STOCK TITAN

Air Industries Group (AIRI) pushes Webster Bank loan maturity to Sept 2026

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Air Industries Group entered into an Eleventh Amendment to its Loan and Security Agreement with Webster Bank. This amendment extends the maturity date of the company’s revolving credit and term loans to September 30, 2026. The detailed terms and conditions are contained in the Eleventh Amendment, which is filed as an exhibit.

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SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

 

Date of Report (date of earliest event reported): February 26, 2026

 

AIR INDUSTRIES GROUP

(Exact Name of Registrant as Specified in its Charter)

 

Nevada   001-35927   80-0948413
State of Incorporation   Commission File Number   IRS Employer
I.D. Number

 

1460 Fifth Avenue, Bay Shore, New York 11706

(Address of Principal Executive Offices)

 

Registrant’s telephone number: (631) 968-5000

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock, par value $0.001   AIRI   NYSE American

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

Item 1.01 Entry Into a Definitive Material Agreement.

 

On February 26, 2026, we, Air Industries Group, entered into an Eleventh Amendment to our Loan and Security Agreement with Webster Bank (“Eleventh Amendment”). In the Eleventh Amendment Webster Bank extended the maturity date of the revolving credit and term loans under the Loan and Security Agreement to September 30, 2026. A copy of the Eleventh Amendment is annexed as Exhibit 10.1 and reference is made thereto for the complete terms and conditions of the Eleventh Amendment.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibit No.   Description
10.1   Eleventh Amendment to Loan and Security Agreement with Webster Bank, National Association
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

1

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Dated: February 27, 2026

 

  AIR INDUSTRIES GROUP
     
  By: /s/ Scott Glassman
    Scott Glassman
    Chief Financial Officer

 

2

 

FAQ

What did Air Industries Group (AIRI) disclose in this 8-K filing?

Air Industries Group disclosed that it entered into an Eleventh Amendment to its Loan and Security Agreement with Webster Bank. The amendment primarily extends the maturity date of its revolving credit and term loans to September 30, 2026, with full terms in the attached exhibit.

How does the Webster Bank amendment affect Air Industries Group’s debt maturity?

The Eleventh Amendment with Webster Bank extends the maturity date of Air Industries Group’s revolving credit and term loans to September 30, 2026. This change gives the company a longer period before the loans become due, with specific conditions described in the filed amendment document.

When was the Eleventh Amendment with Webster Bank signed by Air Industries Group (AIRI)?

Air Industries Group entered into the Eleventh Amendment to its Loan and Security Agreement with Webster Bank on February 26, 2026. The company then reported this event in a current report, making the key change to the loan maturity publicly available to investors.

Where can investors find the full terms of Air Industries Group’s Eleventh Amendment?

Investors can review the complete terms of the Eleventh Amendment to the Loan and Security Agreement in Exhibit 10.1 to the current report. The filing states that this exhibit contains the detailed provisions governing the revised maturity and related loan arrangements.

Does the filing indicate any change to Air Industries Group (AIRI) common stock listing?

The filing confirms that Air Industries Group’s common stock, par value $0.001, continues to trade under the symbol AIRI on the NYSE American. The disclosure focuses on the loan amendment and does not indicate any change to the stock’s exchange listing status.

Who signed the Air Industries Group (AIRI) 8-K reporting the loan amendment?

The current report was signed on behalf of Air Industries Group by Scott Glassman, the company’s Chief Financial Officer. His signature indicates authorization of the disclosure regarding the Eleventh Amendment to the Loan and Security Agreement with Webster Bank.

Filing Exhibits & Attachments

4 documents
Air Industries

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