Is American Aires Inc. (AAIRF) a Buy, Sell, or Hold?
OTC : AAIRF
American Aires Inc.
$0.042 USD
$0.0 (-0.24%)
- Volume
- 30.1K
- Average Volume
- 63.37K
- Market Capitalization
- $4.39M
- P/E Ratio
- -0.55
- Dividend Yield
- 0.00%
- Price Target
- Year High
- $0.15
- Year Low
- $0.01
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.00
- Current Ratio
- $0.37
| Source | Headline |
|---|---|
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American Aires Announces Letter of Intent for Proposed Sale of Assets
Toronto, Ontario--(Newsfile Corp. - June 29, 2026) - American Aires Inc. (CSE: WIFI) (OTC Pink: AAIRF) (the "Company") announces that it has entered into a non-binding letter of intent dated June 25, 2026 (the "Letter Agreement") with an arm's-length third party purchaser (the "Purchaser") in respect of a proposed transaction pursuant to which the Purchaser would acquire certain specified assets and related rights of the Company (the "Transaction"). Under the Letter Agreement, the Transaction is contemplated to be structured as a purchase and sale of assets, pursuant to which the Purchaser would acquire certain intellectual property, technology, product materials, inventory, customer data and other assets of the Company, subject to the negotiation and execution of a definitive asset purchase agreement (the "Definitive Agreement"). newsfilecorp.com - 2026-06-29 07:00:00 |
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American Aires Announces Settlement Agreement with Former Officer and Director and Assignment of Patent Rights to the Company
Toronto, Ontario--(Newsfile Corp. - June 29, 2026) - American Aires Inc. (CSE: WIFI) (OTC Pink: AAIRF) (the "Company") announces that it has entered into a settlement agreement and mutual release (the "Settlement Agreement") with its former officer and director, Dimitry Serov, and Serov Holdings Inc., pursuant to which the parties have agreed to resolve all outstanding disputes between them, including the litigation commenced by the Company in the Ontario Superior Court of Justice. As previously disclosed on August 29, 2025, the Company's Special Committee completed a review of certain conduct by Mr. newsfilecorp.com - 2026-06-29 06:00:00 |
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American Aires Inc. Announces Updates on Annual Filings, Litigation and Listing Matters, Cease Trade Order, and 2024 Financial Statements
Toronto, Ontario--(Newsfile Corp. - May 8, 2026) - American Aires Inc. (CSE: WIFI) (OTC Pink: AAIRF) (the "Company") announces that further to the Company's news releases dated April 7, 2026 and April 17, 2026, it will not file its audited annual financial statements for the fiscal year ended December 31, 2025, together with the related management's discussion and analysis and CEO and CFO certifications (collectively, the "Required Filings"), because the audited financial statements have not been completed following the resignation of the Company's former auditors, AGT Partners LLP ("AGT") on April 6, 2026. Accordingly, the Company has received a cease trade order from the Ontario Securities Commission dated May 6, 2026 (the "CTO"). newsfilecorp.com - 2026-05-08 18:00:00 |
