Air T entered into an At the Market Offering Agreement to sell up to $8 million of common stock through Ascendiant Capital Markets. The ATM allows the company to sell shares from time to time on Nasdaq or other permitted markets, or in approved private transactions, with no obligation to sell. Air T will pay a 3.0% placement fee on gross proceeds from shares sold. The program is intended to provide flexible access to equity capital under the company's effective shelf registration.
Agreement details:
- Agreement type: At the Market Offering Agreement for up to $8,000,000 of common stock
- Counterparty: Ascendiant Capital Markets
- Signed / Effective: Jul 10 2026 / same
- Duration / Termination: At will
- Reason: Increase financial flexibility and access to equity capital
Original SEC Filing:
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