The principal buyers of the private placement were its largest shareholder and their affiliates. Moreover, the private placement buyers have an option to buy an additional $4.0 million at the same $17.00 per-share price.
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MINNEAPOLIS, MN / ACCESSWIRE / October 22, 2024 / Air T, Inc. (NASDAQ:AIRT) is pleased to announce the appointment of Tracy Kennedy as Chief Financial Officer, effective October 16, 2024. Tracy has been with Air T for over six years, serving first as Director of Accounting, then Corporate Controller, and most recently as Chief Accounting Officer. She has played a pivotal role in building out our accounting department and leading that department through a period of significant growth."Tracy has demonstrated exceptional leadership and a deep understanding of our financial statements and businesses," said Nick Swenson, CEO of Air T, Inc. "Throughout her tenure with us, she has consistently show
8-K - AIR T INC (0000353184) (Filer)
8-K - AIR T INC (0000353184) (Filer)
8-K - AIR T INC (0000353184) (Filer)
CHARLOTTE, NC / ACCESSWIRE / August 11, 2023 / Air T, Inc. (NASDAQ:AIRT) is an industrious American company with a portfolio of businesses, each of which is independent yet interrelated. We seek dynamic individuals and teams to operate companies using processes that increase value over time. We believe we can apply corporate resources to help activate growth and overcome challenges.Our core segments are overnight air cargo; aviation ground equipment manufacturing and sales; commercial jet engines and parts; and corporate and other.Today the Company is announcing results for the fiscal first quarter ended June 30, 2023:Revenues totaled $71.4 million for the quarter ended June 30, 2023, an inc
SC 13D/A - AIR T INC (0000353184) (Subject)
SC 13G/A - AIR T INC (0000353184) (Subject)
SC 13D/A - AIR T INC (0000353184) (Subject)
Traditionally reliant on paper documentation, aviation companies like Latitude Aero face an increasing demand for digital solutions to streamline recordkeeping while keeping with FAA data security and regulatory compliance standards.GREENSBORO, NC / ACCESSWIRE / November 8, 2024 / Latitude Aero, a leading aircraft seating refurbishment company, has successfully transitioned to FAA-compliant digital recordkeeping and electronic signatures by implementing Vista-Suite.com Enterprise, a cloud-based ERP and MRO software from Ambry Hill Technologies.FAA AC 120-78A Digital Recordkeeping ApprovedMobile device showing an announcement that aftermarket companies can use vista-suite.com for FAA approval
MINNEAPOLIS, MN / ACCESSWIRE / October 22, 2024 / Air T, Inc. (NASDAQ:AIRT) is pleased to announce the appointment of Tracy Kennedy as Chief Financial Officer, effective October 16, 2024. Tracy has been with Air T for over six years, serving first as Director of Accounting, then Corporate Controller, and most recently as Chief Accounting Officer. She has played a pivotal role in building out our accounting department and leading that department through a period of significant growth."Tracy has demonstrated exceptional leadership and a deep understanding of our financial statements and businesses," said Nick Swenson, CEO of Air T, Inc. "Throughout her tenure with us, she has consistently show
CHARLOTTE, NC / ACCESSWIRE / August 19, 2024 / AIR T, INC (NASDAQ:AIRT) announced today that the Company's 2024 Annual Meeting of Stockholders (the "Annual Meeting") will be available to attendees via webcast as well as in person. As previously announced, the Annual Meeting will be held on Wednesday, August 21, 2024, at 8:30 AM, Central Time. Stockholders will be able to physically attend the Annual Meeting or participate via webcast. Directors and members of management will be physically in attendance at the Company's St. Louis Park office at 5000 W 36th Street, Minneapolis, MN 55416.As described in the Company's proxy statement, you are entitled to attend and vote at the Annual Meeting if
4 - AIR T INC (0000353184) (Issuer)
4/A - AIR T INC (0000353184) (Issuer)
4 - AIR T INC (0000353184) (Issuer)