AIR INDUSTRIES GROUP amended Eleventh Amendment to Loan and Security Agreement with Webster Bank valued at Maturity date extended to September 30, 2026 (effective 2026-02-26).
“On February 26, 2026, we, Air Industries Group, entered into an Eleventh Amendment to our Loan and Security Agreement with Webster Bank ("Eleventh Amendment").”
Material Agreements
AIR INDUSTRIES GROUP entered into Agreement and Plan of Merger with Tenax Aerospace Acquisition, LLC valued at AIR will issue up to 94,400,000 shares of AIR Common Stock, subject to adjustment, constituting the (effective 2026-02-16).
“On February 16, 2026, Air Industries Group, a Nevada corporation (“ AIR ”), entered into an Agreement and Plan of Merger (the “ Merger Agreement ”) with Tenax Aerospace Acquisition, LLC, a Delaware limited liability company (“ Tenax ”), and Transitory Air Sub LLC , a Delaware limited liability company and wholly owned Subsidiary of AIR (“ Merger Sub ”), pursuant to which Merger Sub will merge with and into Tenax, with Tenax continuing as the surviving company in such merger (the “ Merger ”) and a wholly owned Subsidiary of AIR.”
Governance Changes
AIR INDUSTRIES GROUP: Amended quorum requirement in Bylaws from a majority to thirty-three and one third percent (33.33%) of outstanding shares (effective 2025-07-08).
“Pursuant to a resolution approved by its Board of Directors, effective July 8, 2025, the Company adopted an amendment to the quorum requirement contained in Section 2.07 of the Company’s Amended and Restated Bylaws (“Bylaws”) to provide that the holders of thirty-three and one third percent (33.33%) of the outstanding shares of Common Stock entitled to vote at a shareholders meeting, present in person or represented by proxy, shall constitute a quorum for the transaction of business.”
Governance Changes
AIR INDUSTRIES GROUP: Increased authorized shares of common stock from 6,000,000 to 20,000,000 (effective 2025-07-08).
“On July 8, 2025, Air Industries Group (the “Company”) filed with the Secretary of State of Nevada a Certificate of Amendment to its Articles of Incorporation increasing the number of shares of common stock, par value $0.001 per share, it is authorized to issue from 6,000,000 to 20,000,000 shares.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.