8-KThe WireRoutine
Reg FD Disclosure
Filed Jul 8, 2022 · 4y ago · Accession 0000353184-22-000052
Plain English
Material event — a significant development the company must disclose promptly.
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Filing text
View original ↗UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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 01, 2022
______________________________________________________________________________
AIR T, INC.
(Exact Name of Registrant as Specified in Charter)
______________________________________________________________________________
Delaware 001-35476
52-1206400
(State or Other Jurisdiction
of Incorporation)
(Commission
File Number)
(I.R.S. Employer
Identification No.)
5930 Balsom Ridge Road
Denver , North Carolina 28037
(Address of Principal Executive Offices, and Zip Code)
________________( 828 ) 464-8741 __________________
Registrant’s Telephone Number, Including Area Code
Not applicable ___
(Former Name or Former Address, if Changed Since Last Report)
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 AIRT NASDAQ Global Market
Alpha Income Preferred Securities (also referred to as 8% Cumulative Capital Securities) (“AIP”) AIRTP NASDAQ Global Market
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 communication 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 communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
☐ 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 7.01 Regulation FD Disclosure
On July 1, 2022, a newly formed wholly-owned subsidiary of Air T. Inc. (the “Company”) called Crestone Air Partners, Inc. (“Crestone”), assumed the roles of sourcing and managing the assets of the previously announced aircraft joint venture formed by the Company and certain partners in May 2021. The joint venture was formed as a scalable asset management platform to complement the Company’s existing operating businesses, and Crestone will be instrumental in managing and growing that platform. A copy of the press release dated July 8, 2022 issued by the Company with respect to Crestone is attached to this Report as Exhibit 99.1
The information contained in Item 7.01 to this Current Report on Form 8-K (including Exhibits 99.1) is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise be subject to the liabilities of that section. The information in this Item 7.01 (including Exhibit 99.1) shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, except as otherwise expressly stated in such filing.
Item 9.01 Financial Statements and Exhibits
99.1 Press Release dated July 8, 2022.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: July 8, 2022
AIR T, INC.
By: /s/ Brian Ochocki
Brian Ochocki, Chief Financial Officer
Filing details
- Company
- AIR T INC
- Ticker
- AIRTP
- CIK
- 353184
- Form type
- 8-K
- Filing date
- Jul 8, 2022
- Report date
- Jul 8, 2022
- Document
- airt-20220708.htm
- Size
- 233 KB