AIR Global PLC's prospectus supplement updates a prospectus covering up to 154,623,867 ordinary shares and adds disclosure that its direct, wholly owned subsidiary AIR Limited closed its previously announced offering of $425 million of 7.875% senior unsecured notes due 2031. The indenture for the notes is dated October 1, 2026.
AIR Global PLC and seven other named entities guarantee the notes. The indenture includes covenants concerning debt, liens, restricted payments, asset sales and guarantees of debt, as well as a change-of-control provision. AIR Global PLC's ordinary shares had a last reported sale price of $7.64 per share on September 30, 2026.
AIR Global PLC reported that its direct, wholly owned subsidiary, AIR Limited, closed its previously announced offering of senior unsecured notes on October 1, 2026. The related indenture, dated October 1, 2026, is among AIR Limited, AIR Global PLC and Citibank, N.A., London Branch, as trustee. The offering was conducted pursuant to Rule 144A and Regulation S.
AIR Global PLC’s wholly owned subsidiary AIR Limited priced U.S.$425,000,000 in senior unsecured notes with a five-year term and a 7.875% annual coupon, maturing in 2031. AIR Global PLC and certain of the issuer’s subsidiaries will guarantee the notes on a senior basis.
AIR Limited expects to use the gross proceeds to repay amounts outstanding under its term loan and revolving credit facilities, including related interest, premiums, fees and expenses, and for general corporate purposes. Settlement is expected on or around October 1, 2026, subject to customary closing conditions.
AIR Global PLC's prospectus supplement states up to 154,623,867 ordinary shares and reports that its wholly owned subsidiary AIR Limited priced $425 million aggregate principal amount of senior unsecured notes. The notes have a five-year term, mature in 2031 and carry a 7.875% annual coupon. AIR Global PLC and certain AIR Limited subsidiaries will guarantee the notes on a senior basis.
AIR Limited expects to use gross proceeds to repay amounts outstanding under its term loan and revolving credit facilities, including related accrued interest, premiums, fees and expenses, and for general corporate purposes, including offering costs. The offering is expected to settle on or around October 1, 2026, subject to customary closing conditions.
AIR Global PLC (AIIR) filed a prospectus supplement to its Form F-1, covering up to 154,623,867 ordinary shares, and incorporating information from a concurrent Form 6-K. The Form 6-K reports that wholly owned subsidiary AIR Limited has launched an offering of U.S. dollar‑denominated Rule 144A/Regulation S senior unsecured notes, to be guaranteed on a senior basis by AIR Global PLC and certain subsidiaries. AIR Limited expects to use the gross note offering proceeds to repay amounts outstanding under its term loan and revolving credit facilities, including related interest, premiums, fees and expenses, and for general corporate purposes, including offering expenses, although there is no assurance the notes offering will be completed.
AIR Global PLC (AIIR), through its wholly owned subsidiary AIR Limited, has launched a proposed offering of U.S. dollar‑denominated senior unsecured notes to qualified investors under Rule 144A and Regulation S. The notes will be guaranteed on a senior basis by AIR Global PLC and certain subsidiaries, with final terms such as interest rate and price to be set at pricing, subject to market conditions.
The issuer expects to use gross proceeds primarily to repay amounts outstanding under its term loan and revolving credit facilities, including related interest, premiums, fees and expenses, and secondarily for general corporate purposes and transaction costs. The company states there can be no assurance that the offering or the planned use of proceeds will be completed.
AIR Global PLC (AIIR) filed a prospectus supplement to its Form F-1, covering the offering of up to 154,623,867 ordinary shares and incorporating a recent Form 6-K. The Form 6-K describes that on September 10, 2026, AIR Global PLC fully settled a forward purchase agreement with Harraden Circle funds covering 5,000,000 shares.
Harraden sold 2,970 shares in the open market and paid the Company $31,152.02, then returned the remaining 4,997,030 “Recycled Shares”, which the Company cancelled. As a result, all obligations under the forward purchase agreement are satisfied. AIR Global’s ordinary shares trade on Nasdaq under the symbol AIIR, last reported at $7.68 on September 10, 2026.
AIR Global PLC (AIIR) reports that it has fully settled its forward purchase agreement with Harraden related to 5,000,000 Class A ordinary shares originally tied to its business combination with Cantor Equity Partners III, Inc. On September 10, 2026, Harraden sold 2,970 shares in the open market and paid $31,152.02 to AIR Global for those shares. Harraden returned the remaining 4,997,030 Recycled Shares to AIR Global, which cancelled them upon receipt, and all obligations under the forward purchase agreement are now satisfied.
AIR Global PLC (AIIR) furnished an investor presentation outlining recent performance, FY26 guidance and its strategy as a global leader in flavored shisha molasses and emerging nicotine products. In H1’26, revenue was $206.9 million, up 3.7% year over year, while Adjusted EBITDA was $71.7 million, essentially flat despite disruption to shipments through the Strait of Hormuz.
The company reported a H1’26 net loss of $81.8 million and negative EBITDA of $52.1 million, driven largely by non‑recurring listing and share‑based payment charges, even as the core FSM business maintained high margins. FY25 consolidated revenue was $400 million with Adjusted EBITDA of $139 million (about 35% margin), and Net Debt‑to‑Adjusted EBITDA improved from 3.6x in 2023 to 2.1x in 2025 and 2.5x on an H1’26 LTM basis. Management guides to FY26 revenue growth of 4%–6% in USD and low‑ to mid‑single‑digit Adjusted EBITDA growth, while targeting medium‑term leverage of 2.5x and expanding into new growth categories including vaping, nicotine pouches and the OOKA pod‑based hookah system.