Open report — full analysis, no account required.
Sign up to generate reports and read filings that aren't on the open list.
Get notified when AIRT files again. Create a free account and we'll email you the moment its next filing is analyzed.
Get filing alertsAir T enters up to $8M at-the-market equity offering agreement with Ascendiant Capital
Filed July 10, 2026 · Period ending July 10, 2026 · ~1 min read
Key Changes
-
high
Air T established an ATM equity program to sell up to $8M of common stock over time through Ascendiant Capital Markets, with no obligation to sell and full control over timing and amounts via sales notices to the agent.
Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR → -
medium
Shares will be sold through at-the-market methods on Nasdaq or other trading markets at prevailing market prices; Air T will pay Ascendiant a 3.0% placement fee on gross sales proceeds.
Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR → -
medium
The offering operates under Air T's existing shelf registration (effective March 2024), with sales monitored against Form S-3 capacity limits alongside a separate ATM program for preferred securities issued by subsidiary Air T Funding.
Item 8.01 — Other Events verify on EDGAR →
Summary
Air T entered an at-the-market equity offering agreement with Ascendiant Capital Markets that allows the company to sell up to $8 million of common stock over time. This is a flexible capital-raising tool: Air T controls whether, when, and how much to sell through sales notices to the agent, with no obligation to use the facility.
Shares will be sold at prevailing market prices on Nasdaq or other trading venues, with a 3.0% placement fee to Ascendiant on any proceeds. The ATM operates under Air T's shelf registration that became effective in March 2024, avoiding the need for separate registrations for each sale.
The company will monitor sales under this program alongside a separate ATM for preferred securities issued by its subsidiary Air T Funding to ensure combined issuance stays within Form S-3 capacity limits. For retail holders, the ATM creates potential dilution up to $8 million, though the actual impact depends on how much the company chooses to sell and at what prices. The structure gives management financing optionality without committing to immediate share issuance.
Section-by-Section Diff
Event · Item 1.01 — Entry into a Material Definitive Agreement
Item 1.01 — Entry into a Material Definitive Agreement filed; see Key Changes for terms.
Added in current filing · verify on EDGAR →
The Shares will be offered and sold pursuant to the Company’s shelf registration statement on Form S-3 (File Nos. 333-277855 and 333-277855-01), which became effective on March 27, 2024. The Company is filing a prospectus supplement, dated July 10, 2026, relating to the offering of the Shares with the Securities and Exchange Commission (the “SEC”).
The offering will be conducted under Air T's existing shelf registration statement that became effective in March 2024, with a new prospectus supplement filed July 10, 2026. This allows the company to access capital markets efficiently without needing a new registration for each potential sale.
Event · Item 8.01 — Other Events
AIR T INC filed a prospectus supplement to offer up to $8 million of common stock through an at-the-market sales agreement.
Added in current filing · verify on EDGAR →
The Company is filing a prospectus supplement, dated July 10, 2026, with the SEC relating to the offer and sale from time to time of up to $8,000,000 of shares of Common Stock pursuant to the Sales Agreement.
AIR T INC has registered an at-the-market equity offering program allowing it to sell up to $8 million of common stock from time to time through a sales agreement. This is a shelf registration that gives the company flexibility to raise capital by selling shares into the market as needed, rather than in a single transaction.
Added in current filing · verify on EDGAR →
The Company expects to monitor sales under the Sales Agreement together with sales of Air T Funding's Alpha Income Preferred Securities under Air T Funding's separate at-the-market offering program against the applicable capacity under General Instruction I.B.6.
The company will track sales under this common stock ATM program alongside a separate ATM program for preferred securities issued by Air T Funding, its subsidiary, to ensure combined sales stay within Form S-3 registration limits. General Instruction I.B.6 caps certain issuers' shelf offerings at one-third of their public float over a 12-month period.
Thanks — your feedback helps us improve report quality.
Figures/quotes linked to EDGAR · Narrative written by AI · Jul 11, 2026 · How we verify