BofA update shows where active managers are putting money
The board of directors of Airgain, Inc. (NASDAQ:AIRG) approved an amendment to the company’s 2021 Employment Inducement Incentive Award Plan on Tuesday. The amendment increases the total number of shares of common stock reserved for issuance under the plan from 700,000 to 1,100,000 shares.
According to a statement in the company’s SEC filing, the change was approved by the board on July 15. The amendment is intended to provide additional shares for use in employment inducement awards.
The company noted that the full text of the amendment will be filed as an exhibit to Airgain’s Quarterly Report on Form 10-Q for the quarter ending September 30, 2025.
Airgain, headquartered in San Diego, California, designs and manufactures wireless connectivity solutions. The company’s shares are listed on the Nasdaq Capital Market under the ticker AIRG.
This information is based on a press release statement included in Airgain’s Form 8-K filing with the Securities and Exchange Commission.
In other recent news, Airgain Inc . reported its first-quarter 2025 earnings, revealing a larger-than-expected loss and revenue shortfall. The company posted an earnings per share (EPS) of -$0.11, missing the forecasted -$0.06, and revenue came in at $12 million, below the anticipated $14.8 million. Despite the disappointing financial results, Airgain’s stock remained stable, indicating investor confidence in the company’s long-term strategy. Looking forward, Airgain projects second-quarter sales between $12.5 million and $14.5 million, with expectations of a rebound in the enterprise market.
Additionally, Airgain held its 2024 Annual Meeting of Stockholders, where all nominated directors were elected, and Grant Thornton LLP was ratified as the independent registered public accounting firm for the fiscal year ending December 31, 2025. The company’s executive compensation plan also received majority approval from stockholders. In terms of analyst activity, there were no specific upgrades or downgrades reported. Airgain continues its transformation towards high-value wireless solutions, with CEO Jacob Suen emphasizing the strategic shift and the company’s role in expanding 5G coverage.
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