“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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DENVER, N.C., June 25, 2021 — Air T, Inc. (NASDAQ:AIRT) is an industrious American company with a portfolio of businesses, each of which is independent yet interrelated. We seek dynamic individuals and teams to operate companies using processes that increase value over time. We believe we can apply corporate resources to help activate growth and overcome challenges.
AIR T Announces It Will Not Extend Warrants (AIRTW) To Purchase Alpha Income Preferred Securities (AIRTP) Beyond August 30, 2021
DENVER, NC, June 23, 2021 — Air T, Inc. (NASDAQ: AIRT), announced today that the Warrants (“Warrants”) (NASDAQ: AIRTW) to purchase its Alpha Income Preferred (AIP) securities of Air T Funding (NASDAQ: AIRTP) will not be extended.
After two generous extensions, the Warrants will expire as scheduled on August 30, 2021. This leaves only 42 trading days until the Warrants expire. AIRTW holders can buy 8% Trust Preferred securities (NASDAQ: AIRTP) for $24.00. The Trust Preferred securities have closed at or above $25.00 on 24 of the last 30 trading days.
DENVER, NC, June 7, 2021 — Air T, Inc. (NASDAQ: AIRT), an industrious American holding company which operates a group of independent, yet interrelated, aviation businesses, today announced the selection of its first ever Aircraft & Aviation Scholarship recipients. Each recipient was chosen after displaying remarkable academic achievement, extra-curricular participation and community service.