AIR T INC 8-K

What Happened

• Air T, Inc. (AIRT) filed an 8-K on July 10, 2026 announcing it entered into an At the Market Offering Agreement with Ascendiant Capital Markets, LLC. Under the agreement the company may offer and sell up to $8,000,000 aggregate offering price of its common stock from time to time. The company is not obligated to sell any shares and will file a prospectus supplement dated July 10, 2026 relating to the offering.

Key Details

• Agreement date: July 10, 2026; Agent: Ascendiant Capital Markets, LLC.
• Maximum offering: up to $8,000,000 of common stock (no minimum sales required).
• Placement fee: 3.0% of gross sales price for shares sold through the Agent.
• Offering vehicle: shares to be sold pursuant to Air T’s shelf registration statement on Form S-3 (effective March 27, 2024); prospectus supplement filed July 10, 2026.
• Legal opinion and consent from Winthrop & Weinstine, P.A. filed as Exhibit 5.1; company will monitor sales with related Air T Funding ATM programs under Form S-3 capacity limits (General Instruction I.B.6).

Why It Matters

• This ATM agreement gives Air T a flexible way to raise equity capital over time without a single large offering. If the company sells shares, existing shareholders could see dilution depending on the amount sold. The 3.0% placement fee will reduce net proceeds from any sales. The filing does not commit to any sales or state intended use of proceeds; investors should watch future SEC filings (prospectus supplements and 8-Ks) for actual sales, timing, and any disclosed use of funds.