Air T enters into $8M at-the-market equity offering agreement with Ascendiant Capital Markets

AIR T INC

Up to $8M of common stock may be sold from time to time through Ascendiant Capital Markets as agent.
Agent receives 3% placement fee on gross sales; sales may be made on Nasdaq Capital Market or in negotiated transactions.
Company not obligated to sell any shares; proceeds for general corporate purposes.
ATM under existing shelf registration statement effective March 27, 2024.

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