secwatch.observer — SEC 8-K summary
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Issuer:     AIR T FUNDING (—)
CIK:        0001760001
Form:       8-K
Filed at:   2024-04-25T23:59:59+00:00
Accession:  0001104659-24-051990
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Air T enters ATM agreement to sell up to $8M of 8% Cumulative Capital Securities
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- Air T Funding may sell up to $8,000,000 of Alpha Income Preferred Securities (8% cumulative) through Ascendiant Capital Markets.
- Sales agent receives 3.0% commission on gross proceeds; sales at market prices on NASDAQ under Rule 415.
- Trust has no obligation to sell; offering may be suspended or terminated at any time.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1760001/000110465924051990/0001104659-24-051990-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/353184/000110465924051990/tm2412644d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-051990

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer