ATTN LogoMenu
8KTier 8
기사 목록

AIR INDUSTRIES GROUP 8K

0001213900-26-076769

View on SEC EDGAR

Air Industries Group amended and restated its merger agreement with Tenax Aerospace to fix share consideration and price, mandate a 1-for-5 reverse stock split, eliminate a planned tender offer, and support continued NYSE American listing and a forthcoming Form S-4 registration.

On July 9, 2026, Air Industries Group announced that it entered into an Amended and Restated Agreement and Plan of Merger with Tenax Aerospace Acquisition, LLC on July 2, 2026, replacing their original February 16, 2026 merger agreement, to address NYSE American listing requirements by fixing the merger consideration at 126,900,000 shares of Air Industries common stock (25,380,000 post–1-for-5 reverse split shares) at a fixed Debt Adjusted AIR Share Price of $3.05 per share ($15.25 post-split), requiring a 1-for-5 reverse stock split with a corresponding reduction in authorized shares and rounding up of fractional shares, and eliminating a previously contemplated tender offer for up to one million Air Industries shares; the company also disclosed its intention to file a Form S-4 to register the additional shares to be issued in the merger.

Filing Facts

CIK
1009891
Ticker
-
Form
8K
Source Type
sec
Accession
0001213900-26-076769
Alert Tier
8
AIR INDUSTRIES GROUP 8K | ATTN