AG真人官方

STOCK TITAN
  1. Home
  2. Sec-filings
  3. AIRI
  4. [8-K] Air Industries Group Reports Material Event

[8-K] Air Industries Group Reports Material Event

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
8-K
Rhea-AI Filing Summary

On July 9, 2025, Sachem Capital Corp. (NYSE American: SACH) filed an 8-K reporting the voting results of its 2025 Annual Meeting of Shareholders.

  • Board elections: All five incumbent directors were re-elected; for example, CEO John L. Villano received 14.28 M FOR versus 5.56 M WITHHELD, a support level of roughly 72% of votes cast (13.33 M broker non-votes).
  • Auditor ratification: Baker Tilly US, LLP was reappointed with 31.70 M FOR, 0.99 M AGAINST, 0.48 M ABSTAIN鈥攐ver 96% approval.
  • Say-on-Pay: The advisory compensation resolution passed with 11.50 M FOR, 7.39 M AGAINST, 0.95 M ABSTAIN (鈮�58% support), indicating notable shareholder dissent.
  • 2025 Omnibus Incentive Plan: Approved with 11.71 M FOR, 6.16 M AGAINST, 1.96 M ABSTAIN (鈮�59% support), giving the company flexibility to grant new equity-based awards.

No earnings updates, financial statements, or transactional disclosures accompanied the filing. While the passage of all items preserves governance continuity and provides new incentive tools, the relatively slim margins on compensation matters suggest investors are monitoring pay-for-performance alignment.

Il 9 luglio 2025, Sachem Capital Corp. (NYSE American: SACH) ha presentato un 8-K riportando i risultati delle votazioni dell'Assemblea Annuale degli Azionisti 2025.

  • Elezioni del Consiglio: Tutti e cinque i direttori uscenti sono stati rieletti; ad esempio, l'Amministratore Delegato John L. Villano ha ricevuto 14,28 milioni di voti FAVOREVOLI contro 5,56 milioni ASTENUTI, con un livello di supporto di circa il 72% dei voti espressi (13,33 milioni di voti non espressi dai broker).
  • Ratifica del revisore: Baker Tilly US, LLP 猫 stata riconfermata con 31,70 milioni di voti FAVOREVOLI, 0,99 milioni CONTRARI, 0,48 milioni ASTENUTI鈥攐ltre il 96% di approvazione.
  • Say-on-Pay: La risoluzione consultiva sulla remunerazione 猫 stata approvata con 11,50 milioni FAVOREVOLI, 7,39 milioni CONTRARI, 0,95 milioni ASTENUTI (circa il 58% di supporto), indicando un dissenso significativo tra gli azionisti.
  • Piano Omnibus Incentivi 2025: Approvato con 11,71 milioni FAVOREVOLI, 6,16 milioni CONTRARI, 1,96 milioni ASTENUTI (circa il 59% di supporto), conferendo all鈥檃zienda la flessibilit脿 di concedere nuovi premi basati su azioni.

Non sono stati forniti aggiornamenti sugli utili, bilanci o comunicazioni relative a transazioni insieme alla presentazione. Sebbene l鈥檃pprovazione di tutti i punti garantisca continuit脿 nella governance e nuovi strumenti incentivanti, i margini relativamente ridotti sulle questioni retributive suggeriscono che gli investitori stiano monitorando l鈥檃llineamento tra compensi e performance.

El 9 de julio de 2025, Sachem Capital Corp. (NYSE American: SACH) present贸 un 8-K informando los resultados de votaci贸n de su Junta Anual de Accionistas 2025.

  • Elecciones de la Junta: Los cinco directores actuales fueron reelectos; por ejemplo, el CEO John L. Villano recibi贸 14.28 millones de votos A FAVOR frente a 5.56 millones RETENIDOS, un nivel de apoyo de aproximadamente el 72% de los votos emitidos (13.33 millones de votos no emitidos por brokers).
  • Ratificaci贸n del auditor: Baker Tilly US, LLP fue reelecto con 31.70 millones A FAVOR, 0.99 millones EN CONTRA, 0.48 millones ABSTENCIONES, con m谩s del 96% de aprobaci贸n.
  • Say-on-Pay: La resoluci贸n consultiva sobre compensaci贸n fue aprobada con 11.50 millones A FAVOR, 7.39 millones EN CONTRA, 0.95 millones ABSTENCIONES (鈮�58% de apoyo), indicando un desacuerdo notable entre los accionistas.
  • Plan Omnibus de Incentivos 2025: Aprobado con 11.71 millones A FAVOR, 6.16 millones EN CONTRA, 1.96 millones ABSTENCIONES (鈮�59% de apoyo), brindando a la empresa flexibilidad para otorgar nuevas recompensas basadas en acciones.

No se acompa帽aron actualizaciones de ganancias, estados financieros ni divulgaciones de transacciones con la presentaci贸n. Aunque la aprobaci贸n de todos los puntos preserva la continuidad de la gobernanza y proporciona nuevas herramientas de incentivos, los m谩rgenes relativamente estrechos en asuntos de compensaci贸n sugieren que los inversores est谩n vigilando la alineaci贸n entre pago y desempe帽o.

2025雲� 7鞗� 9鞚�, Sachem Capital Corp. (NYSE American: SACH)電� 2025雲� 鞐半 欤检＜齑濏殞 韴憸 瓴瓣臣毳� 氤搓碃頃橂姅 8-K毳� 鞝滌稖頄堨姷雼堧嫟.

  • 鞚挫偓須� 靹犼卑: 旮办〈 鞚挫偓 5氇� 鞝勳洂鞚� 鞛劆霅橃棃鞙茧┌, 鞓堧ゼ 霌れ柎 CEO John L. Villano電� 1,428毵� 響滌潣 彀劚瓿� 556毵� 響滌潣 旮瓣秾鞚� 氚涭晿鞙茧┌, 鞝勳泊 韴憸鞚� 鞎� 72% 歆�歆�毳� 鞏混棃鞀惦媹雼�(欷戧皽鞚� 牍勴埇響� 1,333毵� 響� 韽暔).
  • 臧愳偓鞚� 鞛劆鞛�: Baker Tilly US, LLP臧� 3,170毵� 響滌潣 彀劚, 99毵� 響滌潣 氚橂寑, 48毵� 響滌潣 旮瓣秾鞙茧 96% 鞚挫儊鞚� 鞀轨澑鞙潉 旮半頃橂┌ 鞛劆鞛勲悩鞐堨姷雼堧嫟.
  • 氤挫垬鞐� 甏�頃� 甓岅碃 韴憸(Say-on-Pay): 鞛愲 氤挫垬 瓴办潣鞎堨澊 1,150毵� 響滌潣 彀劚, 739毵� 響滌潣 氚橂寑, 95毵� 響滌潣 旮瓣秾鞙茧 鞎� 58%鞚� 歆�歆�毳� 氚涭晞 欤检＜霌れ潣 靸侂嫻頃� 氚橂寑臧� 鞛堨潓鞚� 雮橅儉雰堨姷雼堧嫟.
  • 2025雲� 膦呿暕 鞚胳劶韹半笇 瓿勴殟: 1,171毵� 響滌潣 彀劚, 616毵� 響滌潣 氚橂寑, 196毵� 響滌潣 旮瓣秾鞙茧 鞎� 59%鞚� 歆�歆�毳� 氚涭晞 須岇偓臧� 靸堧鞖� 欤检嫕 旮半皹 氤挫儊鞚� 攵�鞐暊 靾� 鞛堧姅 鞙犾棸靹膘潉 頇曤炒頄堨姷雼堧嫟.

鞚� 鞝滌稖靹滊鞐愲姅 靾橃澋 鞐呺嵃鞚错姼, 鞛鞝滍憸 霕愲姅 瓯半灅 瓿奠嫓臧� 韽暔霅橃 鞎婌晿鞀惦媹雼�. 氇摖 鞎堦贝鞚� 韱店臣電� 瓯半矂雱岇姢 鞐办啀靹膘潉 鞙犾頃橁碃 靸堧鞖� 鞚胳劶韹半笇 霃勱惮毳� 鞝滉车頃橃毵�, 氤挫垬 甏�霠� 靷晥鞐愳劀 牍勱祼鞝� 攴检唽頃� 彀澊電� 韴瀽鞛愲摛鞚� 靹标臣 雽�牍� 氤挫儊 鞚检箻毳� 欤检嫓頃橁碃 鞛堨潓鞚� 鞁滌偓頃╇媹雼�.

Le 9 juillet 2025, Sachem Capital Corp. (NYSE American : SACH) a d茅pos茅 un 8-K rapportant les r茅sultats des votes de son Assembl茅e G茅n茅rale Annuelle des Actionnaires 2025.

  • 脡lections du Conseil d'administration : Les cinq administrateurs en poste ont tous 茅t茅 r茅茅lus ; par exemple, le PDG John L. Villano a obtenu 14,28 millions de votes POUR contre 5,56 millions ABSTENTIONS, soit un taux de soutien d'environ 72 % des votes exprim茅s (13,33 millions de votes non exprim茅s par les courtiers).
  • Ratification de l'auditeur : Baker Tilly US, LLP a 茅t茅 reconduit avec 31,70 millions de votes POUR, 0,99 million CONTRE, 0,48 million ABSTENTIONS 鈥� plus de 96 % d'approbation.
  • Say-on-Pay : La r茅solution consultative sur la r茅mun茅ration a 茅t茅 adopt茅e avec 11,50 millions POUR, 7,39 millions CONTRE, 0,95 million ABSTENTIONS (鈮�58 % de soutien), indiquant un d茅saccord notable des actionnaires.
  • Plan d'incitation omnibus 2025 : Approuv茅 avec 11,71 millions POUR, 6,16 millions CONTRE, 1,96 million ABSTENTIONS (鈮�59 % de soutien), offrant 脿 la soci茅t茅 une flexibilit茅 pour attribuer de nouvelles r茅compenses bas茅es sur des actions.

Aucune mise 脿 jour des r茅sultats, 茅tats financiers ou divulgations transactionnelles n'a accompagn茅 ce d茅p么t. Bien que l鈥檃doption de tous les points assure la continuit茅 de la gouvernance et fournisse de nouveaux outils d鈥檌ncitation, les marges relativement 茅troites sur les questions de r茅mun茅ration sugg猫rent que les investisseurs surveillent attentivement l鈥檃lignement entre la r茅mun茅ration et la performance.

Am 9. Juli 2025 reichte Sachem Capital Corp. (NYSE American: SACH) ein 8-K ein, in dem die Abstimmungsergebnisse der Hauptversammlung 2025 ver枚ffentlicht wurden.

  • Vorstands-Wahlen: Alle f眉nf amtierenden Direktoren wurden wiedergew盲hlt; zum Beispiel erhielt CEO John L. Villano 14,28 Mio. 贵脺搁 gegen眉ber 5,56 Mio. ENTHALTENEN Stimmen, was etwa 72 % der abgegebenen Stimmen entspricht (13,33 Mio. Broker-Non-Votes).
  • Best盲tigung des Wirtschaftspr眉fers: Baker Tilly US, LLP wurde mit 31,70 Mio. 贵脺搁, 0,99 Mio. GEGEN, 0,48 Mio. ENTHALTUNGEN wiederbest盲tigt 鈥� 眉ber 96 % Zustimmung.
  • Say-on-Pay: Die beratende Verg眉tungsresolution wurde mit 11,50 Mio. 贵脺搁, 7,39 Mio. GEGEN, 0,95 Mio. ENTHALTUNGEN (鈮�58 % Zustimmung) angenommen, was auf eine deutliche Aktion盲rsdissent hinweist.
  • 2025 Omnibus-Incentive-Plan: Genehmigt mit 11,71 Mio. 贵脺搁, 6,16 Mio. GEGEN, 1,96 Mio. ENTHALTUNGEN (鈮�59 % Zustimmung), was dem Unternehmen Flexibilit盲t bei der Gew盲hrung neuer aktienbasierter Verg眉tungen gibt.

Es wurden keine Gewinnaktualisierungen, Finanzberichte oder Transaktionsoffenlegungen mit der Einreichung vorgelegt. W盲hrend die Annahme aller Punkte die Kontinuit盲t der Unternehmensf眉hrung sichert und neue Anreizinstrumente bereitstellt, deuten die relativ knappen Mehrheiten bei Verg眉tungsfragen darauf hin, dass Investoren die Ausrichtung von Bezahlung und Leistung genau beobachten.

Positive
  • All five incumbent directors re-elected, ensuring leadership continuity.
  • Auditor Baker Tilly ratified with >96% support, reinforcing external oversight confidence.
  • 2025 Omnibus Incentive Plan approved, providing flexibility for equity-based compensation and talent retention.
Negative
  • Only ~58% shareholder support for Say-on-Pay, indicating significant concern over executive compensation.
  • Similar 59% support for the Incentive Plan underscores ongoing scrutiny and potential future governance pressure.

Insights

TL;DR: All proposals passed, but 40% opposition on pay signals growing governance pressure; overall neutral-to-slight positive.

The resounding approval of auditor Baker Tilly (>96% support) and the re-election of the entire board secure operational stability. However, only ~58鈥�59% of votes backed the Say-on-Pay and Incentive Plan, a meaningful decline from typical 90%+ norms. Such dissent can trigger heightened proxy-advisor scrutiny and could force the board to refine compensation structures. Given that none of the measures failed, the immediate impact on capital markets is limited, but the board should treat the feedback seriously to avoid future activist interest.

TL;DR: Governance continuity maintained; modest pay dissent worth monitoring but not thesis-changing.

For investors in SACH鈥檚 common shares and outstanding notes (tickers SCCC, SCCD, SCCE, SCCF, SCCG), the meeting removes near-term uncertainty around board composition and auditor oversight鈥攌ey for a lender operating in niche real-estate credit. The new Omnibus Plan may lead to incremental dilution, yet offers retention tools essential for scaling assets. The sub-60% backing of compensation items is a yellow flag but unlikely to affect cash flows or credit metrics immediately. I view the filing as neutral: it neither upgrades nor downgrades the investment case but highlights an issue to track in 2026.

Il 9 luglio 2025, Sachem Capital Corp. (NYSE American: SACH) ha presentato un 8-K riportando i risultati delle votazioni dell'Assemblea Annuale degli Azionisti 2025.

  • Elezioni del Consiglio: Tutti e cinque i direttori uscenti sono stati rieletti; ad esempio, l'Amministratore Delegato John L. Villano ha ricevuto 14,28 milioni di voti FAVOREVOLI contro 5,56 milioni ASTENUTI, con un livello di supporto di circa il 72% dei voti espressi (13,33 milioni di voti non espressi dai broker).
  • Ratifica del revisore: Baker Tilly US, LLP 猫 stata riconfermata con 31,70 milioni di voti FAVOREVOLI, 0,99 milioni CONTRARI, 0,48 milioni ASTENUTI鈥攐ltre il 96% di approvazione.
  • Say-on-Pay: La risoluzione consultiva sulla remunerazione 猫 stata approvata con 11,50 milioni FAVOREVOLI, 7,39 milioni CONTRARI, 0,95 milioni ASTENUTI (circa il 58% di supporto), indicando un dissenso significativo tra gli azionisti.
  • Piano Omnibus Incentivi 2025: Approvato con 11,71 milioni FAVOREVOLI, 6,16 milioni CONTRARI, 1,96 milioni ASTENUTI (circa il 59% di supporto), conferendo all鈥檃zienda la flessibilit脿 di concedere nuovi premi basati su azioni.

Non sono stati forniti aggiornamenti sugli utili, bilanci o comunicazioni relative a transazioni insieme alla presentazione. Sebbene l鈥檃pprovazione di tutti i punti garantisca continuit脿 nella governance e nuovi strumenti incentivanti, i margini relativamente ridotti sulle questioni retributive suggeriscono che gli investitori stiano monitorando l鈥檃llineamento tra compensi e performance.

El 9 de julio de 2025, Sachem Capital Corp. (NYSE American: SACH) present贸 un 8-K informando los resultados de votaci贸n de su Junta Anual de Accionistas 2025.

  • Elecciones de la Junta: Los cinco directores actuales fueron reelectos; por ejemplo, el CEO John L. Villano recibi贸 14.28 millones de votos A FAVOR frente a 5.56 millones RETENIDOS, un nivel de apoyo de aproximadamente el 72% de los votos emitidos (13.33 millones de votos no emitidos por brokers).
  • Ratificaci贸n del auditor: Baker Tilly US, LLP fue reelecto con 31.70 millones A FAVOR, 0.99 millones EN CONTRA, 0.48 millones ABSTENCIONES, con m谩s del 96% de aprobaci贸n.
  • Say-on-Pay: La resoluci贸n consultiva sobre compensaci贸n fue aprobada con 11.50 millones A FAVOR, 7.39 millones EN CONTRA, 0.95 millones ABSTENCIONES (鈮�58% de apoyo), indicando un desacuerdo notable entre los accionistas.
  • Plan Omnibus de Incentivos 2025: Aprobado con 11.71 millones A FAVOR, 6.16 millones EN CONTRA, 1.96 millones ABSTENCIONES (鈮�59% de apoyo), brindando a la empresa flexibilidad para otorgar nuevas recompensas basadas en acciones.

No se acompa帽aron actualizaciones de ganancias, estados financieros ni divulgaciones de transacciones con la presentaci贸n. Aunque la aprobaci贸n de todos los puntos preserva la continuidad de la gobernanza y proporciona nuevas herramientas de incentivos, los m谩rgenes relativamente estrechos en asuntos de compensaci贸n sugieren que los inversores est谩n vigilando la alineaci贸n entre pago y desempe帽o.

2025雲� 7鞗� 9鞚�, Sachem Capital Corp. (NYSE American: SACH)電� 2025雲� 鞐半 欤检＜齑濏殞 韴憸 瓴瓣臣毳� 氤搓碃頃橂姅 8-K毳� 鞝滌稖頄堨姷雼堧嫟.

  • 鞚挫偓須� 靹犼卑: 旮办〈 鞚挫偓 5氇� 鞝勳洂鞚� 鞛劆霅橃棃鞙茧┌, 鞓堧ゼ 霌れ柎 CEO John L. Villano電� 1,428毵� 響滌潣 彀劚瓿� 556毵� 響滌潣 旮瓣秾鞚� 氚涭晿鞙茧┌, 鞝勳泊 韴憸鞚� 鞎� 72% 歆�歆�毳� 鞏混棃鞀惦媹雼�(欷戧皽鞚� 牍勴埇響� 1,333毵� 響� 韽暔).
  • 臧愳偓鞚� 鞛劆鞛�: Baker Tilly US, LLP臧� 3,170毵� 響滌潣 彀劚, 99毵� 響滌潣 氚橂寑, 48毵� 響滌潣 旮瓣秾鞙茧 96% 鞚挫儊鞚� 鞀轨澑鞙潉 旮半頃橂┌ 鞛劆鞛勲悩鞐堨姷雼堧嫟.
  • 氤挫垬鞐� 甏�頃� 甓岅碃 韴憸(Say-on-Pay): 鞛愲 氤挫垬 瓴办潣鞎堨澊 1,150毵� 響滌潣 彀劚, 739毵� 響滌潣 氚橂寑, 95毵� 響滌潣 旮瓣秾鞙茧 鞎� 58%鞚� 歆�歆�毳� 氚涭晞 欤检＜霌れ潣 靸侂嫻頃� 氚橂寑臧� 鞛堨潓鞚� 雮橅儉雰堨姷雼堧嫟.
  • 2025雲� 膦呿暕 鞚胳劶韹半笇 瓿勴殟: 1,171毵� 響滌潣 彀劚, 616毵� 響滌潣 氚橂寑, 196毵� 響滌潣 旮瓣秾鞙茧 鞎� 59%鞚� 歆�歆�毳� 氚涭晞 須岇偓臧� 靸堧鞖� 欤检嫕 旮半皹 氤挫儊鞚� 攵�鞐暊 靾� 鞛堧姅 鞙犾棸靹膘潉 頇曤炒頄堨姷雼堧嫟.

鞚� 鞝滌稖靹滊鞐愲姅 靾橃澋 鞐呺嵃鞚错姼, 鞛鞝滍憸 霕愲姅 瓯半灅 瓿奠嫓臧� 韽暔霅橃 鞎婌晿鞀惦媹雼�. 氇摖 鞎堦贝鞚� 韱店臣電� 瓯半矂雱岇姢 鞐办啀靹膘潉 鞙犾頃橁碃 靸堧鞖� 鞚胳劶韹半笇 霃勱惮毳� 鞝滉车頃橃毵�, 氤挫垬 甏�霠� 靷晥鞐愳劀 牍勱祼鞝� 攴检唽頃� 彀澊電� 韴瀽鞛愲摛鞚� 靹标臣 雽�牍� 氤挫儊 鞚检箻毳� 欤检嫓頃橁碃 鞛堨潓鞚� 鞁滌偓頃╇媹雼�.

Le 9 juillet 2025, Sachem Capital Corp. (NYSE American : SACH) a d茅pos茅 un 8-K rapportant les r茅sultats des votes de son Assembl茅e G茅n茅rale Annuelle des Actionnaires 2025.

  • 脡lections du Conseil d'administration : Les cinq administrateurs en poste ont tous 茅t茅 r茅茅lus ; par exemple, le PDG John L. Villano a obtenu 14,28 millions de votes POUR contre 5,56 millions ABSTENTIONS, soit un taux de soutien d'environ 72 % des votes exprim茅s (13,33 millions de votes non exprim茅s par les courtiers).
  • Ratification de l'auditeur : Baker Tilly US, LLP a 茅t茅 reconduit avec 31,70 millions de votes POUR, 0,99 million CONTRE, 0,48 million ABSTENTIONS 鈥� plus de 96 % d'approbation.
  • Say-on-Pay : La r茅solution consultative sur la r茅mun茅ration a 茅t茅 adopt茅e avec 11,50 millions POUR, 7,39 millions CONTRE, 0,95 million ABSTENTIONS (鈮�58 % de soutien), indiquant un d茅saccord notable des actionnaires.
  • Plan d'incitation omnibus 2025 : Approuv茅 avec 11,71 millions POUR, 6,16 millions CONTRE, 1,96 million ABSTENTIONS (鈮�59 % de soutien), offrant 脿 la soci茅t茅 une flexibilit茅 pour attribuer de nouvelles r茅compenses bas茅es sur des actions.

Aucune mise 脿 jour des r茅sultats, 茅tats financiers ou divulgations transactionnelles n'a accompagn茅 ce d茅p么t. Bien que l鈥檃doption de tous les points assure la continuit茅 de la gouvernance et fournisse de nouveaux outils d鈥檌ncitation, les marges relativement 茅troites sur les questions de r茅mun茅ration sugg猫rent que les investisseurs surveillent attentivement l鈥檃lignement entre la r茅mun茅ration et la performance.

Am 9. Juli 2025 reichte Sachem Capital Corp. (NYSE American: SACH) ein 8-K ein, in dem die Abstimmungsergebnisse der Hauptversammlung 2025 ver枚ffentlicht wurden.

  • Vorstands-Wahlen: Alle f眉nf amtierenden Direktoren wurden wiedergew盲hlt; zum Beispiel erhielt CEO John L. Villano 14,28 Mio. 贵脺搁 gegen眉ber 5,56 Mio. ENTHALTENEN Stimmen, was etwa 72 % der abgegebenen Stimmen entspricht (13,33 Mio. Broker-Non-Votes).
  • Best盲tigung des Wirtschaftspr眉fers: Baker Tilly US, LLP wurde mit 31,70 Mio. 贵脺搁, 0,99 Mio. GEGEN, 0,48 Mio. ENTHALTUNGEN wiederbest盲tigt 鈥� 眉ber 96 % Zustimmung.
  • Say-on-Pay: Die beratende Verg眉tungsresolution wurde mit 11,50 Mio. 贵脺搁, 7,39 Mio. GEGEN, 0,95 Mio. ENTHALTUNGEN (鈮�58 % Zustimmung) angenommen, was auf eine deutliche Aktion盲rsdissent hinweist.
  • 2025 Omnibus-Incentive-Plan: Genehmigt mit 11,71 Mio. 贵脺搁, 6,16 Mio. GEGEN, 1,96 Mio. ENTHALTUNGEN (鈮�59 % Zustimmung), was dem Unternehmen Flexibilit盲t bei der Gew盲hrung neuer aktienbasierter Verg眉tungen gibt.

Es wurden keine Gewinnaktualisierungen, Finanzberichte oder Transaktionsoffenlegungen mit der Einreichung vorgelegt. W盲hrend die Annahme aller Punkte die Kontinuit盲t der Unternehmensf眉hrung sichert und neue Anreizinstrumente bereitstellt, deuten die relativ knappen Mehrheiten bei Verg眉tungsfragen darauf hin, dass Investoren die Ausrichtung von Bezahlung und Leistung genau beobachten.

false --12-31 0001009891 0001009891 2025-07-08 2025-07-08 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

 

Date of Report (date of earliest event reported): July 8, 2025

 

AIR INDUSTRIES GROUP

(Exact Name of Registrant as Specified in its Charter)

 

Nevada   001-35927   80-0948413
State of Incorporation   Commission File Number   IRS Employer I.D. Number

 

1460 Fifth Avenue, Bay Shore, New York 11706

(Address of Principal Executive Offices)

 

Registrant’s telephone number: (631) 968-5000

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock, par value $0.001   AIRI   NYSE American

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ☐

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year

 

On July 8, 2025, Air Industries Group (the “Company”) filed with the Secretary of State of Nevada a Certificate of Amendment to its Articles of Incorporation increasing the number of shares of common stock, par value $0.001 per share, it is authorized to issue from 6,000,000 to 20,000,000 shares. As previously advised in its Report on Form 8-K filed June 27, 2025, the increase was approved by the Company’s shareholders at its annual meeting held on June 26, 2025.

 

The foregoing summary of the amendment to the Company’s Certificate of Incorporation is qualified in its entirety by reference to the text of the Certificate of Amendment which is attached as Exhibit 3.01 to this Form 8-K.

 

Pursuant to a resolution approved by its Board of Directors, effective July 8, 2025, the Company adopted an amendment to the quorum requirement contained in Section 2.07 of the Company’s Amended and Restated Bylaws (“Bylaws”) to provide that the holders of thirty-three and one third percent (33.33%) of the outstanding shares of Common Stock entitled to vote at a shareholders meeting, present in person or represented by proxy, shall constitute a quorum for the transaction of business. Prior to the Amendment, the Bylaws provided that a quorum at a meeting of shareholders consisted of a majority of the shares entitled to vote then issued and outstanding, present in person or represented by proxy.

 

The foregoing summary of the amendment to the quorum requirement in the Company’s Bylaws is qualified in its entirety by reference to the text of the Company’s Bylaws as Amended and Restated, which are attached as Exhibit 3.02 to this Form 8-K.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits

 

Exhibit No.   Description
3.01   Certificate of Amendment increasing authorized shares of Common Stock
3.02   Amended and Restated Bylaws of the Company
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

1

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Dated: July 10, 2025

 

  AIR INDUSTRIES GROUP
     
  By: /s/ Scott Glassman
    Scott Glassman
    Chief Financial Officer

 

 

2

 

 

Source:

FAQ

How did Sachem Capital (SACH) shareholders vote on director elections in 2025?

All five incumbents were re-elected; for example, John L. Villano received 14.28 M FOR versus 5.56 M WITHHELD (鈮�72% support).

Was Baker Tilly reappointed as Sachem Capital鈥檚 auditor?

Yes, 31.70 M shares voted FOR versus 0.99 M AGAINST and 0.48 M ABSTAIN.

What level of support did the Say-on-Pay proposal receive at SACH鈥檚 2025 AGM?

The resolution passed with 11.50 M FOR, equating to about 58% of votes cast (excluding broker non-votes).

Did shareholders approve the 2025 Omnibus Incentive Plan?

Yes, the plan was approved 11.71 M FOR to 6.16 M AGAINST, with 1.96 M ABSTAIN and 13.33 M broker non-votes.

Are there any financial results included in this 8-K filing?

No; the filing strictly covers shareholder voting outcomes with no earnings or balance-sheet data.
Stock AIRI logo
Air Industries

NYSE:AIRI

AIRI Rankings

#9263 Ranked by Market Cap
N/A Ranked by Dividends
#114 Top Loser

AIRI Latest News

Jul 10, 2025
Air Industries Group Secures $5.4 Million Contract for Landing Gear Components for the US Air Force B-52 Bomber
May 15, 2025
Air Industries Group Announces Financial Results for the Three Months Ended March 31, 2025
May 13, 2025
Air Industries Group Announces Date for Q1 2025 Earnings Release
Apr 15, 2025
Air Industries Group Reports Year-End 2024 Earnings Call Date
Mar 31, 2025
Air Industries Group Reports Preliminary 2024 Results 鈥� Record Backlog and Automatic Extension to File Form 10-K

AIRI Latest SEC Filings

Jul 10, 2025
[8-K] Air Industries Group Reports Material Event
Jun 24, 2025
[SD] Air Industries Group Specialized Disclosure Report

AIRI Stock Data

12.31M
2.87M
27.2%
7.42%
0.96%
Aerospace & Defense
Aircraft Parts & Auxiliary Equipment, Nec
United States
BAY SHORE