Brief: Tenax Aerospace And Air Industries Group Announce Strategic Combination To Form Scaled Aerospace And Defense Platform

Air Industries

17/02/2026 12:37

Feb 17 (Reuters) - Air Industries Group AIRI.A:

TENAX AEROSPACE AND AIR INDUSTRIES GROUP ANNOUNCE STRATEGIC COMBINATION TO FORM SCALED AEROSPACE AND DEFENSE PLATFORM

AIR INDUSTRIES GROUP - COMBINED COMPANY TO REMAIN LISTED ON NYSE AMERICAN UNDER THE SYMBOL AIRI

AIR INDUSTRIES GROUP - TOM FOLEY EXPECTED TO BECOME CHAIRMAN OF COMBINED COMPANIES

AIR INDUSTRIES GROUP: AT TIME OF MERGER, AIR WILL ISSUE SHARES OF ITS COMMON STOCK TO HOLDERS OF TENAX MEMBERSHIP UNITS

AIR INDUSTRIES GROUP - TENAX SHAREHOLDERS TO OWN 95% OF AIR'S OUTSTANDING SHARES

AIR INDUSTRIES GROUP: TRANSACTION IS NOT CONDITIONED UPON RECEIPT OF FINANCING BY TENAX

Source text: ID:nBwcdKHVKa

Further company coverage: AIRI.A

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