Item 5. Market for Registrant’s Common Equity
ITEM 5. MARKET FOR REGISTRANT’S COMMON
EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
Market for Our Common Stock
Our common stock is listed on the NYSE American
under the symbol “AIRI.”
Holders
On March 16, 2026, there were 91 stockholders
of record of our common stock. The number of record holders does not include persons who held our Common Stock in nominee or “street
name” accounts through brokers.
Securities Authorized for Issuance Under Equity Compensation Plans
The following table summarizes shares of our Common
Stock to be issued upon exercise of options and warrants, the weighted-average exercise price of outstanding options and warrants and
options available for future issuance pursuant to our equity compensation plans as of December 31, 2025:
Plan Category
Number of Securities to Be Issued Upon Exercise of Outstanding Options, Warrants and Rights
Weighted Average Exercise Price of Outstanding Options, Warrants and Rights
Number of Remaining Shares Available for Future Securities Issuance Under Equity Compensation Plans
Equity compensation plans approved by security holders
455,360
$ 6.01
364,044
Equity compensation plans not approved by security holders
None
0.00
None
Total
455,360
364,044
The provisions of each of our equity compensation
plans provide that shares covered by an award that is forfeited, expires or is settled in cash, and shares that are retained by us upon
exercise of an award to satisfy the exercise price of such award or withholding taxes due in respect of such award, are available for
future issuance under such plan, provided the plan has not been terminated or expired. We anticipate that a portion of the option awards
that have been granted will expire or be forfeited without having been exercised and will increase the number of shares remaining for
issuance under our equity compensation plans.
Recent Sales of Unregistered Equity Securities
Except as previously reported in our periodic
reports filed under the Exchange Act, we did not issue any unregistered equity securities during the fiscal year ended December 31, 2025.
Purchases of Our Equity Securities
No repurchases of our common stock were made during
the fiscal year ended December 31, 2025.
ITEM 6. [RESERVED]
Not required.
26
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