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Air Industries Group entered into a definitive Agreement and Plan of Merger to combine with Tenax Aerospace Acquisition, LLC in a stock-for-stock transaction. Tenax members will receive approximately 112.5 million shares of AIR common stock, resulting in Tenax shareholders owning approximately 95% of the combined company, which is expected to remain listed on the NYSE American.
Event Type
Disclosure
Mandatory
Variant
8-K
Entry into a Material Definitive Agreement. Agreement and Plan of Merger On February 16, 2026, Air Industries Group, a Nevada corporation (“ AIR ”), entered int
Unregistered Sales of Equity Securities The disclosure contained in Item 1.01 above is hereby incorporated into this Item 3.02 by reference. Item 7.01 – Regulat
, including Exhibit 99.1 to this Current Report on Form 8-K, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as a
Financial Statements and Exhibits (d) Exhibits Exhibit No. Description 2.1* Agreement and Plan of Merger, by and among Air Industries Group, a Nevada corporatio
| Metric | Value | Basis |
|---|---|---|
| Revenue | $183.30 | Non-GAAP |
| Adjusted EBITDA | $65.00 | Non-GAAP |
Acquisition / Disposition
Material Agreement