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American Aires enters non-binding LOI for proposed asset sale (AAIRF:OTCMKTS)

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  • American Aires (AAIRF) mentioned on Monday it entered right into a non-binding letter dated June 25, 2026, for the proposed sale of sure belongings to an arm’s-length third-party purchaser.
  • The proposed sale contains mental property, know-how, product supplies, stock, buyer information, and different belongings.
  • Pursuant to the transaction, the corporate intends to hunt a voluntary delisting from the Canadian Securities Alternate and will search to stop being a reporting issuer.
  • The proposed transaction stays topic to due diligence, a definitive settlement, shareholder, and regulatory approvals.
  • Shares -4.42%.



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Tags: AAIRFOTCMKTSAiresAmericanassetentersLOInonbindingproposedsale
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