AEVEX Corp. filed its quarterly report on Form 10-Q with the U.S. Securities and Exchange Commission on August 12, 2026, covering the fiscal quarter ended June 30, 2026.

Key Highlights

  • Share count: As of August 12, 2026, AEVEX Corp. had 56,470,333 shares of Class A common stock and 57,571,367 shares of Class B common stock outstanding.
  • Emerging growth company: The registrant identified itself as an emerging growth company and a non-accelerated filer.
  • Pending acquisition: The filing references a proposed acquisition of Maritime Applied Physics Corporation, referred to as "BlackSea Technologies," designated as "the Transaction."
  • Material weaknesses noted: The filing lists among its risk factors "the Company's ability to remediate the material weaknesses with respect to the Company's internal control over financial reporting and disclosure controls and procedures."
  • Listing: Class A Common Stock, par value $0.0001 per share, is listed on NYSE under the trading symbol AVEX.

AEVEX Corp. Quarterly Disclosure: Pending Acquisition and Internal Control Risks

AEVEX Corp. (NYSE:AVEX), headquartered at 440 Stevens Avenue, Suite 150, Solana Beach, California, filed its Form 10-Q for the quarterly period ended June 30, 2026. The filing was submitted on August 12, 2026, the same date as the share count reference. The registrant is incorporated in Delaware and holds Commission File Number 001-43238, according to the filing.

A central disclosure in the filing concerns a proposed acquisition the company refers to as "the Transaction," involving Maritime Applied Physics Corporation, which the filing also calls "BlackSea Technologies." The company's forward-looking statements section identifies multiple risks tied to this transaction, including the possibility that it "may not be completed in a timely manner or at all," potential effects on market price of Class A common stock from share issuance connected to the deal, and integration challenges following any closing. These forward-looking statements are, according to the filing, subject to risks and uncertainties that "may cause actual results to differ materially and adversely."

The filing also identifies ongoing internal control concerns among its risk factors, specifically citing "the Company's ability to remediate the material weaknesses with respect to the Company's internal control over financial reporting and disclosure controls and procedures" and "the Company's ability to implement and maintain effective internal control over financial reporting in the future." Additional risks listed include reliance on a limited number of major customers, dependence on government contracts, and exposure to cybersecurity threats. The filing notes the company had not elected to use the extended transition period for complying with new or revised financial accounting standards.

What Was Disclosed

AEVEX Corp. submitted its quarterly report covering the period ended June 30, 2026, disclosing share counts, an emerging growth company status, a pending acquisition of BlackSea Technologies, and previously identified material weaknesses in internal controls.