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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington , D.C. 20549 FORM 10 - K Annual Report Pursuant To Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 For the fiscal year ended : December 31 , 2020 Transition Report Under Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 For the transition period from Commission File No. 001-35927 Nevada ( State or other jurisdiction of incorporation or organization ) to AIR INDUSTRIES GROUP ( Name of small business issuer in its charter ) Title of Each Class Common Stock , par value $ 0.001 1460 Fifth Avenue , Bay Shore , New York 11706 ( Address of Principal Executive Offices 80-0948413 ( I.R.S. Employer Identification No. ) ( 631 ) 968-5000 ( Registrant's Telephone Number , Including Area Code ) Securities registered pursuant to Section 12 ( b ) of the Act : Name of each Exchange on which Registered NYSE - American Trading Symbol AIRI Securities registered pursuant to Section 12 ( g ) of the Act : None Indicate by check mark if the registrant is a well - known seasoned issuer , as defined in Rule 405 of the Securities Act . Yes Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15 ( d ) of the Act . Yes No No Indicate by check mark whether the registrant ( 1 ) has filed all reports required to be filed by Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 during the past 12 months ( or for such shorter period that the registrant was required to file such reports ) , and ( 2 ) has been subject to such filing requirements for the past 90 days . Yes No Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S - T ( § 232.405 of this chapter ) during the preceding 12 months ( or for such shorter period that the registrant was required to submit and post such files ) . Yes No Indicate by check mark whether the registrant is a large accelerated filer , an accelerated filer , a non - accelerated filer , smaller reporting company , or an emerging growth company . See the definitions of " large accelerated filer , " " accelerated filer , " " smaller reporting company , " and " emerging growth company " in Rule 12b - 2 of the Exchange Act . Large Accelerated Filer Non - Accelerated Filer Accelerated Filer Smaller Reporting Company 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 7 ( a ) ( 2 ) ( B ) of the Securities Act . Indicate by check mark whether registrant is a shell company ( as defined in Rule 12b - 2 of the Act ) . Yes No As of June 30 , 2020 , the aggregate market value of our common stock held by non - affiliates was $ 21,369,743 , based on 18,187,016 shares of outstanding common stock held by non - affiliates , and a price of $ 1.175 per share , which was the last reported sale price of our common stock on the NYSE American on that date . There were a total of 32,000,155 shares of the registrant's common stock outstanding as of March 19 , 2021 . DOCUMENTS INCORPORATED BY REFERENCE : Portions of the registrant's definitive Proxy Statement relating to its 2021 Annual Meeting of Stockholders are incorporated by reference into Part III of this Annual Report on Form 10 - K where indicated . Such Proxy Statement will be filed with the U.S. Securities and Exchange Commission within 120 days after the end of the fiscal year to which this report relates .