secwatch.observer — SEC 8-K summary
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Issuer:     AIR INDUSTRIES GROUP (AIRI)
CIK:        0001009891
Form:       8-K
Filed at:   2026-11-10T21:27:21+00:00
Accession:  0001213900-26-118055
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 3.03, 5.03, 7.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Air Industries sets 1-for-5 reverse stock split effective Nov. 20 to meet NYSE American $4 listing rule
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- Reverse split effective 12:01 a.m. ET on Nov. 20, 2026; ticker stays AIRI, new CUSIP 00912N 502; outstanding shares drop from 4,856,181 to about 971,237.
- Board authorized the split on Nov. 3, 2026 under Nevada NRS 78.207 without shareholder approval; fractional shares rounded up, no cash paid for fractions.
- Split is driven by the Tenax Aerospace Acquisition merger: NYSE American Section 341 requires a post-reverse-merger entity to meet the $4.00 initial listing price.
- Stockholders vote Nov. 18, 2026 on raising authorized shares from 20 million to 200 million; the split then reduces authorized shares to 40 million.
- Company warns there is no assurance AIRI trades above $4.00 at the merger's effective time, which would leave the combined company short of NYSE American listing standards.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1009891/000121390026118055/0001213900-26-118055-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1009891/000121390026118055/ea0311707-8k_airindus.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-118055

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