Company: AIRTP
Filing Date: 2025-08-15
Form Type: 424B5
Source: 0000353184-25-000099
Chunk: 9

Company: AIR T INC
Filing Date: 2025-08-15
Form: 424B5
Chunk 9
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 Securities are listed for trading on NASDAQ and trade under the symbol “AIRTP.”

<div align='center'>S-1</div>

The rights of the holders of Capital Securities are described in the applicable Trust Agreement and the Delaware Statutory Trust Act. The principal executive office of the Trust is located at the Delaware Trust Company, 251 Little Falls Drive, New Castle, DE 19808, and the telephone number of the trust is (980) 595-2840.

The Trust is a “finance subsidiary” of Air T within the meaning of Rule 3-10 of Regulation S-X under the Securities Act of 1933, as amended, and as a result the Trust does not file periodic reports with the SEC under the Securities Exchange Act of 1934, as amended.

#### The Offering
The Trust is offering its Capital Securities in an at the market offering. The Trust will use all of the proceeds from the sale of its Capital Securities and its common securities to purchase Junior Subordinated Debentures of Air T. The Junior Subordinated Debentures are and will be the Trust’s only assets. Air T will fully and unconditionally guarantee the obligations of the Trust, based on its combined obligations under the Guarantee, the trust agreement and the junior subordinated indenture.

#### The Capital Securities
If you purchase Capital Securities, you will be entitled to receive cumulative cash distributions at an annual rate of $2.00 for each Capital Security, which represents 8.0% of the liquidation amount of $25 for each Capital Security. If the Trust is terminated and its assets distributed, for each Capital Security you own, you are entitled to receive a like amount of Junior Subordinated Debentures or the liquidation amount of $25 plus accumulated but unpaid distributions from the assets of the Trust available for distribution, after it has paid liabilities owed to its creditors. Accordingly, you may not receive the full liquidation amount and accumulated but unpaid distributions if the Trust does not have enough funds.

Distributions will accumulate from the date the Trust issues Capital Securities. The Trust will pay the distributions quarterly on February 15, May 15, August 15 and November 15 of each year. These distributions may be deferred for up to 20 consecutive quarters. The Trust will only pay distributions when it has funds available for payment.

| Securities Offered |     | The Capital Securities represent undivided beneficial interests in the Trust’s assets, which will consist solely of the Junior Subordinated Debentures and payments thereunder.