Air Industries Group

Air Industries Group announced an amendment to its merger agreement with Tenax Aerospace, extending the outside date to November 30, 2026, due to SEC review of its registration statement.

Air Industries Group has entered into an Amended and Restated Agreement and Plan of Merger with Tenax Aerospace Acquisition, LLC, superseding the previous agreement and introducing key changes to facilitate the transaction and meet NYSE American listing requirements.

Air Industries Group announced key leadership changes, appointing Scott Glassman as Acting CEO and Brian Drisgula as Vice President of Finance.

Air Industries Group announced the resignation of CEO and President Lou Melluzzo, effective March 11, 2026, with a separation agreement detailing compensation and restrictive covenants.

Air Industries Group secured an Eleventh Amendment to its Loan and Security Agreement with Webster Bank, extending the maturity date of its revolving credit and term loans to September 30, 2026.

Air Industries Group and Tenax Aerospace Acquisition, LLC announce a strategic merger, creating a diversified aerospace and defense company with Tenax shareholders owning approximately 95% of the combined entity.

Air Industries Group reported a reduced net loss in Q3 2025 but faces substantial doubt about its ability to continue as a going concern due to upcoming debt maturities and covenant defaults.

Air Industries Group reported a net loss for Q2 2025, a significant decline in sales, and a debt covenant default, raising substantial doubt about its ability to continue as a going concern.

Air Industries Group's Q1 2025 results reveal a decrease in net sales and an increased net loss compared to Q1 2024, alongside ongoing efforts to address financial and operational challenges.

Air Industries Group saw a significant improvement in gross profit and a reduction in net loss for the third quarter of 2024 compared to the same period last year, despite ongoing financial challenges.

Air Industries Group saw a net income of $298,000 in the second quarter of 2024, a significant improvement compared to a net loss of $395,000 in the same period last year, but faces ongoing concerns about its ability to continue as a going concern.

Air Industries Group reported a net loss of $706,000 for the first quarter of 2024, despite a 12% increase in net sales compared to the same period last year, and faces ongoing concerns about its ability to meet debt covenants.

Air Industries Group reported a net loss of $1.3 million in 2025, faces substantial doubt about its ability to continue as a going concern, and plans a highly dilutive merger with Tenax Aerospace Acquisition.

Air Industries Group saw a revenue increase and backlog growth in 2024, but still reported a net loss, according to its latest 10-K filing.

Air Industries Group has filed an amended annual report on Form 10-K/A, providing details on its directors, executive compensation, and corporate governance for the fiscal year ended December 31, 2023.

Air Industries Group experienced a slight decrease in net sales for fiscal year 2023, while strategically investing in growth and managing financial challenges.

Scott Glassman, Acting CEO and President of Air Industries Group, reported transactions involving common stock and restricted stock units.

Michael Porcelain, Director of Air Industries Group, reported the acquisition of 4,484 common shares.

Director and 10% owner Robert Taglich reported an acquisition of Restricted Stock Units and significant beneficial ownership in common stock, stock options, and convertible notes in AIR Industries Group.

Michael N. Taglich, a Director and 10% owner of Air Industries Group, reported beneficial ownership of common stock, restricted stock units, stock options, and convertible notes.

AIR Industries Group Director Michael Brand filed a Form 4 detailing his direct and indirect beneficial ownership, including a new grant of Restricted Stock Units and existing stock options.

AIR Industries Group Director Michael Porcelain reports updated beneficial ownership of common stock, restricted stock units, and stock options.

Air Industries Group is holding its 2025 Annual Meeting of Stockholders to vote on key proposals including increasing authorized common stock and expanding the equity incentive plan.

Air Industries Group is holding its annual meeting on June 26, 2025, and is seeking stockholder approval for several proposals, including increasing the number of authorized common stock shares and amending the equity incentive plan.

Air Industries Group has filed a definitive proxy statement with the SEC.

Air Industries Group announces its 2024 Annual Meeting of Stockholders to elect directors, amend the equity incentive plan, and ratify the appointment of its independent accounting firm.

Star Equity Holdings and Jeffrey E. Eberwein have increased their beneficial ownership in Air Industries Group to 7.11%.

Charles Frischer has disclosed a 9.4% beneficial ownership stake in Air Industries Group, signaling potential future engagement with management and the board.

Michael N. Taglich has increased his beneficial ownership in Air Industries Group to 14.3% through various transactions including share acquisitions and option exercises.

Robert Taglich has increased his beneficial ownership in Air Industries Group to 10.1% through a series of transactions including purchases and option receipts.

Star Equity Fund and CEO Jeffrey E. Eberwein have disclosed a combined 6.0% beneficial ownership stake in Air Industries Group, citing undervaluation and attractive investment opportunity.

Robert F. Taglich has filed an Amendment No. 3 to his Schedule 13D, detailing changes in his beneficial ownership of Air Industries Group common stock, including shares received for director fees and adjustments from expired options and paid convertible notes.