AIR T Files 8-K for Regulatory Compliance on Jan 22, 2024
Ticker: AIRTP · Form: 8-K · Filed: Jan 22, 2024 · CIK: 353184
Complexity: simple
Sentiment: neutral
Topics: regulatory-filing, 8-K, compliance
TL;DR
**AIR T filed a routine 8-K, confirming standard regulatory compliance.**
AI Summary
AIR T, INC. filed an 8-K on January 22, 2024, primarily to disclose its current report under Section 13 or 15(d) of the Securities Exchange Act of 1934. This filing, while standard, indicates the company is maintaining its regulatory compliance. For investors, this matters because it confirms AIR T, INC. is adhering to SEC disclosure requirements, which is a basic expectation for any publicly traded company and signals operational transparency.
Why It Matters
This filing confirms AIR T, INC.'s ongoing commitment to regulatory transparency, which is crucial for investor confidence and market integrity.
Risk Assessment
Risk Level: low — This 8-K is a standard regulatory filing with no new material information that would introduce significant risk.
Analyst Insight
This filing is routine and does not contain new material information that would warrant immediate action. Investors should continue to monitor for more substantive disclosures.
Key Players & Entities
- AIR T, INC. (company) — the registrant filing the 8-K
- January 22, 2024 (date) — date of the earliest event reported and filing date
- 001-35476 (string) — Commission File Number for AIR T, INC.
- Delaware (string) — State of Incorporation for AIR T, INC.
- 52-1206400 (string) — I.R.S. Employer Identification No. for AIR T, INC.
FAQ
What is the primary purpose of this 8-K filing by AIR T, INC.?
The primary purpose of this 8-K filing by AIR T, INC. is to provide a current report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934, as indicated by the 'Date of report (Date of earliest event reported): January 22, 2024'.
What is the exact name of the registrant as specified in its charter?
The exact name of the registrant as specified in its charter is "AIR T, INC."
Where are the principal executive offices of AIR T, INC. located?
The principal executive offices of AIR T, INC. are located at 11020 David Taylor Drive, Suite 350, Charlotte, North Carolina 28262.
What is AIR T, INC.'s Commission File Number?
AIR T, INC.'s Commission File Number is 001-35476.
What is the Registrant's Telephone Number?
The Registrant's Telephone Number is (980) 595-2840.
Filing Stats: 554 words · 2 min read · ~2 pages · Grade level 11.1 · Accepted 2024-01-22 14:06:43
Key Financial Figures
- $0.50 — butions on the AIP are in the amount of $0.50 per share (a rate of 8.0% per annum).
Filing Documents
- airt-20240122.htm (8-K) — 34KB
- a28114888-v2xairtincxann.htm (EX-99.1) — 6KB
- a28114888-v2xairtincxann001.jpg (GRAPHIC) — 225KB
- a28114888-v2xairtincxann002.jpg (GRAPHIC) — 185KB
- 0000353184-24-000004.txt ( ) — 777KB
- airt-20240122.xsd (EX-101.SCH) — 3KB
- airt-20240122_def.xml (EX-101.DEF) — 16KB
- airt-20240122_lab.xml (EX-101.LAB) — 31KB
- airt-20240122_pre.xml (EX-101.PRE) — 17KB
- airt-20240122_htm.xml (XML) — 4KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure On January 22, 2024, Air T, Inc. announced the following distribution and record dates for Air T Funding's Alpha Income Preferred (AIP) securities (NASDAQ: AIRTP) during 2024 and 2025. Cash distributions on the AIP are in the amount of $0.50 per share (a rate of 8.0% per annum). Distribution Date: Record Date: February 15, 2024 February 14, 2024 May 15, 2024 May 14, 2024 August 15, 2024 August 14, 2024 November 15, 2024 November 14, 2024 February 18, 2025 February 14, 2025 May 15, 2025 May 14, 2025 August 15, 2025 August 14, 2025 November 17, 2025 November 14, 2025 The press release is filed as Exhibit 99.1 to this report and incorporated herein by reference.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits 99.1 Press Release dated January 22 , 2024 104 Inline XBRL for the cover page of this Current Report on Form 8-K.
SIGNATURES
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: January 22, 2024 AIR T, INC. By: /s/ Brian Ochocki Brian Ochocki, Chief Financial Officer