American Aires Inc. News Releases

American Aires Announces Letter of Intent for Proposed Sale of Assets

Mon, 29 Jun 2026 07:00:00 -0400

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...

American Aires Announces Settlement Agreement with Former Officer and Director and Assignment of Patent Rights to the Company

Mon, 29 Jun 2026 06:00:00 -0400

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...

American Aires Inc. Announces Updates on Annual Filings, Litigation and Listing Matters, Cease Trade Order, and 2024 Financial Statements

Fri, 08 May 2026 18:00:00 -0400

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...

American Aires Provides Update on Liquidity Position, Strategic Review and Ongoing Litigation

Fri, 17 Apr 2026 20:00:00 -0400

Toronto, Ontario--(Newsfile Corp. - April 17, 2026) - American Aires Inc. (CSE: WIFI) (OTCQB: AAIRF) (the "Company") issues this update regarding its liquidity position, its ongoing strategic review, and its previously disclosed litigation.As previously disclosed, the Company is pursuing legal proceedings against certain former officers and related parties (the "Litigation") in connection with alleged misconduct and related matters. The Litigation is ongoing, and the Company continues to...

American Aires Inc. Announces Change of Auditor

Tue, 07 Apr 2026 18:00:00 -0400

Toronto, Ontario--(Newsfile Corp. - April 7, 2026) - American Aires Inc. (CSE: WIFI) (OTCQB: AAIRF) (the "Company") announces that the Company's auditors, AGT Partners LLP ("AGT"), have withdrawn and resigned as auditor of the Company, effective April 6, 2026, and will not complete the audit or issue an auditor's report on the Company's financial statements for the year ended December 31, 2025.AGT has advised that its withdrawal and resignation relate to a previously identified and publicly...

American Aires Inc. Files Legal Proceedings Against Former Executive

Fri, 13 Mar 2026 17:15:00 -0400

Toronto, Ontario--(Newsfile Corp. - March 13, 2026) - American Aires Inc. (CSE: WIFI) (OTCQB: AAIRF) (the "Company") today announced that it has filed legal proceedings in the Ontario Superior Court of Justice against its former President and Chief Product Officer, Dimitry Serov, and his holding company, Serov Holdings Inc. (together, the "Defendants").The claim arises out of matters previously disclosed by the Company in connection with the investigation conducted by the Company's independent...

Aires Enters Collaboration Agreement with Leading Wellness Expert Gary Brecka's Brand, The Ultimate Human

Mon, 02 Feb 2026 06:00:00 -0500

Toronto, Ontario--(Newsfile Corp. - February 2, 2026) - American Aires Inc. (CSE: WIFI) (OTCQB: AAIRF) ("Aires" or the "Company"), a pioneer in advanced technology designed to transform electromagnetic field (EMF) environments to support health and well-being, entered a Collaboration Agreement (the "Agreement") with the Ultimate Human, LLC, the legal entity behind influencer Gary Brecka's wellness brand, The Ultimate Human ("TUH"). The one-year Agreement commenced on January 1, 2026, and is...

Aires Announces Record Q3/2025 Revenue of $7.4 Million and 61% YoY Sales Growth and Discusses Factors Related to Liquidity and Continuing Operations

Wed, 26 Nov 2025 18:00:00 -0500

Gross Profit increased 73% YoYGross Margin increased 500 basis points to 68%Adjusted EBITDA loss reported at $1.46M vs $1.17M in year-ago quarterNear-term business objectives are focused on preserving cash, stabilizing operations, and securing the financial resources required to support continuity of operationsToronto, Ontario--(Newsfile Corp. - November 26, 2025) - American Aires Inc. (CSE: WiFi) (OTCQB: AAIRF) ("Aires" or the "Company"), a pioneer in advanced technology designed to transform...

Aires Partnership with WWE Creates First-Ever EMF-Friendly WWE Wrestling Match & Measurable Business Results

Mon, 06 Oct 2025 06:00:00 -0400

News of the event tapped into publishing reach of over 96 million in 72 hours1Aires' brand received significant exposure before, during & after the matchAires website & sales saw notable, attributable increases during the eventToronto, Ontario--(Newsfile Corp. - October 6, 2025) - American Aires Inc. (CSE:WIFI) (OTCQB:AAIRF) ("Aires" or the "Company"), a pioneer in advanced technology designed to transform electromagnetic field (EMF) environments to support health and well-being, collaborated in...

American Aires Inc. Announces Resignation of Director and Update on Annual General Meeting of Shareholders

Thu, 18 Sep 2025 08:00:00 -0400

Toronto, Ontario--(Newsfile Corp. - September 18, 2025) - American Aires Inc. (CSE: WIFI) (OTCQB: AAIRF) (the "Company") today announced that Mr. Dimitry Serov ("Mr. Serov") has resigned from the Board of Directors (the "Board") and advised that he will not be standing for re-election at the upcoming annual general meeting of shareholders (the "AGM"), scheduled for Thursday, September 18, 2025.As previously disclosed in the Company's press release dated August 29, 2025, the Special Committee of...