{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-26-118047","form_type":"8-K","ticker":"AIRI","cik":"0001009891","company_name":"AIR INDUSTRIES GROUP","filed_at":"2026-11-10T21:21:26+00:00","discovered_at":"2026-11-10T21:22:00.108145+00:00","generated_at":"2026-11-10T21:22:09.694837+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.62,"calibrated_materiality_score":0.62,"confidence":"high","headline":"Air Industries extends Santander loan maturity to April 30, 2027 and Taglich notes to May 1, 2027","bullets":["Air Industries' Thirteenth Amendment with Santander Bank extends revolving and term loan maturity to April 30, 2027; AIRI paid a $50,000 amendment fee.","Borrowers also owe a $50,000 additional fee at maturity, making aggregate additional fees $200,000 with the prior $150,000 fee from the Eleventh Amendment.","Michael and Robert Taglich extended related-party notes to May 1, 2027; if the Tenax merger does not close by Nov. 30, 2026, principal rises 2%.","Post-Nov. 30, 2026, Taglich note interest resets to greater of 12.5% or SOFR+8.5%, and default rate to greater of 24% or SOFR+15%; conversion price stays unchanged."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-118047","json":"https://secwatch.observer/filing/0001213900-26-118047.json","markdown":"https://secwatch.observer/filing/0001213900-26-118047.md","text":"https://secwatch.observer/filing/0001213900-26-118047.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1009891/000121390026118047/0001213900-26-118047-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1009891/000121390026118047/ea0311564-8k_airindus.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-11-10T21:22:09.694837+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}