AIR Global PLC (AIIR) filed a prospectus registering up to 154,623,867 Ordinary Shares for resale from time to time by existing selling shareholders under a shelf registration. All of these shares were issued or are issuable in connection with its SPAC business combination and equity awards.
The registered shares include 149,599,712 shares issued to former AIR Limited shareholders (including AIR Earnout Shares), 4,182,009 shares issued to the SPAC sponsor (including Sponsor Earnout Shares) and 842,146 shares tied to assumed equity awards. AIR Global will not receive any proceeds from these sales and is paying the registration expenses.
AIR Global, a Jersey‑incorporated producer of flavored shisha molasses and related inhalation products, reported $399.7 million revenue and $83.2 million operating profit in 2025, and $206.9 million revenue with a $63.6 million operating loss in the first half of 2026. It is an emerging growth company, a foreign private issuer and a controlled company, with Kingsway‑managed funds holding about 60% of outstanding shares.
AIR Global PLC (AIIR) disclosed that Chief Financial Officer Lotfy Bassem purchased 50 Ordinary Shares on September 1, 2026 at $7.50 per share in an open-market or private transaction. Following this purchase, he directly holds 254,689 Ordinary Shares of AIR Global PLC.
AIR Global PLC (AIIR) director and Chief Executive Officer Brazier Stuart Damon purchased additional Ordinary Shares. On 2026-08-27, he acquired 6,000 shares in an open-market or private transaction at a weighted average price of $7.3547 per share, with individual trade prices ranging from $7.25021 to $7.678. Following this purchase, he directly holds 1,087,757 Ordinary Shares.
AIR Global PLC (AIIR) reported that Chief Financial Officer Lotfy Bassem purchased 4,450 Ordinary Shares on 2026-08-27 in an open-market or private transaction at a weighted average price of $7.9727 per share. Following this transaction, Bassem directly holds 254,639 Ordinary Shares of AIR Global PLC.
AIR Global PLC (AIIR) has filed a Form F‑1 to register the resale of up to 154,623,867 Ordinary Shares, all to be sold from time to time by existing selling shareholders. AIR Global will not receive any proceeds from these sales but will bear certain registration expenses.
The registered shares largely arise from the May 15, 2026 SPAC Business Combination with Cantor Equity Partners III, Inc., including AIR Limited rollover equity, Sponsor shares and equity-award shares. AIR Global is a leading global producer of flavored shisha molasses with significant market share in the U.S., KSA, Germany and Spain, and also offers novel inhalation devices and nicotine pouches.
Ordinary Shares trade on Nasdaq under the symbol “AIIR”; the last reported sale price on August 27, 2026 was $7.98 per share. The company is an emerging growth company, a foreign private issuer and a controlled company, with Kingsway-affiliated holders owning about 60% of outstanding shares, allowing use of certain reduced U.S. public company governance and reporting requirements.
AIR Global PLC (AIIR) filed a prospectus supplement to its Form F-4 registration statement, covering up to 30,221,578 ordinary shares. The supplement incorporates information from a newly furnished Form 6-K and must be read together with the base prospectus dated April 22, 2026.
The Form 6-K reports that shareholders at an extraordinary general meeting on August 24, 2026 approved an Amended and Restated Memorandum and Articles of Association, which are provided as an exhibit. AIR Global’s ordinary shares trade on Nasdaq under the symbol AIIR, and the last reported sale price on August 25, 2026 was $6.87 per share.
AIR Global PLC (AIIR) reported that shareholders at its August 24, 2026 Extraordinary General Meeting approved all proposals presented. The meeting was held in London and covered a targeted share repurchase, related agreements, broader buyback authorities and corporate governance changes to its articles of association.
Shareholders approved the repurchase of 5,000,000 ordinary shares beneficially owned by Harraden Circle Investors, LP and related entities at US$10.49 per share, for an aggregate purchase price of US$52.45 million, along with the related share repurchase contract tied to a prepaid share forward agreement entered into on May 11, 2026. They also granted the company general authority to repurchase ordinary shares in the future through both off‑market transactions, such as issuer tender offers or privately negotiated deals, and open‑market purchases on a securities exchange, subject to law, market rules, liquidity needs and directors’ fiduciary duties. Apart from the Harraden transaction, the company stated it has no other share repurchases currently planned.
In addition, shareholders approved amendments to the articles of association allowing notices of general meetings to be given by directing shareholders to a notice published on the company’s website, subject to applicable legal and stock exchange requirements. Voting support was high across proposals, with over 148 million shares cast in favor of the Harraden repurchase and related agreement out of total issued share capital of 160,386,602 shares.
AIR Global PLC (AIIR) filed a prospectus supplement under an existing Form F‑4, covering up to 30,221,578 ordinary shares, and provided unaudited first‑half 2026 results. Ordinary shares trade on Nasdaq under symbol AIIR.
For H1 2026, revenue rose 3.7% to $206.9 million, driven by Flavored Shisha Molasses revenue of $204.7 million and strong price/mix growth of 14.0% despite FSM shipment volumes declining 9.0%. Reported operating result swung to a loss of $63.6 million and net loss was $81.8 million versus a $31.9 million profit a year earlier, mainly due to listing‑related items including a $48.2 million listing expense, $47.7 million IPO‑related cash costs, $12.4 million share‑based compensation, and other public company and regional disruption costs.
EBITDA was a loss of $52.1 million, while Adjusted EBITDA was $71.7 million, essentially flat year‑on‑year, as higher logistics, raw material and public‑company costs offset price/mix gains. Net Debt stood at $344.8 million with Net Debt/Adjusted EBITDA of 2.48x. The company reported 160.39 million ordinary shares outstanding, including earnout and forward‑purchase related shares, and highlighted a planned $20 million strategic investment in Greentank and supply‑chain disruptions from the Strait of Hormuz closure.
AIR Global PLC (AIIR) reported its first-half 2026 results, showing modest top-line growth but a sharp swing into loss following its Nasdaq listing and related restructuring. Revenue for the six months ended June 30, 2026 rose 3.7% to $206.9 million, while FSM shipment volumes fell 9.0%.
The company recorded an EBITDA loss of $52.1 million and a net loss of $81.8 million, compared with EBITDA of $61.0 million and net profit of $31.9 million a year earlier, largely due to substantial one-time listing, reorganization, share-based compensation and disruption-related costs. However, Adjusted EBITDA was stable at $71.7 million. Management guides to 2026 revenue growth of 4–6% and low- to mid-single-digit Adjusted EBITDA growth, with Net Debt-to-Adjusted EBITDA at 2.48x and a long‑term leverage target of 2.5x.
Meteora Capital, LLC and Vik Mittal report that they no longer beneficially own any Class A common stock of AIR Global PLC. The amendment to their Schedule 13G states beneficial ownership of 0 shares, representing 0% of the class, with no sole or shared voting or dispositive power.
The filing notes that Meteora Capital acted as investment manager for certain funds and managed accounts that previously held the shares, and that the reporting persons do not admit being beneficial owners for Section 13 purposes.