Mergers & Acquisitions ·
Air Industries Group entered into an Amended and Restated Agreement and Plan of Merger with Tenax Aerospace…
AIRIAir Industries Group
Air Industries Group entered into an Amended and Restated Agreement and Plan of Merger with Tenax Aerospace Acquisition, LLC, involving the issuance of 126,900,000 shares of common stock to Tenax members, resulting in Tenax members owning approximately 96% of the company. The transaction includes a 1-for-5 reverse stock split to adjust share counts and pricing. Air Industries Group operates in the aerospace industry and provides various aviation-related services.