AMERICAN AIRES INC - AAIRF STOCK NEWS

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American Aires Inc. (CSE: WIFI, OTCQB: AAIRF) is a Canadian nanotechnology company dedicated to enhancing well-being and environmental safety through innovative science-led products. The company has developed proprietary silicon-based resonators designed to mitigate the harmful effects of electromagnetic radiation (EMR), particularly from consumer electronic devices like cellphones, computers, baby monitors, and Wi-Fi, including the emerging high-speed 5G networks.

American Aires' flagship product line, Lifetune, provides EMF protection and modulation technology that appeals to consumers seeking to safeguard their health in today’s tech-centric world. Its products are scientifically proven to reduce the adverse effects of EMR, bolstering Aires’ reputation as a leader in this niche market.

Recent milestones for the company include an oversubscribed private placement offering in February 2024, raising $4 million to expand its operations and accelerate growth. This financial success was followed by a strategic decision to terminate a partnership with HUCK Project LLC, having already achieved significant milestones. Additionally, the company's strategic partnerships with prominent figures and organizations like Maycee Barber from UFC, Tiki Barber, John Tavares, and the UFC itself, underscore its commitment to reaching a broader audience.

American Aires has also been actively expanding its global footprint. The company ships products to over 60 countries monthly and has opened new fulfillment centers in key regions including the USA, Canada, Europe, Australia, and recently in the UK. These centers aim to provide local consumers with faster delivery times, reduced customs delays, and better customer service.

From a financial perspective, American Aires reported a record quarterly order volume of $3.7 million and a gross margin of 59% for Q4 2023. Additionally, its annual order volume reached $10.4 million, a 79% increase year-over-year, demonstrating robust growth and market acceptance.

The company continues to innovate and build brand awareness through high-profile marketing campaigns and partnerships. Notable initiatives include collaborations with WME (William Morris Endeavor) and appearances on influential platforms such as Fox Business Network's “Health Uncensored with Dr. Drew” and Rumble’s video platform featuring Russell Brand.

For more information, visit www.airestech.com.

02/29/2024 07:30 AM

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American Aires Announces Exclusive Distribution Partnership with Purland in Taiwan, Hong Kong and Malaysia

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American Aires Inc. (AAIRF) partners with Pürland Co., Ltd. for exclusive distribution of Lifetune EMF modulation technology in Taiwan, Hong Kong, and Malaysia. The partnership aims to expand Aires' reach in Eastern markets, leveraging Pürland's successful pilot campaign results. Terms include performance milestones, marketing collaboration, and an expiration date of December 31, 2025.

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02/16/2024 07:11 PM

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American Aires Closes $4 Million Oversubscribed Private Placement

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American Aires Inc. successfully closes a non-brokered private placement offering, raising approximately $4,000,000 through the sale of 26,666,663 units at $0.15 per unit. The units consist of one common share and one common share purchase warrant, with potential for accelerated expiry. CEO Josh Bruni expresses gratitude for the strong market response, indicating investor confidence in the company's EMF modulation technology and growth prospects.

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02/12/2024 07:07 PM

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American Aires Announces Increase of Previously Announced Non-Brokered Private Placement to $4 Million

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American Aires Inc. increases the size of its non-brokered private placement offering due to high investor demand, aiming to raise up to $4,000,000 by offering 26,666,666 units at $0.15 per unit. Each unit includes a common share and a warrant exercisable at $0.25 per share. The Company may pay finders a 7% cash fee and issue Finder's Warrants. The Offering is subject to CSE approval and a hold period of four months and one day.

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02/05/2024 04:43 PM

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American Aires Announces $2.5 Million Non-Brokered Private Placement

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American Aires Inc. announces a non-brokered private placement offering of up to 16,666,667 units at a price of $0.15 per unit, with an option to increase to 20,000,000 units for aggregate gross proceeds of $3,000,000. Each unit will be comprised of one common share and one common share purchase warrant, with the option to accelerate the expiry date under certain conditions. The offering is subject to CSE approval and will be subject to a hold period of four months and one day. The expected closing date is not specified in the press release.

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11/24/2023 09:07 PM

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American Aires Inc. Announces Grant of Options

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American Aires Inc. (WIFI) announces the grant of 10,000 stock options to a consultant and the acquisition of control over a significant number of common shares by Josh Bruni and Serov Holdings Inc. The options vest immediately and are exercisable at $0.21 per share until July 6, 2026. Mr. Bruni now controls 13.6% of the issued and outstanding common shares, while Serov Holdings Inc. controls 14.3%.

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11/20/2023 05:15 PM

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American Aires Inc. Announces Positive EBITDA with Its Filing of Q3/2023 Financial Statements, and MD&A

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American Aires Inc. (WIFI) (AAIRD) announces the filing of unaudited Financial Statements and Management's Discussion & Analysis for Q3/2023, marking the first positive EBITDA quarter in the company's history. This achievement is attributed to the strategic decision to outsource the retail segment to HUCK Project LLC. Q3/2023 saw a significant increase in total order volume and a remarkable improvement in adjusted EBITDA, leading to an adjusted net profit of $0.07 million. The CEO, Josh Bruni, emphasized the significance of this achievement, highlighting the company's focus on financial resilience, vision, and operational excellence.

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11/16/2023 08:00 AM

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American Aires and OMSLEEP Announce OEM Partnership with Launch of OM Sleep Mask

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American Aires Inc. (CSE: WIFI) (OTC Pink: AAIRF) announces partnership with OMSLEEP to integrate EMF modulation technology into Om Mask, enhancing sleep experience. Terry Kim, CEO of OMSLEEP, expresses excitement.

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10/19/2023 07:19 PM

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American Aires Announces Debt Settlement and Equity Incentive Grants

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American Aires announces shares for debt settlement agreements and grants equity incentives

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09/12/2023 08:00 AM

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American Aires Inc. Announces Share Consolidation

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American Aires Inc. announces consolidation of share capital at a ratio of 1:10, expected to begin trading on a post-Consolidation basis on September 15, 2023.

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08/28/2023 05:44 PM

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American Aires Inc. Announces Partnership Agreement with HUCK Project LLC

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American Aires announces Partnership Agreement with HUCK Project LLC for global retail distribution. Outsourcing retail operations to focus on R&D and OEM deals. HUCK to acquire Company's inventory for C$684,038. Monthly royalty rate to be set by the Company. Positive shift in business strategy and potential for growth.

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FAQ

What is the current stock price of AMERICAN AIRES (AAIRF)?

The current stock price of AMERICAN AIRES (AAIRF) is $0.298 as of September 6, 2024.

What is the market cap of AMERICAN AIRES (AAIRF)?

The market cap of AMERICAN AIRES (AAIRF) is approximately 24.8M.

What products does American Aires Inc. offer?

American Aires Inc. offers the Lifetune product line, which includes devices designed to reduce the harmful effects of electromagnetic radiation (EMR) emitted by consumer electronics such as cellphones, computers, baby monitors, and Wi-Fi.

How does Aires' Lifetune technology work?

The Lifetune technology uses proprietary silicon-based resonators to neutralize the harmful effects of EMR, thereby protecting users from potential health risks associated with electromagnetic radiation exposure.

What recent financial achievements has American Aires Inc. reported?

American Aires Inc. recently reported a record quarterly order volume of $3.7 million with a gross margin of 59%, and an annual order volume of $10.4 million for fiscal year 2023, marking a 79% increase year-over-year.

Who are some of the notable partners and ambassadors of American Aires Inc.?

American Aires Inc. has partnerships with high-profile individuals and organizations, including UFC athlete Maycee Barber, NFL star Tiki Barber, NHL captain John Tavares, and the UFC itself.

What markets does American Aires Inc. currently serve?

American Aires Inc. serves a global market, shipping products to over 60 countries monthly. The company has regional fulfillment centers in the USA, Canada, Europe, Australia, and recently established one in the UK.

How does American Aires Inc. enhance its brand awareness?

American Aires Inc. enhances brand awareness through high-profile marketing campaigns, strategic partnerships, and media appearances. Notable initiatives include collaborations with WME, Fox Business Network's “Health Uncensored with Dr. Drew,” and Rumble’s video platform featuring Russell Brand.

What is the company's strategy for future growth?

American Aires Inc.'s growth strategy includes expanding its global distribution network, forging new marketing partnerships, increasing brand awareness, and scaling its data-driven advertising model to drive sales and become a household brand.

What are the benefits of using Aires' Lifetune products?

Lifetune products offer protection from the harmful effects of EMR, promoting overall well-being, improving physical health, enhancing recovery, and optimizing performance, especially for professional athletes and health-conscious consumers.

Has American Aires Inc. received any significant investments recently?

Yes, American Aires Inc. raised $4 million through an oversubscribed private placement offering in February 2024, which will be used to expand operations and enhance marketing efforts.

What are the key regions of sales growth for American Aires Inc.?

Key regions for sales growth include North America, Europe, Australia, and the recently added UK market, where the company has seen significant traffic and conversion-to-sales rates.