Air T, Inc. to Raise Additional Capital Through Trust Preferred Security
MINNEAPOLIS, Minnesota — February 13, 2026 — Leads & Copy — Air T, Inc. (NASDAQ:AIRT) announced its intention to raise additional capital through its outstanding trust preferred security, the Alpha Income Preferred Securities (NASDAQ:AIRTP), issued by Air T Funding and guaranteed by Air T, Inc.
The company plans to access capital periodically and opportunistically through its at-the-market (“ATM”) facility, enabling efficient fundraising as strategic opportunities arise. Air T may also offer the Alpha Income Preferred Securities through privately negotiated placements with institutional investors when such transactions align with its capital strategy.
Air T is evaluating several initiatives, including the expansion of its Commercial Aircraft Engine and Parts segment and deploying additional capital to support an existing investee. Preserving balance sheet flexibility is a priority as the company continues to pursue disciplined growth.
According to Tracy Kennedy, Air T’s CFO, the company is excited about immediate opportunities and wants to take decisive action. Kennedy said the flexibility of the trust preferred security and ATM program provides an efficient path to raise capital while remaining thoughtful about dilution and cost of capital, positioning the company to move quickly on initiatives that will drive long-term value for shareholders.
Air T’s shelf registration statement operates under the SEC’s “baby shelf” provisions, applicable to issuers with a public float below $75 million. These rules allow eligible issuers to use Form S-3 to conduct primary offerings but limit the amount of securities they may sell under the shelf during any 12-month period. This structure enables smaller public companies to move quickly in the capital markets while maintaining guardrails to protect investors and ensure appropriate disclosures.
This framework enables Air T to raise capital incrementally, matching capital deployment to strategic timing rather than relying on large, infrequent offerings.
Air T remains committed to growing the value of its diversified portfolio of operating companies and investments. By utilizing the flexibility of its trust preferred security, the company believes it can continue to seize opportunities that align with its long-term objectives while maintaining financial discipline.
Air T, Inc. (NASDAQ:AIRT) is a diversified holding company that operates through a portfolio of businesses spanning aviation services, commercial aircraft engines and parts, and other strategic investments. The company is headquartered in Minneapolis, Minnesota.
Source: Air T, Inc.
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