{"filings":[{"id":113278,"accession_number":"0000353184-26-000038","cik":353184,"company_name":"AIR T INC","ticker":"AIRT","form_type":"8-K","filed_at":"2026-03-23T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Air T proposes unregistered trust preferred securities offering for strategic acquisitions","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Proposes unregistered offering of additional trust preferred securities to existing holders; terms, size, and timing not determined.","Proceeds to fund potential strategic acquisitions or other strategic investments.","Notice is preliminary to assess interest; no offer made until definitive documents.","Securities not registered under Securities Act; offered via private placement exemption."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":55947327.99999999,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":113277,"accession_number":"0000353184-26-000034","cik":353184,"company_name":"AIR T INC","ticker":"AIRT","form_type":"8-K","filed_at":"2026-03-10T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Director Travis Swenson resigns from Air T board to become CFO of recently acquired Rex","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Director Travis Swenson resigned effective March 9, 2026.","Resignation to accept CFO role at Rex, a recently acquired regional airline.","Swenson also stepped down as Audit Committee Chair; Raymond Cabillot takes over.","Resignation not due to any disagreement with the company.","Swenson's role with Rex commences immediately."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":55947327.99999999,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":113270,"accession_number":"0000353184-26-000035","cik":353184,"company_name":"AIR T INC","ticker":"AIRT","form_type":"8-K/A","filed_at":"2026-03-10T23:59:59+00:00","items":["1.01","8.01"],"status":"ready","headline":"Air T amends 8-K to clarify Arena acquisition consideration and discloses potential minority investment in NewCo","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Air T, through Crestone, agreed to acquire Arena Aviation Partners for ~$20M cash plus contingent payments estimated >$10M, closing expected in ~2 months.","Crestone entered a non-binding term sheet for a $10M convertible preferred equity investment in NewCo at an $80M valuation, with earn-out up to $40M.","Crestone management is negotiating to invest up to 5% minority interest in NewCo, with terms not final."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":55947327.99999999,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":113276,"accession_number":"0000353184-26-000031","cik":353184,"company_name":"AIR T INC","ticker":"AIRT","form_type":"8-K","filed_at":"2026-03-09T23:59:59+00:00","items":["1.01","8.01","9.01"],"status":"ready","headline":"Air T's Crestone Air Partners to acquire Arena Aviation Capital for over $35M","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Consideration in excess of $35M, subject to post-closing adjustments for debt and transaction expenses.","Combined platform to have ~124 aircraft, 17 engines, >$4B AUM, 55+ employees across 5 countries.","Arena brings seasoned team; CEO Kevin Milligan cites disciplined consolidation.","Crestone also evaluating potential sale of minority equity interest; no definitive agreement yet.","Closing subject to conditions and approvals."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":55947327.99999999,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":113275,"accession_number":"0000353184-26-000027","cik":353184,"company_name":"AIR T INC","ticker":"AIRT","form_type":"8-K","filed_at":"2026-03-04T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Air T enters new employment agreement with CFO Tracy Kennedy; base salary to rise to $397k by 2028","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["New agreement with CFO Tracy Kennedy (eff. Feb 27, 2026) sets base salary at $331k, rising to $360k (Jan 2027) and $397k (Jan 2028).","Quarterly incentive pay tied to 1-5 rating: 0% (rating 1) to 90%+ (rating 5) of quarterly base salary, at CEO's discretion.","Severance if terminated without cause: 6 months plus 1 month/year of service, max 12 months of base salary; requires release of claims.","12-month post-employment non-compete, non-solicitation, confidentiality, non-disparagement; at-will employment."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":55947327.99999999,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":113269,"accession_number":"0000353184-26-000024","cik":353184,"company_name":"AIR T INC","ticker":"AIRT","form_type":"8-K/A","filed_at":"2026-03-04T23:59:59+00:00","items":["9.01"],"status":"ready","headline":"Air T completes acquisition of Regional Express Holdings (Rex) for $1; Rex reports $114.6M loss, negative equity","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Rex audited FY25 loss after tax of $114.6M; revenue $305.2M; net liabilities of $161.3M at June 30, 2025.","Acquisition closed Dec 17, 2025 for nominal $1 consideration; Air T provided $50M facility with 5-yr term at 12% interest.","Commonwealth loan of $147.6M restructured: $39.8M forgiven, balance $107.8M converted to 30-yr interest-free facility.","Rex entered voluntary administration July 30, 2024; exited Dec 18, 2025 via DOCA extinguishing legacy creditor claims.","Rex Airlines (domestic jets) placed into liquidation Nov 11, 2025; Rex now focused on regional flight services."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":55947327.99999999,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":113274,"accession_number":"0000353184-26-000018","cik":353184,"company_name":"AIR T INC","ticker":"AIRT","form_type":"8-K","filed_at":"2026-02-13T23:59:59+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"Air T files updated investor presentation for FY26 Q3; no material new data disclosed","summary_kind":"llm","event_type":"other","confidence":"low","bullets":["Filed an updated investor presentation as of December 31, 2025, for FY26 Q3.","Presentation furnished as Exhibit 99.1, but no specific financial figures or guidance changes are included in the filing.","Company announced a Q&A capability via Slido for shareholder questions, answered at the annual meeting.","No earnings results, M&A, leadership changes, or other material events reported."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":55947327.99999999,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":113273,"accession_number":"0000353184-26-000017","cik":353184,"company_name":"AIR T INC","ticker":"AIRT","form_type":"8-K","filed_at":"2026-02-13T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Air T posts Q3 operating loss of $3.8M; acquires Rex with $95.8M bargain gain","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $71.1M (-9% YoY); operating loss $3.8M vs prior year income $1.4M; EPS $(0.91).","Acquired Rex Regional Airlines on Dec 18, 2025 for $11M; preliminary bargain purchase gain $95.8M.","Rex contributed $5.2M revenue (13 days) and $1.5M net loss in Q3.","Ground Support Equipment segment revenue up 8% to $12.8M; backlog doubles to $12.9M.","Commercial Aircraft segment revenue fell 42% to $18.8M; adj EBITDA swung to loss of $0.2M."],"consensus_eps_estimate":null,"consensus_eps_actual":0.1,"consensus_revenue_estimate":null,"consensus_revenue_actual":206152000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":55947327.99999999,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":113272,"accession_number":"0000353184-26-000008","cik":353184,"company_name":"AIR T INC","ticker":"AIRT","form_type":"8-K","filed_at":"2026-02-05T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Air T announces AIRTP distribution dates for 2026-2027 at $0.50/share (8% p.a.)","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Cash distributions on Alpha Income Preferred (AIRTP) set at $0.50 per share (8.0% per annum).","2026 distributions: Feb 17, May 15, Aug 17, Nov 16; record dates 2-3 days prior.","2027 distributions: Feb 16, May 17, Aug 16, Nov 15; record dates 2-4 days prior.","No change in distribution rate or terms; only dates are announced for the next two years."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":55947327.99999999,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":113271,"accession_number":"0000353184-26-000005","cik":353184,"company_name":"AIR T INC","ticker":"AIRT","form_type":"8-K","filed_at":"2026-01-05T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Air T adjusts CFO Tracy Kennedy's compensation with base salary increases up to 23% in 2026","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["CFO Tracy Kennedy receives base salary increases of 23% in 2026, 9% in 2027, and 10% in 2028, effective Jan 1, 2026.","Annual bonus target raised from 40% to 50% of base salary, approved by Compensation Committee on Dec 29, 2025.","Compensatory arrangement changes apply to the Company's Chief Financial Officer only."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":55947327.99999999,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":129661,"accession_number":"0000353184-25-000140","cik":353184,"company_name":"AIR T INC","ticker":"AIRT","form_type":"8-K","filed_at":"2025-12-18T23:59:59+00:00","items":["1.01","2.01","2.03","9.01"],"status":"ready","headline":"Air T completes acquisition of Australian regional airline Rex for $1 plus ~A$108M liabilities","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Acquired all outstanding stock of Regional Express Holdings (Rex) for $1 cash and assumption of ~A$108M liabilities; court-approved Dec 11, 2025.","Issued US$40M 11.5% senior secured note to Honeywell funds due 2031 to finance A$50M credit facility for Rex at 12% interest.","Commonwealth of Australia remains secured creditor with ~A$108M perpetual facility and provides additional A$60M for fleet overhaul.","Rex currently operates ~31 Saab 340 aircraft; plans to increase to 45 within two years using new financing.","Warrants issued to three executives for up to 19% equity in acquisition subsidiary with nominal exercise price."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":55947327.99999999,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":129660,"accession_number":"0000353184-25-000135","cik":353184,"company_name":"AIR T INC","ticker":"AIRT","form_type":"8-K","filed_at":"2025-12-01T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Air T secures $6M term loan and $15M revolver from Alerus Financial","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["22.1 subsidiary obtains $6M term loan due Nov 2032 at greater of 5% or 1.9%+SOFR; proceeds repay $3.5M Bridgewater Bank loan.","Contrail entities obtain $15M revolving credit facility at SOFR+3.11%, interest-only, maturing Nov 2027.","Loans secured by assets, membership interests, 200,000 AIRTP shares, and Air T, Inc. investment account.","Air T, Inc. provides up to $2M payment guaranty for Contrail facility; term loan requires $857,142.86 annual principal starting Sept 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":55947327.99999999,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":129659,"accession_number":"0000353184-25-000131","cik":353184,"company_name":"AIR T INC","ticker":"AIRT","form_type":"8-K","filed_at":"2025-11-12T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Air T receives Rex creditor approval for acquisition; court OK expected by year-end 2025","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Majority of Rex creditors (in number and value) voted in favor of Air T's bid at second meeting on Nov 11, 2025.","Air T expects court and other approvals by calendar year-end 2025; closing anticipated shortly after.","Transaction involves Air T's indirect subsidiary acquiring all outstanding capital stock of Rex.","No deal value disclosed; completion subject to conditions including court approval and other terms."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":55947327.99999999,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":129658,"accession_number":"0000353184-25-000129","cik":353184,"company_name":"AIR T INC","ticker":"AIRT","form_type":"8-K","filed_at":"2025-11-12T23:59:59+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"Air T updates investor presentation with no material new financial data","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["Investor presentation updated as of September 30, 2025; no earnings or guidance changes disclosed.","Company introduces Slido-based Q&A for shareholder questions at Annual Meeting.","No material events or financial results reported in this filing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":55947327.99999999,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":129657,"accession_number":"0000353184-25-000128","cik":353184,"company_name":"AIR T INC","ticker":"AIRT","form_type":"8-K","filed_at":"2025-11-12T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Air T Q2 revenue falls 21% to $64.2M; EPS up to $1.61; eyes Rex acquisition","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $64.2M (down 21% YoY); EPS $1.61 vs $0.91; operating income $5.5M vs $3.6M.","Ground Support Equipment revenue $9.6M (down 33%); backlog $12.9M vs $6.2M; EBITDA $1.7M vs $0.6M.","Commercial Aircraft/Engines/Parts revenue $20.9M (down 36%); EBITDA $6.9M vs $4.1M on aircraft sale gain.","Chairman: Contrail debt-free with $6.7M cash; targeting acquisition of Rex Regional Airlines by Dec 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":1.01,"consensus_revenue_estimate":null,"consensus_revenue_actual":135020000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":55947327.99999999,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":129656,"accession_number":"0000353184-25-000113","cik":353184,"company_name":"AIR T INC","ticker":"AIRT","form_type":"8-K","filed_at":"2025-10-21T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Air T agrees to acquire Regional Express Holdings (Rex) in Australian regional airline deal","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Sale and Implementation Deed signed with court-appointed administrators of Rex.","Air T expects to close by year-end 2025, subject to creditor, court, and Australian government approvals.","Australian government agreed to restructure Rex's financing arrangements in connection with the acquisition.","Air T will fund Rex's Saab 340 engine renewal program and return fleet to service.","Approximately 50% of Rex's routes are not serviced by any other airline; Air T plans to grow the business."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":55947327.99999999,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":146241,"accession_number":"0000353184-25-000104","cik":353184,"company_name":"AIR T INC","ticker":"AIRT","form_type":"8-K","filed_at":"2025-09-05T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Air T amends credit agreements: revolver upsized to $20M, covenants streamlined, overline eliminated","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Revolving credit commitment increased to $20M; maturity extended to August 28, 2027.","Term Note A amended to $9.19M; interest rate set at SOFR+2.00% with swap fixing at 5.62%; maturity Aug 15, 2029.","Overline note provisions eliminated; financial covenants now measured semi-annually at Dec and Mar.","Interest rate on revolver lowered to 1-month SOFR+1.90%.","All borrowings remain secured; Air T reaffirms its guarantees and pledges."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":55947327.99999999,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":146240,"accession_number":"0000353184-25-000102","cik":353184,"company_name":"AIR T INC","ticker":"AIRT","form_type":"8-K","filed_at":"2025-08-18T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Air T stockholders elect all director nominees, approve say-on-pay, increase preferred shares","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All six director nominees elected with over 2M votes for each; broker non-votes ~436,436.","Advisory say-on-pay approved: 2,034,434 for, 2,986 against, 150 abstain.","Amendment to increase authorized preferred shares passed: 1,863,161 for, 174,151 against.","Say-on-frequency: every year option received 2,031,474 votes; two years 2,218, three years 1,477.","Ratification of Deloitte & Touche LLP as auditor for 2025: 2,472,476 for, 1,530 against."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.15,"market_cap_usd":55947327.99999999,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":146239,"accession_number":"0000353184-25-000076","cik":353184,"company_name":"AIR T INC","ticker":"AIRT","form_type":"8-K","filed_at":"2025-08-13T23:59:59+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"Air T furnishes updated investor presentation; no material financial details disclosed","summary_kind":"llm","event_type":"other","confidence":"low","bullets":["Updated PowerPoint presentation furnished as Exhibit 99.1 as of June 30, 2025.","Presentation fragment shows no specific financial results, guidance, or material changes.","Item 8.01 announces interactive Q&A via Slido for shareholder questions.","No earnings, M&A, leadership changes, or other material events reported.","Filing is routine; exhibit text cut off, limiting ability to extract specifics."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":55947327.99999999,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":146238,"accession_number":"0000353184-25-000075","cik":353184,"company_name":"AIR T INC","ticker":"AIRT","form_type":"8-K","filed_at":"2025-08-13T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Air T Q1 revenue up 7% to $70.9M; GGS segment revenue surges 105% to $15.1M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $70.9M (+7% YoY); operating income $0.4M vs -$0.6M prior year.","Adjusted EBITDA $1.5M vs $0.9M prior year; CEO says pleased with performance.","Ground Support Equipment revenue $15.1M (+105% YoY); backlog $7.2M.","Commercial Aircraft segment revenue $22.0M (-16% YoY) on lower component sales.","Digital Solutions revenue $2.1M (+23% YoY) from new subscriptions."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.61,"consensus_revenue_estimate":null,"consensus_revenue_actual":70870000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":55947327.99999999,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":146237,"accession_number":"0000353184-25-000060","cik":353184,"company_name":"AIR T INC","ticker":"AIRT","form_type":"8-K","filed_at":"2025-07-18T23:59:59+00:00","items":["1.01","2.01","9.01"],"status":"ready","headline":"Air T subsidiary completes sale of two Airbus aircraft for over $18M","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["CASP Leasing I, LLC sold two Airbus (A321-111 and A320-214) aircraft with engines.","Total transaction value exceeded $18,000,000; purchaser is FTAI Aircraft Leasing Ireland (2025) DAC.","Sale closed July 15, 2025; lease rights and obligations assigned to new lessor.","Transactions previously disclosed in June 25, 2025 8-K; closing documents filed as exhibits."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":55947327.99999999,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":164583,"accession_number":"0000353184-25-000047","cik":353184,"company_name":"AIR T INC","ticker":"AIRT","form_type":"8-K","filed_at":"2025-06-30T23:59:59+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"Air T provides updated investor presentation for FY25 Q4; no material financial details","summary_kind":"llm","event_type":"other","confidence":"low","bullets":["Company furnished an updated investor presentation dated March 31, 2025.","Presentation titled 'A Portfolio of Powerful Companies' for FY25 Q4 update.","No specific financial data, guidance, or material events disclosed in filing or available exhibit."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":55947327.99999999,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":164582,"accession_number":"0000353184-25-000043","cik":353184,"company_name":"AIR T INC","ticker":"AIRT","form_type":"8-K","filed_at":"2025-06-27T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Air T reports FY2025 revenue up 2% to $291.9M; adjusted EBITDA up 19% to $7.4M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $291.9M (up $5M YoY); operating income $1.9M vs $1.3M.","Adjusted EBITDA $7.4M vs $6.2M; loss per share improved to $2.23 from $2.42.","Commercial aircraft/engines/parts revenue fell $7.3M to $118.2M; segment EBITDA rose to $9.8M.","Digital solutions revenue grew 26% to $7.3M; recurring subscriptions increased.","Investment balance in equity method investees $19.0M, up from $16.7M."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":55947327.99999999,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":164581,"accession_number":"0000353184-25-000038","cik":353184,"company_name":"AIR T INC","ticker":"AIRT","form_type":"8-K","filed_at":"2025-06-25T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Air T subsidiary agrees to sell two Airbus aircraft to FTAI for aggregate >$25M","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["CASP Leasing I (95%-owned subsidiary) entered two sale agreements to sell an A320-214 and an A321-111.","Buyer is FTAI Aircraft Leasing Ireland (2025) DAC; aggregate transaction value exceeds $25 million.","Closing anticipated during week of July 7, 2025, subject to customary conditions.","Representation and warranties are made solely for benefit of parties; portions redacted for confidentiality."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":55947327.99999999,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":164580,"accession_number":"0000353184-25-000030","cik":353184,"company_name":"AIR T INC","ticker":"AIRT","form_type":"8-K","filed_at":"2025-06-02T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Air T subsidiary AAM 24-1 issues up to $100M 8.5% senior secured notes due 2035","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["New Multiple Advance Note replaces prior $30M notes; 8.5% interest, semi-annual, matures May 31, 2035.","At closing $10M additional advanced, total $40M; remaining $60M in six $10M tranches through May 2027.","Collateral unchanged: all capital stock of AAM 24-1 and 320,000 shares of Air T Funding preferred (AIRTP).","Prepayment premiums: 2% if within 1 year, 1% if within 2 years; minimum partial prepayment $1M.","Institutional investors are Honeywell Common Investment Fund and Honeywell International Inc. Master Retirement Trust."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":55947327.99999999,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":164579,"accession_number":"0000353184-25-000024","cik":353184,"company_name":"AIR T INC","ticker":"AIRT","form_type":"8-K","filed_at":"2025-05-21T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Air T subsidiary MAC acquires Royal Aircraft Services for $1.05M; funds via term loan","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Mountain Air Cargo purchased all membership interests of Royal Aircraft Services, an aircraft painting, MRO, and parts supplier.","$1.05M term loan from Alerus Financial; interest at greater of 5% or 1-month SOFR plus 2.25%.","Term loan matures May 15, 2030; monthly principal payments of $12,500 plus accrued interest start June 15, 2025.","Royal Aircraft added as borrower under existing Alerus credit agreement; Amendment No. 4 executed.","Acquisition will be included within MAC division operations."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":55947327.99999999,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":164578,"accession_number":"0000353184-25-000022","cik":353184,"company_name":"AIR T INC","ticker":"AIRT","form_type":"8-K","filed_at":"2025-05-19T23:59:59+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"Air T furnishes updated investor presentation; no specific financial updates disclosed","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["Updated investor presentation as of December 31, 2024 furnished as Exhibit 99.1.","Presentation title indicates a 'Portfolio of Powerful Companies' but full content not provided in filing.","Item 8.01 announces Q&A capability via Slido for shareholder questions; procedural only.","No earnings, guidance, or material operational changes reported in the filing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":55947327.99999999,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":164577,"accession_number":"0000353184-25-000020","cik":353184,"company_name":"AIR T INC","ticker":"AIRT","form_type":"8-K","filed_at":"2025-04-22T23:59:59+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"Air T updates investor presentation and MAC case study for Planet Microcap conference; no material new details","summary_kind":"llm","event_type":"other","confidence":"low","bullets":["Company furnished updated investor deck and Mountain Air Cargo business unit case study as exhibits.","Presentations dated December 31, 2024, used at Planet Microcap conference on April 23, 2025.","No specific financial figures, guidance changes, or material events disclosed in the filing.","Slido.com Q&A platform referenced for shareholder questions to be answered at annual meeting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":55947327.99999999,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":164576,"accession_number":"0000353184-25-000017","cik":353184,"company_name":"AIR T INC","ticker":"AIRT","form_type":"8-K","filed_at":"2025-04-04T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Air T adds $3M overline credit facility for seasonal needs; releases four borrowers from Alerus agreement","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Added $3,000,000 overline revolving loan with Alerus, maturing October 31, 2025; interest at greater of 5% or SOFR + 2%.","Four borrowers (AirCo, Airco2, AirCo Services, Stratus Aero) released from credit agreement; remaining borrowers assume obligations.","Amended and restated revolving credit note to $14,000,000; overall borrowing base formula unchanged.","Seasonal facility covers peak borrowing period; amendment effective March 31, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":55947327.99999999,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":182326,"accession_number":"0000353184-25-000014","cik":353184,"company_name":"AIR T INC","ticker":"AIRT","form_type":"8-K","filed_at":"2025-02-26T23:59:59+00:00","items":["1.01","1.02","2.03","9.01"],"status":"ready","headline":"Air T subsidiary Mountain Air Cargo enters $2.28M term loan with Bank of America, repays Alerus debt","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$2.28M variable-rate term loan from Bank of America, matures Feb 21, 2030; monthly principal installments of $9,500.","Interest at Term SOFR plus 1.75%; rate fixed via swap at 5.99448% as of Feb 25, 2025.","Loan secured by mortgage on real property at 5930 Balsom Ridge Road, Denver, NC.","Proceeds used to repay Term Note B with Alerus; Alerus consented via Amendment No. 2.","Covenants include fixed coverage ratio of at least 1.25:1.0, limits on debt and liens."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":55947327.99999999,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":182325,"accession_number":"0000353184-25-000011","cik":353184,"company_name":"AIR T INC","ticker":"AIRT","form_type":"8-K","filed_at":"2025-02-12T23:59:59+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"Air T furnishes updated investor presentation for FY25 Q3, but exhibit extract lacks specific financial data","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["Company filed an updated investor presentation as of December 31, 2024, for FY25 Q3.","The provided exhibit text is truncated and contains no financial figures or operational details.","Filing also describes a Q&A process via Slido for annual meeting questions.","No earnings, guidance, or other material disclosure is identifiable from the filing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":55947327.99999999,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":182324,"accession_number":"0000353184-25-000010","cik":353184,"company_name":"AIR T INC","ticker":"AIRT","form_type":"8-K","filed_at":"2025-02-12T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Air T Q3 revenue $77.9M (+22%), Adjusted EBITDA $2.7M vs -$0.1M loss","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $77.9M (+22% YoY); operating income $1.8M vs -$1.6M loss.","Adjusted EBITDA profit $2.7M vs -$0.1M loss in prior-year quarter.","Overnight air cargo rev $30.6M (+5%); fleet grew to 105 aircraft from 85.","GGS rev $11.8M (+40%); order backlog $12.9M vs $6.2M last year.","Commercial jet engines rev $32.7M (+$8.5M YoY); Contrail 9-month op income $10.7M."],"consensus_eps_estimate":null,"consensus_eps_actual":0.32,"consensus_revenue_estimate":null,"consensus_revenue_actual":225535000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":55947327.99999999,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":182323,"accession_number":"0000353184-25-000002","cik":353184,"company_name":"AIR T INC","ticker":"AIRT","form_type":"8-K","filed_at":"2025-01-22T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Air T extends revolving credit facility maturity to August 28, 2026 via Amendment No. 1","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Amendment No. 1 extends revolving credit term from February 28, 2026 to August 28, 2026 (6-month extension).","Agreement entered on January 21, 2025 with Alerus Financial as Lender; 12 subsidiaries named as Borrowers.","All other terms and conditions of the original Credit Agreement remain unchanged."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":55947327.99999999,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":198943,"accession_number":"0000353184-24-000136","cik":353184,"company_name":"AIR T INC","ticker":"AIRT","form_type":"8-K","filed_at":"2024-11-12T23:59:59+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"Air T, Inc. updates investor presentation for FY25 Q2 period","summary_kind":"llm","event_type":"other","confidence":"low","bullets":["Filed an updated PowerPoint investor presentation as of September 30, 2024 under Exhibit 99.1.","The presentation highlights the company's portfolio of subsidiaries and financial position as of Q2 FY25.","Also announced a quarterly Q&A process via Slido for shareholder questions answered at the Annual Meeting.","No specific financial guidance or material new performance data were disclosed in the filing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":55947327.99999999,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":198942,"accession_number":"0000353184-24-000135","cik":353184,"company_name":"AIR T INC","ticker":"AIRT","form_type":"8-K","filed_at":"2024-11-12T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Air T reports Q2 FY2025 EPS $0.91 vs loss $0.57; revenue $81.2M up 3% YoY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $81.2M (+3% YoY); operating income $3.9M vs $0.8M; net income attributable $2.3M vs loss $0.7M.","EPS $0.91 vs loss $0.57 in prior year; adjusted EBITDA $5.0M vs $1.6M.","Overnight air cargo revenue $31.2M (+11%) on 105 aircraft fleet (vs 85); ground equipment sales $14.5M (+18%).","Commercial jet engines revenue $32.9M (-9.9%) but segment adjusted EBITDA $4.1M vs $1.3M.","Crestone AUM $410.4M (up 91% from Dec 2023); equity method net income $2.3M vs $0.7M."],"consensus_eps_estimate":null,"consensus_eps_actual":0.79,"consensus_revenue_estimate":null,"consensus_revenue_actual":147654000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":55947327.99999999,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":198941,"accession_number":"0000353184-24-000126","cik":353184,"company_name":"AIR T INC","ticker":"AIRT","form_type":"8-K","filed_at":"2024-10-22T23:59:59+00:00","items":["1.01","5.02","9.01"],"status":"ready","headline":"Air T appoints Tracy Kennedy as permanent CFO with $270K base salary and performance-based incentives","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Kennedy, previously interim principal financial officer and CAO, became permanent CFO effective October 16, 2024.","Annual base salary of $270,000; eligible for quarterly incentive bonuses up to $55,000+ based on CEO ratings.","Employment agreement includes six-month severance plus one month per year of service (max 12 months) if terminated without cause.","Restrictive covenants cover non-competition, non-solicitation, non-disparagement, and confidentiality.","CEO Nick Swenson cited Kennedy's six-year tenure and leadership in accounting through a period of significant growth."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":55947327.99999999,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":198940,"accession_number":"0000353184-24-000124","cik":353184,"company_name":"AIR T INC","ticker":"AIRT","form_type":"8-K","filed_at":"2024-10-22T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Air T upsizes senior secured notes to $30M at 8.5% with Honeywell investors","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issuer AAM 24-1, LLC issued $30M 8.5% senior secured notes due March 1, 2031 to Honeywell funds.","New $15M tranche added to existing $15M Original Financing from Feb 2024.","Interest payable semi-annually at 8.5% on 30/360 basis; prepayment premiums of 2% (Year 1) and 1% (Year 2).","Collateral includes all Issuer capital stock, existing 160K AIRTP shares, plus 160K newly issued AIRTP shares.","Maturity extended to March 2031; original notes had Feb 2031 maturity."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":55947327.99999999,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":214986,"accession_number":"0000353184-24-000114","cik":353184,"company_name":"AIR T INC","ticker":"AIRT","form_type":"8-K","filed_at":"2024-09-18T23:59:59+00:00","items":["1.01","2.01","2.03","9.01"],"status":"ready","headline":"Air T subsidiary purchases two Airbus aircraft for >$18M; secures $10M term loan from Old National Bank","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["CASP Leasing I (95%-owned) bought an A320 and A321 for over $18 million on Sept 12, 2024.","Financed via $10M Term Note J from Old National Bank at 1-month SOFR + 3.8648%, maturing Sept 12, 2028.","Loan requires monthly principal payments of ~$208,333 plus interest; covenants: min Tangible Net Worth $15M, quarterly cash flow coverage ≥1.25x.","Also executed Fifth Amendment to Master Loan Agreement and subordination agreement with OCAS, Inc. regarding $4.57M promissory note."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":55947327.99999999,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":214985,"accession_number":"0000353184-24-000112","cik":353184,"company_name":"AIR T INC","ticker":"AIRT","form_type":"8-K","filed_at":"2024-09-05T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Air T subsidiary buys two A321-111 aircraft for >$18M, leases to Electra Airways","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["CASP Leasing I, LLC (95%-owned by Air T subsidiary Contrail) signed two purchase agreements for Airbus A321-111 aircraft.","Total transaction value exceeds $18 million; closings projected for early September 2024.","Aircraft will be leased to Electra Airways OOD under lease agreements effective upon purchase.","Acquisition expands Contrail's aircraft leasing and parts business."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":55947327.99999999,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":214984,"accession_number":"0000353184-24-000108","cik":353184,"company_name":"AIR T INC","ticker":"AIRT","form_type":"8-K","filed_at":"2024-08-30T23:59:59+00:00","items":["1.01","1.02","2.03","9.01"],"status":"ready","headline":"Air T enters $14M secured credit facility with Alerus Financial, replaces prior debt","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["New $14M revolving credit facility plus $10.72M Term Note A and $2.28M Term Note B.","Revolver matures Feb 2026; term loans mature Aug 2029; interest = greater of 5% or SOFR+2%.","Borrowing base limits revolver; financial covenants: debt service coverage ≥1.25x, leverage ≤3.00x.","Proceeds used to repay existing Minnesota Bank & Trust facility; no termination penalties incurred.","Collateral includes substantially all current assets, a brokerage account, and 4.626 acres in NC."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":55947327.99999999,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":214983,"accession_number":"0000353184-24-000104","cik":353184,"company_name":"AIR T INC","ticker":"AIRT","form_type":"8-K","filed_at":"2024-08-23T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Air T reports stockholder voting results from 2024 Annual Meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All seven director nominees elected; votes for ranged from 1,874,210 to 2,086,062 against withheld 1,337-213,182.","Advisory vote on executive compensation passed: 2,080,815 for, 6,008 against, 569 abstain, 396,751 broker non-votes.","Deloitte & Touche ratified as 2025 auditor: 2,476,401 for, 1,976 against, 5,766 abstain.","90% of outstanding shares (2,484,143 of 2,760,047) represented at the meeting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":55947327.99999999,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":214982,"accession_number":"0000353184-24-000098","cik":353184,"company_name":"AIR T INC","ticker":"AIRT","form_type":"8-K","filed_at":"2024-08-14T23:59:59+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"Air T updates investor presentation for FY25 Q1; no material changes disclosed","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["Filed updated PowerPoint presentation as of June 30, 2024, for potential investor groups.","Presentation titled 'FY25 Q1 Update' and 'A Portfolio of Powerful Companies' but full content not available in filing.","Announced Q&A capability via Slido.com for shareholder questions at upcoming annual meeting.","No specific financial or operational metrics provided in the available filing text."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":55947327.99999999,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":214981,"accession_number":"0000353184-24-000090","cik":353184,"company_name":"AIR T INC","ticker":"AIRT","form_type":"8-K","filed_at":"2024-08-07T23:59:59+00:00","items":["1.01","5.02","9.01"],"status":"ready","headline":"Air T CFO Brian Ochocki resigns effective Sep 3, 2024; Tracy Kennedy named interim CFO","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Brian Ochocki departs to become CFO of a local company he admires; no disagreements with Air T.","Tracy Kennedy, Chief Accounting Officer, appointed interim principal financial officer effective Sep 3.","Board has commenced search for a permanent CFO successor.","Ochocki forfeits non-vested equity; receives salary through effective date and prorated incentive if approved."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":55947327.99999999,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":214980,"accession_number":"0000353184-24-000071","cik":353184,"company_name":"AIR T INC","ticker":"AIRT","form_type":"8-K","filed_at":"2024-07-01T23:59:59+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"Air T furnishes updated FY2024 Q4 investor presentation","summary_kind":"llm","event_type":"other","confidence":"low","bullets":["Updated PowerPoint presentation as of March 31, 2024 furnished as Exhibit 99.1.","Presentation is used for potential investor group meetings.","No specific financial results or material changes disclosed in the filing or exhibit snippet."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":55947327.99999999,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":234197,"accession_number":"0000353184-24-000059","cik":353184,"company_name":"AIR T INC","ticker":"AIRT","form_type":"8-K","filed_at":"2024-05-31T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Air T subsidiary CAS redeems 16% of CEO's interest for $4.57M plus earnout","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["CAS will redeem 16% of Joe Kuhn’s 21% membership interest for $4.57M via secured subordinated note.","Note bears interest at 10-year Treasury + 375 bps; 12-month interest-only then 3-year amortization with deferral if loan default risk.","Earnout: annual payment of 9.14% of CAS Adjusted EBITDA above $7M through FY2029, subordinated to senior debt.","Remaining 5% interest subject to put/call from April 2026 at 5% of CAS Equity Value (9x avg EBITDA minus debt).","Transaction effective April 1, 2024; related-party with CAS's CEO."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":55947327.99999999,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}