American Aires (AAIRF) Stock News

American Aires (OTCQB: AAIRF) announced its auditor, AGT Partners LLP, withdrew and resigned effective April 6, 2026, and will not complete the audit or issue an auditor's report for the year ended December 31, 2025.

AGT linked the resignation to a previously disclosed governance and internal control weakness involving United States sales tax compliance; the Audit Committee and Board have started appointing a successor auditor and will file required change notices on SEDAR+.

Aires (OTCQB: AAIRF) entered a one-year Collaboration Agreement with The Ultimate Human, LLC, the brand behind influencer Gary Brecka, to introduce TUH's global wellness audience to Aires' electromagnetic field (EMF) protection solutions.

The agreement began on January 1, 2026 and focuses on education and brand awareness; Aires also highlighted existing partnerships with major sports organizations and athletes to expand consumer reach.

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Aires (OTCQB:AAIRF) announced a marketing collaboration with WWE at Wrestlepalooza on September 20, 2025 at Gainbridge Fieldhouse in Indianapolis. According to the PR, Aires installed Lifetune Zone Max units on each ring post to create an EMF-friendly environment and received multi-channel brand exposure before, during, and after the match.

The PR states the campaign tapped into a reported publishing reach of over 96 million in 72 hours (led by a FOX News digital exclusive with an audience reach of 81.7 million), included stadium Jumbotron ads and a custom 30-second commercial, permanent ring LED branding, WWE social promotions, and post-event coverage on ESPN/SportsCenter social. The company says it measured attributable increases in website visits and product sales during the event.

American Aires (OTCQB: AAIRF) announced the resignation of Dimitry Serov from its Board of Directors ahead of the company's Annual General Meeting (AGM) scheduled for September 18, 2025. The resignation follows determinations made by the Special Committee regarding Serov's conduct as a director and officer, as disclosed in the August 29 press release.

The Board, which had already decided not to support Serov's re-election, will not appoint a replacement director at this time. The reconstituted Board will consist of Drew Green (Chairman and Independent Director), Josh Bruni (Director), and Jamie Cochrane (Independent Director). The company emphasized its commitment to accountability, strong governance practices, and stakeholder transparency.

American Aires (OTCQB: AAIRF), a provider of EMF environment transformation technology, reported strong Q2 2025 financial results with record revenue of $6.0 million, representing a 115% year-over-year growth. The company achieved a 66% gross margin, up from 61% in Q2 2024.

The growth was driven by increased advertising and strategic partnerships with UFC, WWE, Canada Basketball, and professional athletes. However, higher marketing investments led to an adjusted EBITDA loss of $1.8 million, compared to $0.84 million loss in Q2 2024. Notably, the company has withdrawn its 2025 financial guidance due to uncertainties regarding leadership changes, potential legal matters, and operational challenges.

American Aires (OTCQB: AAIRF) announced significant governance actions following a Special Committee review of misconduct by founder Dimitry Serov. The investigation revealed that Serov engaged in serious breaches of fiduciary duties, including improper payments of CAD $230,000 to his deceased father, misappropriation of intellectual property, and undisclosed conflicts of interest involving the company's manufacturer Technano.

The Board has suspended Serov from his positions as President and Chief Product Officer and demanded immediate actions including his resignation, repayment of consulting fees, surrender of 1,777,778 common shares, and transfer of patent rights to the company. Despite these developments, the company maintains its business operations remain unaffected, with key supplier and customer relationships intact.

American Aires (OTCQB: AAIRF) hosted two pioneering events in Las Vegas focused on electromagnetic field (EMF) environments and wellness. The first event, a Demo Day Symposium at UFC's Performance Institute on June 25, 2025, featured discussions on EMF's impact on athletic performance. The second event, the Built For Brilliance Roundtable on June 26, explored environmental wellness with notable participants including UFC fighter Michael Chandler and HGTV host Sarah Baeumler.

The company premiered a video demonstration showing their technology's effects on brain scans and heart rate variability. The events align with Aires' mission to educate about electromagnetic environments as a core health pillar, alongside traditional factors like sleep and nutrition. The content will be used for the company's educational and marketing initiatives.

American Aires (AAIRF) reported strong Q1 2025 financial results with record revenue of $5.38M, representing a 164% year-over-year growth. The company's gross profit increased 184% to $3.48M, with gross margin improving 500 basis points to 65%. Growth was driven by scaled-up advertising and strategic partnerships with UFC, WWE, Canada Basketball, and athletes. Despite increased marketing expenses leading to an adjusted EBITDA loss of $1.56M, management maintained its 2025 guidance of $28M-$32M in sales and adjusted EBITDA ranging from -$2M to +$2M. The company reported cash holdings of $1.55M and inventory of $2.20M as of March 31, 2025. Aires also launched Aires Certified Spaces™ and partnered with Minnesota Timberwolves to create the first EMF-optimized sports arena.