Every material Form 8-K AIR INDUSTRIES GROUP has filed with the SEC since July 09, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Air Industries Group reported results for the three and nine months ended September 30, 2026, in a press release furnished under Item 2.02. Third-quarter net sales rose 41.1% and the company swung to net income from a loss a year earlier, though results include merger-related costs tied to its pending merger with Tenax Aerospace Acquisition, LLC.
Q3 2026 net sales were $14.6 million, up from $10.3 million in Q3 2025; net income was $946,000 versus a net loss of $44,000.
Nine-month net sales were $38.2 million, up 8.7%, and the net loss narrowed to $902,000 from $1.5 million.
Q3 operating costs included $539,000 of stock compensation and merger-related expenses, with $503,000 of merger-related expense.
The company cited October 2026 net sales of about $5.6 million and firm customer orders in backlog of $95.4 million.
On August 18, 2026, Air Industries Group signed a Twelfth Amendment to its Loan and Security Agreement with Webster Bank, extending the maturity of its revolving credit and term loans to November 30, 2026. Concurrently, the holders of its subordinated notes, Michael Taglich and Robert Taglich, agreed to extend those notes' maturity to December 1, 2026. The filing does not state loan amounts or other terms, so the change mainly moves the dates by which the company must repay this debt.
Twelfth Amendment to Loan and Security Agreement with Webster Bank dated August 18, 2026
Revolving credit and term loan maturity extended to November 30, 2026
Subordinated notes held by Michael Taglich and Robert Taglich extended to December 1, 2026
Filing dated August 24, 2026 and signed by Acting Chief Executive Officer Scott Glassman; loan amounts not disclosed in the filing
Air Industries Group amended its merger agreement with Tenax Aerospace Acquisition, LLC on July 31, 2026, extending the Outside Date from September 30, 2026 to November 30, 2026. The company said an SEC review of its Form S-4 registration statement will likely prevent closing by September 30, and it does not expect the review to change the merger's economic terms.
Outside Date extended by 60 days, from September 30, 2026 to November 30, 2026
SEC notified the company it will review the Form S-4 filed July 22, 2026
Acting CEO Scott Glassman expects the registration statement to be effective before the end of the third quarter and closing before November 30
Air Industries Group and Tenax Aerospace signed an Amended and Restated Merger Agreement on July 2, 2026, replacing the February 16, 2026 agreement. The revised deal fixes the share issuance and gives Tenax members about 96% of the combined company's common stock, leaving existing AIR stockholders with about 4%, which would be a major dilution for current shareholders if the merger closes.
Merger Consideration fixed at 126,900,000 AIR shares before the 1-for-5 reverse split (25,380,000 after), with the Debt Adjusted AIR Share Price set at $3.05 ($15.25 post-split).
Stockholders must approve raising authorized shares from 20 million to 200 million and the share issuance that would result in a change in control; the Closing must occur by September 30, 2026.
The tender offer in the original agreement for up to 1,000,000 shares has been eliminated.
Termination fees of $1,250,000 apply in specified circumstances, and AIR may reimburse Tenax up to $500,000 if stockholders do not approve the transaction.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every AIR INDUSTRIES GROUP filing is on SEC EDGAR ↗. 8-K briefs of other companies →