Air Industries Group Files Definitive Proxy Statement

TL;DR

AIR files proxy for Sep 17 meeting - vote your shares!

AI Summary

Air Industries Group filed its definitive proxy statement on August 8, 2024, for its annual meeting on September 17, 2024. The filing outlines the company's governance and executive compensation practices. Key details regarding the election of directors and other shareholder matters will be presented.

Why It Matters

This filing provides shareholders with crucial information about the company's leadership, voting procedures, and executive compensation, enabling informed participation in corporate governance decisions.

Risk Assessment

Risk Level: low — This is a routine proxy filing providing information to shareholders and does not inherently present new risks.

Key Numbers

• 1460 FIFTH AVENUE — Business Address (Company headquarters location)
• 631-881-4920 — Business Phone (Company contact number)

Key Players & Entities

• AIR INDUSTRIES GROUP (company) — Registrant
• August 8, 2024 (date) — Filing Date
• September 17, 2024 (date) — Meeting Date

FAQ

Key Financial Figures

• $0.001 — holders of our common stock, par value $0.001 per share (“Common Stock”),
• $250,000 — audit fee included in this category was $250,000 and $250,000 for 2023 and 2022, respect

Filing Documents

• ea0209968-def14a_airindus.htm (DEF 14A) — 268KB
• image_001.jpg (GRAPHIC) — 28KB
• image_002.jpg (GRAPHIC) — 28KB
• image_003.jpg (GRAPHIC) — 575KB
• image_004.jpg (GRAPHIC) — 421KB
• 0001213900-24-066317.txt ( ) — 1719KB

From the Filing

DEF 14A 1 ea0209968-def14a_airindus.htm DEFINITIVE PROXY STATEMENT UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material under §240.14a-12 AIR INDUSTRIES GROUP (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check all boxes that apply) No fee required Fee paid previously with preliminary materials Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11 AIR INDUSTRIES GROUP 1460 Fifth Avenue Bay Shore, NY 11706 August 8, 2024 Dear Stockholders: On behalf of the Board of Directors of Air Industries Group, you are cordially invited to attend the 2024 Annual Meeting of Stockholders of Air Industries Group. The Annual Meeting will be held on Wednesday, September 17, 2024, at 10:00 a.m. Eastern Time at our offices at 1460 Fifth Avenue, Bay Shore, New York 11706. The formal Notice of Annual Meeting and other proxy materials are enclosed. If you plan to attend the Annual Meeting, we recommend that you still vote your shares by proxy card, via the internet or telephone as described below to ensure that your vote is counted. You will only be allowed to vote your shares at the Annual Meeting if you are the named record holder of your shares or have received from the record holder of your shares a legal proxy giving you the right to vote your shares and present it at the Annual Meeting with your ballot. The matters expected to be acted upon at the Annual Meeting are described in the attached Proxy Statement. As with every Annual Meeting it is important that your views be represented and we ask that you vote by proxy card, the internet or telephone as described below. If you request a proxy card, please mark, sign and date the proxy card when received and return it promptly in the self-addressed, stamped envelope we will provide. No postage is required if this envelope is mailed in the United States. You also have the option of voting your proxy via the Internet at www.proxyvote.com or by calling toll free via a touch-tone phone at 1-800-690-6903. Proxies submitted by telephone or over the Internet must be received by 11:59 p.m. Eastern Time on September 16, 2024. We appreciate your investment in Air Industries Group and urge you to cast your vote as soon as possible. Sincerely, /s/ Luciano Melluzzo President and Chief Executive Officer AIR INDUSTRIES GROUP 1460 Fifth Avenue Bay Shore, NY 11706 NOTICE OF ANNUAL MEETING OF STOCKHOLDERS The 2024 Annual Meeting of Stockholders of Air Industries Group will be held at our offices at 1460 Fifth Avenue, Bay Shore, New York 11706 on Wednesday, September 17, 2024, beginning at 10:00 a.m. Eastern Time for the following purposes: 1. To elect six directors; 2. To amend the Company’s 2022 Equity Incentive Plan, As Amended and Restated as of May 23, 2023 (the “2022 Plan”), to increase the number of shares of common stock available for issuance under the 2022 Plan by 300,000 shares, from 350,000 shares to 650,000; 3. To ratify the appointment of Marcum LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2024; and 4. To transact such other business as may properly come before the Annual Meeting and at any adjournment or postponement thereof. The Board of Directors has fixed the close of business on July 22nd, 2024, as the record date for determining stockholders entitled to notice of and to vote at the Annual Meeting. By order of the Board of Directors, /s/ Luciano Melluzzo President and Chief Executive Officer August 8, 2024 Please mark, sign and date the enclosed proxy card and return it promptly in the enclosed self-addressed, stamped envelope. To vote via the Internet or telephone: Internet: www.proxyvote.com Phone: 1-800-690-6903 AIR INDUSTRIES GROUP 1460 Fifth Avenue Bay Shore, NY 11706 PROXY General Information This Proxy Statement is furnished in connection with the solicitation by the Board of Directors of Air Industries Group, a Nevada corporation (the “Company,” “we,” “our” or “us”), of proxies to be voted at our 2024 Annual Meeting of Stockholders (the “Annual Meeting” or the “Meeting”) and at any adjournment or postponement of the Meeting. The Annual Meeting will take place on Wednesday, September 17, 2024, beginning at 10:00 a.m., Eastern Time, at our offices at 1460 Fifth Avenue, Bay Shore, New York 11706. This Proxy Statement, the Notice o

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View this DEF 14A filing on SEC EDGAR