---
schema_version: "secwatch.filing_event.v1"
accession: "0000353184-25-000017"
form_type: "8-K"
ticker: "AIRT"
cik: "0000353184"
company_name: "AIR T INC"
filed_at: "2025-04-04T23:59:59+00:00"
generated_at: "2026-05-23T21:37:13.036404+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Air T adds $3M overline credit facility for seasonal needs; releases four borrowers from Alerus agreement

## Summary
- 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.

## SEC filing metadata
- accession: 0000353184-25-000017
- form_type: 8-K
- ticker: AIRT
- cik: 0000353184
- company_name: AIR T INC
- filed_at: 2025-04-04T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/353184/000035318425000017/0000353184-25-000017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/353184/000035318425000017/airt-20250404.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000353184-25-000017
- JSON: https://secwatch.observer/filing/0000353184-25-000017.json
- Plain text: https://secwatch.observer/filing/0000353184-25-000017.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.