SEPTInvestingStart Free

AIRI 424B3: Acquisition

Filed with the SEC on · accession 0001213900-26-116546

AIRI filed a 424B3 (prospectus (offering)) with the SEC on Nov 6, 2026. The final terms of an offering of shares or bonds. The stock moved +5.3% by the first close after the filing.

Summary of the filing

Air Industries Group (AIRI) is holding a special meeting to approve the issuance of 126.9 million shares (25.38 million post-reverse-split) to acquire Tenax Aerospace, resulting in a change of control where Tenax holders will own ~96% of the combined company and Thomas Foley will own ~52%.

For details, click here →How to read a 424B3 →

Key details

Shares of AIR common stock issued or reserved as merger consideration$126.9M
Shares of AIR common stock as merger consideration after reverse stock split adjustment$25.4M
Increase in authorized shares of AIR common stock$200.0M
Current authorized shares of AIR common stock$20.0M
Acquirer / surviving public companyAir Industries Group
Target / surviving subsidiary of airTenax Aerospace Acquisition, LLC
Merger subsidiary of airTransitory Air Sub LLC
Affiliate of controlling shareholder groupNTC Group
Tenax member / controlling shareholderThomas Foley
Affiliate of ntc groupTaran Bakker

How AIRI stock reacted

Close before

$2.66

Nov 5, 2026

First close after

+5.26%

$2.80

5 trading days

—

Since filing

+6.77%

$2.84

✦ Ask GOAX AI about this filing — what it means for AIRI, what changed since its last filings and what to watch next.

Try it free for 7 days

🔔 Want to stay updated on new SEC filings for AIRI?

Click here

Frequently asked questions

What did AIRI file with the SEC on Nov 6, 2026?

AIRI filed a 424B3 (Acquisition). Air Industries Group (AIRI) is holding a special meeting to approve the issuance of 126.9 million shares (25.38 million post-reverse-split) to acquire Tenax Aerospace, resulting in a change of control where Tenax holders will own ~96% of the combined company and Thomas Foley will own ~52%.

What does a acquisition mean for AIRI stock?

A contract important enough that investors need to know about it — a big customer contract, a loan, a merger agreement or a partnership.

How do I read a 424B3?

The final terms of an offering of shares or bonds. Look at price, number of shares and the discount to the market price. Large offerings dilute existing shareholders.

Why are SEC filings important?

Public companies must tell the SEC about anything that can change their value — results, leadership changes, big deals, new shares, bankruptcy. Filings are the official source, often before the news. A 424B3 (prospectus (offering)): The final terms of an offering of shares or bonds.

How did AIRI stock react to this filing?

AIRI closed at $2.66 before the filing and $2.80 on Nov 6, 2026 (+5.26%).

Other AIRI SEC filings

Get alerts when AIRI files with the SEC, plus live charts, key levels and news for 13,000+ stocks.

Try SEPT free for 7 days
AIRI overviewAIRI analysisAIRI newsLatest SEC filings