8-K 1 e611059_8k-air.htm Unassociated Document
 
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 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 1, 2013
 
AIR INDUSTRIES GROUP, INC.
___________________
 
(Exact Name of Registrant as Specified in its Charter)
 
Delaware
000-29245
20-4458244
State of
Commission
IRS Employer
Incorporation
File Number
I.D. Number
 
1479 North Clinton Avenue, Bay Shore, NY 11706
Address of principal executive offices

Registrant's telephone number: (631) 968-5000

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):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17   CFR 240.14a-12)
 
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 
 

 
 
Item 7.01
Regulation FD Disclosure.
 
On July 1, 2013, Air Industries Group, Inc.(the “Company”)  issued a press release reporting that it had acquired certain assets and the business of Decimal Industries, Inc. ("Decimal") of Copiague, Long Island, New York. Decimal is a long established Long Island based manufacturer of aerospace components whose customers include major aircraft component suppliers.

The press release also reported that as part of the Decimal acquisition, the Company had amended and restated its loan agreement with PNC Bank. As a result of the amendment, the debt service associated with the Company’s Revolving Credit Line and Term Loan have been reduced.
 
A copy of the press release is attached hereto as Exhibit 99.1.
 
The information in this report, including Exhibit 99.1 attached hereto, shall not be deemed as “filed” for purposes of Section 18 of the Exchange Act, or otherwise subject to the liability of such Section, nor shall it be deemed incorporated by reference in any filing by us under the Securities Act or the Exchange Act, regardless of any general incorporation language in such filing, unless expressly incorporated by specific reference in such filing.

Item 9.01
Financial Statements and Exhibits.
 
(d)
Exhibits.
 
Exhibit
Number
  
Description
   
99.1
  
Text of press release issued by Air Industries Group, Inc.
 
 
 

 
 
SIGNATURES

      Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: July 1, 2013
 
 
AIR INDUSTRIES GROUP, INC.
 
       
 
By:
/s/ Peter D. Rettaliata
 
   
Peter D. Rettaliata
 
   
President and Chief Executive Officer