“Through our acquisitions and investments, along with our ongoing support of the dynamic leadership within our portfolio of powerful companies, we seek to focus our resources, activate growth and deliver long-term value creation for everyone associated with AIR T, INC.”
— Nick Swenson, Chairman & CEO
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Air T, Inc. Announces Final Distribution Date and Ratios for Alpha Income Preferred Securities and Warrants and 50% Common Stock Dividend
DENVER, N.C., June 10, 2019 — Air T, Inc. (NASDAQ: AIRT) (“Air T”) announced today the final distribution date and distribution ratios for its previously announced issuance and distribution of (1) $4 million in face value of Alpha Income Preferred (AIP), a new 8% fixed income trust preferred security, and (2) warrants to purchase up to an additional $21 million in face value of AIP at an exercise price equal to 96% of face value.
Air T, Inc. Announces Record Date and Proposed Distribution Date for Distribution of Alpha Income Preferred Securities and Warrants to Holders of its Common Stock and 50% Common Stock Dividend
DENVER, N.C., May 29, 2019 — Air T, Inc. (NASDAQ: AIRT) (“Air T”) announced today the record date and proposed distribution date for its issuance and distribution of $4 million in face value of a new 8% fixed income security, Alpha Income Preferred (AIP), pro rata to existing holders of Air T common stock.
DENVER, N.C., Feb 14, 2019 — AIR T, INC. (NASDAQ: AIRT) is organized as a portfolio of powerful businesses, each of which is independent yet interrelated. Today the Company announced results for its fiscal quarter ended December 31, 2018.