Mergers & Acquisitions ·
Air Industries Group entered into an amendment to its merger agreement with Tenax Aerospace Acquisition, LLC and…
AIRIAir Industries Group
Air Industries Group entered into an amendment to its merger agreement with Tenax Aerospace Acquisition, LLC and Transitory Air Sub LLC on June 8, 2026. The amendment modifies the definition of Net Indebtedness to account for a $1,971,070 prepayment received by its subsidiary, Air Industries Machining Corp., on June 2, 2026. This adjustment is intended to mitigate the impact of this advance and a related promissory note on the calculation of the number of shares of common stock to be issued in the merger. Air Industries Group operates in the aerospace industry and provides machining and manufacturing services.