On the risk of delisting of ordinary shares of Air Industries Group (AIRI)

The International Trading System Limited (hereinafter — ITS) informs on the information concerning delisting risk of ordinary shares of Air Industries Group (ISIN US00912N4034, Shares) from NYSE American LLC (NYSE).

Information on delisting risk of ordinary shares by NYSE

On April 15, 2025, Air Industries Group (the Company) submitted Annual report on Form 10-K to The United States Securities and Exchange Commission. According to the report, the Company has incurred recurring net losses, significant outstanding debt requiring refinancing, limited liquidity, and the uncertainty surrounding its ability to generate sufficient cash flow or secure additional financing. These conditions led the Company’s management to raise substantial doubt about its ability to continue as a going concern for more than twelve months from the date of these financial statements. For more information, please refer to the report available on the SEC website.

Previously, similar statements were made in the Company’s Quarterly reports on Form 10-Q.

Information regarding possible actions to be taken by ITS

If NYSE suspends trading in the Company’s ordinary shares, ITS will prohibit submission of orders and will restrict ability to conclude agreements in respect of the Company’s ordinary shares. If the Company’s ordinary shares are delisted from NYSE, ITS will terminate trading in the Company’s ordinary shares. However, in case the Company’s ordinary shares become listed, or admitted to trading on another Recognised Trading Venue, ITS will consider but does not guarantee continuation of trading in the Company’s ordinary shares.