K, 10-Q, 10-K) ranked by impact, with no firehose noise.
Entry into a Material Definitive Agreement. Amendment to Merger Agreement On June 8, 2026, Air Industries Group (“ AIR ”) entered into an amendment (the “ Amendment ”) to the Agreement and Plan of Merger, dated as of February 16, 2026, among Tenax Aerospace Acquisition, LLC (“ Tenax ”), AIR and Transitory Air Sub LLC (“ Merger Sub ”) (the “ Merger Agreement ”). The Amendment, which is annexed hereto as Exhibit 10.1, amended the definition of AIR Net Indebtedness (as defined in Section 1.01 of…
Departure of Directors or Certain Officers; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On March 18, 2026, Mr. Scott Glassman was appointed by the Board of Directors of Air Industries Group (the “Company”) to the positions of Acting Chief Executive Officer and President of the Company. Mr. Glassman will also serve as President of each of the Company’s subsidiaries. Mr. Glassman was employed by the Company from 2007 to 2015 in various senior positions in the…
Departure of Directors or Certain Officers; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On March 11, 2026, Mr. Lou Melluzzo resigned from his positions as Chief Executive Officer and President of Air Industries Group, and from all other positions he held within Air Industries Group and its subsidiaries. Mr. Melluzzo’s resignation was not due to any disagreement with the Company relating to any matter relating to the Company’s operations, policies or practic…
Entry Into a Definitive Material Agreement. On February 26, 2026, we, Air Industries Group, entered into an Eleventh Amendment to our Loan and Security Agreement with Webster Bank (“Eleventh Amendment”). In the Eleventh Amendment Webster Bank extended the maturity date of the revolving credit and term loans under the Loan and Security Agreement to September 30, 2026. A copy of the Eleventh Amendment is annexed as Exhibit 10.1 and reference is made thereto for the complete terms and conditions…
Entry into a Material Definitive Agreement. Agreement and Plan of Merger On February 16, 2026, Air Industries Group, a Nevada corporation (“ AIR ”), entered into an Agreement and Plan of Merger (the “ Merger Agreement ”) with Tenax Aerospace Acquisition, LLC, a Delaware limited liability company (“ Tenax ”), and Transitory Air Sub LLC , a Delaware limited liability company and wholly owned Subsidiary of AIR (“ Merger Sub ”), pursuant to which Merger Sub will merge with and into Tenax, with Te…
Unregistered Sales of Equity Securities The disclosure contained in
Results of Operation and Financial Condition. On February 17, 2026, Air Industries Group (the “Company”) issued a press release reporting its preliminary unaudited financial results for the year ended December 31, 2025. The information furnished in this Form 8-K, including Exhibit 99.1 attached hereto, shall not be deemed as “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”), or otherwise subject to the liability of such Section, nor shall it be dee…
Entry Into a Definitive Material Agreement. On December 15, 2025, we, Air Industries Group, entered into a Tenth Amendment to Loan and Security Agreement with Webster Bank (“Tenth Amendment”). In the Tenth Amendment Webster Bank waived the defaults caused by the failure to achieve the required fixed charge coverage ratio for the fiscal quarter ended June 30, 2025, and for exceeding the permitted amount of capital expenditures for the fiscal year ending December 31, 2025. In addition to the wa…
Results of Operation and Financial Condition. On November 14, 2025, Air Industries Group (the “Company”) issued a press release reporting its financial results for the three and nine months ended September 30, 2025. The Company also announced that it will host a conference call to discuss its financial results. The call is scheduled for Monday, November 17, 2025, at 8:00 AM Eastern Time. The conference call number is 877-524-8416 and the call will be available for replay at www.airindustriesg…
Entry Into a Definitive Material Agreement. On September 10, 2025, we, Air Industries Group, entered into the Ninth Amendment to Loan and Security Agreement with Webster Bank (“Ninth Amendment”). In the Ninth Amendment, we agreed that $3,930,000 of the proceeds from our At The Market Offering would be maintained in an interest bearing account at Webster Bank. The funds in this account serve as security for our obligations under the Loan and Security Agreement. A copy of the Ninth Amendment is…
Results of Operation and Financial Condition. On August 14, 2025, Air Industries Group (the “Company”) issued a press release reporting its financial results for the three and six months ended June 30, 2025. The Company also confirmed that it will host a conference call to discuss its financial results. The call is scheduled for August 14, 2025, at 4:30 PM Eastern Time. The conference call number is 877-524-8416 and the call will be made available for replay at www.airindustriesgroup.com. The…
Results of Operation and Financial Condition. On May 15, 2025, Air Industries Group (the “Company”) issued a press release reporting its financial results for the three months ended March 31, 2025. The Company also confirmed that it will host a conference call to discuss its financial results. The call is scheduled for May 15, 2025, at 4:15 PM Eastern Time. The conference call number is 877-524-8416 and the call will be made available for replay at www.airindustriesgroup.com. The information…
Changes in Registrant’s Certifying Accountant On April 16, 2025, Air Industries Group (the “Company”) was notified by Marcum LLP (“Marcum”) that Marcum resigned as the Company’s independent registered accounting firm. On November 1 2024, CBIZ CPAs P.C. (“CBIZ CPAs”) acquired the attest business of Marcum. On April 17, 2025, following the approval of the Audit Committee of the Company’s Board of Directors, CBIZ CPAs was engaged, effectively immediately, as the Company’s independent registered…
Results of Operation and Financial Condition. On March 31, 2025, Air Industries Group (the “Company”) issued a press release reporting preliminary financial results for fiscal year 2024 and for the fourth quarter of 2024. The Company also reported on its growth in bookings and backlog in 2024, noting that new bookings increased by 15% compared to 2023 and that Total Backlog (Funded & Unfunded) now exceeds a quarter of a billion dollars – a new record for the Company. The information furnished…
Entry Into a Definitive Material Agreement. On January 31, 2025, we, Air Industries Group, entered into the Eighth Amendment to Loan and Security Agreement with Webster Bank (“Eighth Amendment”). In the Eighth Amendment Webster Bank relaxed the financial covenants in the agreement, permitted the repayment of our subordinated debt, and expanded our Term Loan by approximately $1.6 million. These funds will be used for the purchase of new state of the art machinery, costing approximately $1.9 mi…
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