Every 8-K that Air Industries Group (AIRI) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow AIRI and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full AIRI filings page.
AIR INDUSTRIES GROUP (AIRI) reported that on August 18, 2026 it entered into a Twelfth Amendment to its Loan and Security Agreement with Webster Bank. The amendment extends the maturity date of the company’s revolving credit and term loans to November 30, 2026.
At the same time, subordinated noteholders Michael Taglich and Robert Taglich agreed to extend the maturity of their subordinated notes to December 1, 2026. The amendment with Webster Bank is filed as Exhibit 10.1 for full terms and conditions.
Air Industries Group entered into an amendment to its Amended and Restated Agreement and Plan of Merger with Tenax Aerospace Acquisition, LLC and Transitory Air Sub LLC. The amendment extends the merger “Outside Date” from September 30, 2026 to November 30, 2026, preserving existing termination rights if the closing does not occur by that date.
The company reports that the SEC has notified it will review the Registration Statement on Form S‑4 filed on July 22, 2026 for the pending Tenax merger, which will likely prevent closing by the original Outside Date. Management does not expect the SEC review to affect the merger’s economic terms and expects the registration statement to be effective before the end of the third quarter, with a shareholder meeting and closing anticipated before November 30, 2026. Air Industries manufactures precision components and assemblies for large aerospace and defense prime contractors.
Air Industries Group entered into an amended and restated merger agreement with Tenax Aerospace under which it will issue 126,900,000 shares of common stock, or 25,380,000 shares after a 1‑for‑5 reverse stock split, as merger consideration.
After closing, Tenax members are expected to own about 96% of Air Industries’ common stock, with current stockholders holding about 4%. The deal requires stockholder approval of a charter amendment to increase authorized shares to 200 million before the reverse split, plus approval of the stock issuance that will result in a change of control.
Tenax or an affiliate will repay Air Industries’ indebtedness owed to Webster Bank and to two director noteholders at closing. Existing stockholders will receive non‑transferable redemption rights allowing them, on the first anniversary of closing, to sell shares back to the company for 107.3% of the Debt Adjusted Air share price if the stock’s 20‑day average then is lower.
Air Industries Group reported an amendment to its merger agreement with Tenax Aerospace Acquisition and Transitory Air Sub. The change adjusts the definition of AIR Net Indebtedness so that a recent customer prepayment has less impact on the share consideration payable to Tenax members.
Air Industries Machining Corp., a wholly owned subsidiary, received a $1,971,070 advance on June 2, 2026 from a customer to fund supplies, manufacturing, and delivery of product in the United States. The advance is documented through a non‑interest‑bearing Promissory Note, becomes interest‑bearing only upon an Event of Default, and must be repaid by November 30, 2026, with the customer allowed to set off repayment against amounts due for product deliveries.
Air Industries Group announced leadership changes in its senior management. On March 18, 2026, the Board appointed Scott Glassman as Acting Chief Executive Officer and President, in addition to his ongoing responsibilities as President of each subsidiary. He previously served as Chief Financial Officer, Principal Accounting Officer and Secretary and currently receives an annual salary of $231,000.
At the same time, the Board appointed Brian Drisgula as Vice President of Finance and Secretary of the company, and as Treasurer and Secretary of each subsidiary. He has extensive finance experience in aerospace, defense and pharmaceuticals and is employed at will with a current annual salary of $165,000.
Air Industries Group reported that Lou Melluzzo resigned as Chief Executive Officer and President, and from all other positions with the company and its subsidiaries, effective March 11, 2026. The company stated that his resignation was not due to any disagreement regarding operations, policies, or practices, financial or otherwise. A Separation and Release Agreement dated March 13, 2026, between the company and Mr. Melluzzo, is filed as an exhibit to this report.
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.
Air Industries Group is entering a transformative all‑stock merger with Tenax Aerospace Acquisition. Air will issue about 94.4 million shares of common stock, adjustable to roughly 112.5 million shares based on a debt-linked share price of about $3.44. After closing, Tenax members are expected to own approximately 95% of Air, with current Air shareholders holding about 5%, subject to stockholder approval of a charter amendment lifting authorized shares from 20 million to 200 million and approving the stock issuance.
The combined company, based on preliminary 2025 results, would have generated about $183.3 million of revenue and Adjusted EBITDA of roughly $65.0 million, with net debt near $380.0 million and expectations for 2026 revenue above $210.0 million and Adjusted EBITDA above $75.0 million. Protections for existing shareholders include a post‑closing tender offer for up to 1,000,000 shares at the debt‑adjusted share price if the pre‑closing trading price is lower, and a one‑year redemption right to sell shares back at 107.3% of that price if the stock underperforms. The deal includes mutual $1.25 million termination fees in certain scenarios and requires antitrust and other regulatory clearances.
Air Industries Group reported preliminary unaudited results for the year ended December 31, 2025, showing a net loss of $(1,305,000) but positive Adjusted EBITDA of $4,347,000. Adjusted EBITDA is calculated by adding back interest expense, non-cash charges, and stock compensation to net income.
For 2025, the company added interest expense of $1,841,000, stock compensation expense of $1,047,000, depreciation of $2,696,000, and amortization of $68,000 to reconcile to Adjusted EBITDA. These figures are preliminary and unaudited, and the company plans to file its full Form 10-K after completing its regular year-end audit.
Air Industries Group entered into a Tenth Amendment to its Loan and Security Agreement with Webster Bank. The amendment waives existing defaults that arose because the company did not meet a required fixed charge coverage ratio for the quarter ended June 30, 2025 and exceeded the permitted level of capital expenditures for the fiscal year ending December 31, 2025.
Under the Tenth Amendment, the maturity date of the revolving credit and term loans is extended to March 31, 2026, and certain financial covenants are revised. This action keeps the company’s credit facilities in place while formally addressing past covenant breaches under its lending arrangement with Webster Bank.
Air Industries Group reported financial results for the three and nine months ended September 30, 2025 and announced a conference call to discuss the results. The call is scheduled for Monday, November 17, 2025 at 8:00 AM Eastern Time, accessible at 877-524-8416, with a replay available at www.airindustriesgroup.com. The press release is furnished as Exhibit 99.1. The company states this information is furnished, not filed, under the Exchange Act.
Air Industries Group entered into a Ninth Amendment to its Loan and Security Agreement with Webster Bank on September 10, 2025. Under this amendment, the company agreed that $3,930,000 of proceeds from its at-the-market equity offering will be kept in an interest-bearing account at Webster Bank.
The cash in this account will serve as security for Air Industries Group’s obligations under the existing loan and security agreement, effectively pledging part of its ATM proceeds as collateral to support its credit facility.
Air Industries Group reported that it has received two new defense contracts worth approximately $6.9 million for Fixed Wing Landing Gear Components and Rotorcraft Components for combat helicopters. These aftermarket orders support maintenance, repair, and overhaul work for aircraft already in service, adding recurring-style business rather than one-time production only. With these awards, the company’s total aftermarket bookings rise to more than $13 million and account for nearly half of its new business since the end of the first quarter of this year. Management highlights increased penetration of the aftermarket as a primary goal for 2025 and beyond, and describes these contracts as significant evidence that this strategy is gaining traction.
Air Industries Group (AIRI) reported that it issued a press release disclosing its financial results for the three and six months ended June 30, 2025. The company said it will host a conference call to discuss those results on August 14, 2025 at 4:30 PM Eastern Time; the dial-in number is 877-524-8416 and a replay will be available at www.airindustriesgroup.com. The 8-K attaches Exhibit 99.1 (the press release text) and an Inline XBRL cover page. The filing notes the furnished material is not being "filed" for purposes of Exchange Act Section 18 and includes a signature by CFO Scott Glassman.
Air Industries Group (AIRI) announced it will release its financial results for the three and six months ended June 30, 2025, on Thursday, August 14, before the market opens. The company will discuss those results the same day on a conference call at 4:30 PM Eastern Time, with dial-in number 877-524-8416 and a replay available at www.airindustriesgroup.com.
The disclosure is provided as Regulation FD information and is accompanied by a press release filed as Exhibit 99.1 and a Cover Page Interactive Data File as Exhibit 104. The document states the information "shall not be deemed as 'filed'" for purposes of Section 18 of the Exchange Act and is not incorporated by reference into other filings absent specific reference.