BRIEF-Air Industries To Execute 1-For-5 Reverse Stock Split Ahead Of Tenax Merger

Air Industries Group

AIRI

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July 9 (Reuters) - Air Industries Group AIRI.A:

AIR INDUSTRIES GROUP ANNOUNCES AMENDED AND RESTATED MERGER AGREEMENT WITH TENAX AEROSPACE
AIR INDUSTRIES GROUP - AMENDED MERGER AGREEMENT SUPERSEDES AGREEMENT AND PLAN OF MERGER THAT WAS EXECUTED BY PARTIES ON FEBRUARY 16, 2026
AIR INDUSTRIES GROUP - FIXED MERGER CONSIDERATION OF 126.9 MILLION SHARES OF COS COMMON STOCK TO BE ISSUED TO HOLDERS OF MEMBERSHIP INTERESTS IN TENAX
AIR INDUSTRIES GROUP - TO EFFECT REVERSE STOCK SPLIT OF ISSUED & OUTSTANDING SHARES AT RATIO OF ONE POST-SPLIT SHARE FOR EVERY FIVE PRE-SPLIT SHARES
AIR INDUSTRIES GROUP - AMENDED MERGER AGREEMENT ELIMINATES TENDER OFFER CONTEMPLATED BY FEBRUARY AGREEMENT

Source text: ID:nBw7H9RJNa

Further company coverage: AIRI.A

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