AIRO Group (AIRO) Registration filing summary

Company overview and business model

• Aerospace, autonomy and air-mobility platform with four segments: Avionics, Drones, Electric Air Mobility and Training; strategy centers on connected offerings, operational synergies and supplier and public-sector relationships.

• The four segments target a combined estimated addressable market exceeding $315 billion by 2030.

Financial performance and metrics

• As of September 30, 2026: 31,857,420 common shares outstanding; net tangible book value was $63.7 million, or $2.00 per share.

• Illustrative sale of 9,157,509 shares at $5.46 would yield approximately $48.2 million net after commissions and estimated expenses; adjusted book value $2.73 per share and stated dilution to new investors $2.73 per share.

• Excluded potential share issuance includes 238,518 options, 66,026 warrants, 664,694 RSUs, 345,000 underwriters’ warrants and 1,402,716 shares reserved under the 2025 Plan.

Use of proceeds and capital allocation

• ATM net proceeds, if any, are intended for general corporate purposes, including working capital and ongoing operational needs; management retains broad discretion over allocation and timing.

• Base-shelf proceeds are also intended for general corporate purposes; pending use, proceeds may be invested in short-term interest-bearing obligations, investment-grade instruments, medium-term securities, CDs or U.S. government obligations.