Air Industries Group filed SEC Form 8-K: Entry into a Material Definitive Agreement, Financial Statements and Exhibits
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Item 1.01 Entry Into a Definitive Material Agreement.
On September 10, 2025, we, Air Industries Group, entered into the Ninth Amendment to Loan and Security Agreement with Webster Bank (“Ninth Amendment”). In the Ninth Amendment, we agreed that $3,930,000 of the proceeds from our At The Market Offering would be maintained in an interest bearing account at Webster Bank. The funds in this account serve as security for our obligations under the Loan and Security Agreement.
A copy of the Ninth Amendment is annexed to this Report as Exhibit 10.1 and reference is made thereto for the complete terms and conditions of the Ninth Amendment.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. | Description | |
10.1 | Ninth Amendment to Loan and Security Agreement with Webster Bank, National Association | |
104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: September 12, 2025
AIR INDUSTRIES GROUP | ||
By: | /s/ Scott Glassman | |
Scott Glassman | ||
Chief Financial Officer |
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