Current Report Filing (8-k)

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549  

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FORM 8-K 

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CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of report (Date of earliest event reported): August 17, 2022

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AIR T, INC.

(Exact Name of Registrant as Specified in Charter)  

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Delaware

001-35476

52-1206400

(State or Other Jurisdiction of Incorporation)

(Commission File Number)

(I.R.S. Employer Identification No.)

5930 Balsom Ridge Road

Denver, North Carolina 28037

(Address of Principal Executive Offices, and Zip Code)

________________(828) 464-8741__________________

Registrant’s Telephone Number, Including Area Code

Not applicable___

(Former Name or Former Address, if Changed Since Last Report)

Securities registered pursuant to Section 12(b) of the Act:

Title of each class			Trading Symbol(s)			Name of each exchange on which registered
Common Stock			AIRT			NASDAQ Global Market
Alpha Income Preferred Securities (also referred to as 8% Cumulative Capital Securities) (“AIP”)			AIRTP			NASDAQ Global Market

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):

 

☐			Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

☐			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

☐			Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐			Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
			Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
☐			Emerging growth company
☐			If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

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Item 5.07. Submission of Matters to a Vote of Security Holders.

(a) On August 17, 2022, the Company held its 2022 Annual Meeting of Stockholders. Of the 2,866,418 shares of the Company’s common stock outstanding and entitled to vote, 2,621,465 shares, or 91.45%, were represented at the meeting.

(b) During the annual meeting, the Company's stockholders voted on the following matters:

			Proposal 1. Election of Directors
												Votes For												Votes Withheld															Broker Non-Votes
			Raymond E. Cabillot									2,024,524												23,951															572,990
			William R. Foudray									1,962,668												85,807															572,990
			Gary S. Kohler									2,042,961												5,514															572,990
			Peter McClung									2,030,643												17,832															572,990
			Nicholas J. Swenson									2,047,893												582															572,990
			Travis Swenson									2,047,115												1,360															572,990

			Proposal 2. Advisory vote to approve the compensation of the Company's named executive officers.
			Votes For						Votes Against						Abstain						Broker Non-Votes
			2,041,893						6,099						483						572,990

			Proposal 3. Ratify the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for 2023.
			Votes For						Votes Against						Abstain
			2,620,788						675						2

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: August 18, 2022

AIR T, INC.

By: /s/ Brian Ochocki

Brian Ochocki, Chief Financial Officer