secwatch.observer — SEC 8-K summary
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Issuer:     AIR T INC (AIRT)
CIK:        0000353184
Form:       8-K
Filed at:   2025-10-21T23:59:59+00:00
Accession:  0000353184-25-000113
Event type: m_and_a
Sentiment:  positive
Materiality: 0.80
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Air T agrees to acquire Regional Express Holdings (Rex) in Australian regional airline deal
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/353184/000035318425000113/0000353184-25-000113-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/353184/000035318425000113/airt-20251021.htm
  HTML page:      https://secwatch.observer/filing/0000353184-25-000113

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