{"id":954664,"date":"2026-04-24T16:35:05","date_gmt":"2026-04-24T20:35:05","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/air-industries-group-provides-required-disclosure\/"},"modified":"2026-04-24T16:35:05","modified_gmt":"2026-04-24T20:35:05","slug":"air-industries-group-provides-required-disclosure","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/air-industries-group-provides-required-disclosure\/","title":{"rendered":"Air Industries Group Provides Required Disclosure"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b><i>Air Industries Group Provides Required Disclosure<\/i><\/b><\/p>\n<p>BAY SHORE, N.Y.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<b>Air Industries Group (NYSE American: AIRI)<\/b>, an integrated Tier 1 manufacturer of precision assemblies and components for mission-critical aerospace and defense applications, and a prime contractor to the U.S. Department of Defense, today advised that its Financial Statements included in its Annual Report on Form 10-K for the year ended December 31, 2025, contained an audit report from its Independent Registered Public Accounting Firm with an explanatory paragraph emphasizing that the Consolidated Financial Statements were prepared assuming that the Company will continue as a going concern. Release of this information is required by Section 610(b) of the NYSE American Company Guide and does not reflect any change or amendment to any of the Company\u2019s filings for the fiscal year ended December 31, 2025.<\/p>\n<p>\nAs previously announced on February 17, 2026, the Company entered into a merger agreement with Tenax Aerospace Acquisition, LLC. Pursuant to the merger agreement, all of the Company\u2019s existing indebtedness is to be paid upon closing of the transaction. Details of the merger can be found in the Company\u2019s Report on Form 8-K filed on February 17, 2026.<\/p>\n<p><b>Forward Looking Statements<\/b><\/p>\n<p>\nCertain matters discussed in this press release are &#8216;forward-looking statements&#8217; intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. In particular, the Company&#8217;s statements regarding trends in the marketplace, future revenues, earnings and Adjusted EBITDA, the ability to realize firm backlog and projected backlog, cost cutting measures, potential future results and acquisitions, are examples of such forward-looking statements. The forward-looking statements are subject to numerous risks and uncertainties, including, but not limited to, the timing of projects due to variability in size, scope and duration, the inherent discrepancy in actual results from estimates, projections and forecasts made by management, regulatory delays, changes in government funding and budgets, and other factors, including general economic conditions, not within the Company&#8217;s control. The factors discussed herein and expressed from time to time in the Company&#8217;s filings with the Securities and Exchange Commission could cause actual results and developments to be materially different from those expressed in or implied by such statements. The forward-looking statements are made only as of the date of this press release and the Company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260424659245r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20260424659245\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260424659245\/en\/<\/a><\/span><\/p>\n<p>\nAir Industries Group<br \/>\n<br \/>Investor Relations<br \/>\n<br \/>631.328.7078<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:ir@airindustriesgroup.com\">ir@airindustriesgroup.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> New York United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Aerospace Manufacturing Other Transport Air Transport Other Manufacturing Other Defense Steel Defense Contracts Engineering<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260424659245\/en\/737641\/3\/Air_Industries_Logo-Full_Version.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Air Industries Group Provides Required Disclosure BAY SHORE, N.Y.&#8211;(BUSINESS WIRE)&#8211;Air Industries Group (NYSE American: AIRI), an integrated Tier 1 manufacturer of precision assemblies and components for mission-critical aerospace and defense applications, and a prime contractor to the U.S. Department of Defense, today advised that its Financial Statements included in its Annual Report on Form 10-K for the year ended December 31, 2025, contained an audit report from its Independent Registered Public Accounting Firm with an explanatory paragraph emphasizing that the Consolidated Financial Statements were prepared assuming that the Company will continue as a going concern. Release of this information is required by Section 610(b) of the NYSE American Company Guide and does not reflect any change or amendment to any &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/air-industries-group-provides-required-disclosure\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Air Industries Group Provides Required Disclosure&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-954664","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Air Industries Group Provides Required Disclosure - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/air-industries-group-provides-required-disclosure\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Air Industries Group Provides Required Disclosure - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Air Industries Group Provides Required Disclosure BAY SHORE, N.Y.&#8211;(BUSINESS WIRE)&#8211;Air Industries Group (NYSE American: AIRI), an integrated Tier 1 manufacturer of precision assemblies and components for mission-critical aerospace and defense applications, and a prime contractor to the U.S. Department of Defense, today advised that its Financial Statements included in its Annual Report on Form 10-K for the year ended December 31, 2025, contained an audit report from its Independent Registered Public Accounting Firm with an explanatory paragraph emphasizing that the Consolidated Financial Statements were prepared assuming that the Company will continue as a going concern. 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