Air Industries Group announced a one-for-five reverse stock split of its common stock to ensure the combined entity meets NYSE American initial listing standards following a proposed merger with Tenax Aerospace Acquisition. The split is authorized by the Board and will take effect at 12:01 a.m. ET on November 20, 2026, reducing outstanding shares from approximately 4.86 million to roughly 971,237 while proportionally decreasing authorized shares from 200 million to 40 million. Fractional shares will be rounded up to the nearest whole share with no cash payment issued for fractions. Air Industries Group is an integrated manufacturer of precision assemblies and components for leading aerospace and defense prime contractors.
