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.
Save time and jump to the most important pieces.
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 / November 12, 2024 / 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 with processes and insights that drive increasing value over time. We believe we can invest corporate resources to help activate growth and overcome challenges.Our core segments are overnight air cargo; ground equipment sales; commercial jet engines and parts; and corporate and other. The Company also invests in non-consolidated investments, notably in Crestone Asset Management, LLC and its joint venture, Crestone JV II LLC.Today the Company is ann
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
4 - AIR T INC (0000353184) (Issuer)
4/A - AIR T INC (0000353184) (Issuer)
4 - AIR T INC (0000353184) (Issuer)
CHARLOTTE, NC / ACCESSWIRE / November 12, 2024 / 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 with processes and insights that drive increasing value over time. We believe we can invest corporate resources to help activate growth and overcome challenges.Our core segments are overnight air cargo; ground equipment sales; commercial jet engines and parts; and corporate and other. The Company also invests in non-consolidated investments, notably in Crestone Asset Management, LLC and its joint venture, Crestone JV II LLC.Today the Company is ann
NEW YORK, Nov. 12, 2024 /PRNewswire/ -- Ashland Place Finance LLC ("Ashland Place"), a commercial aviation financing platform, today announced the completion of a new facility financing the acquisition of a Boeing 737-800 for Crestone Air Partners, Inc. ("Crestone"), Air T, Inc. ("Air T") and Mill Road Capital Management LLC ("Mill Road"). This is the third transaction that the Ashland Place platform has completed with Crestone, having previously financed the acquisitions of three Boeing 737-800 freighters in January 2024 and four CFM56 engines in July 2022. "We are proud to continue our relationship with Crestone through this additional financing opportunity," said Jennifer Villa, Ashland
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
SC 13D/A - AIR T INC (0000353184) (Subject)
SC 13G/A - AIR T INC (0000353184) (Subject)
SC 13D/A - AIR T INC (0000353184) (Subject)
8-K - AIR T INC (0000353184) (Filer)
8-K - AIR T INC (0000353184) (Filer)
10-Q - AIR T INC (0000353184) (Filer)