On July 1, 2026, Cemtrex, Inc., through its subsidiary AIS Engineering, Inc., acquired substantially all assets of Plant Engineering Services, Inc. (PES) for $3,500,000 in cash, plus assumed liabilities and a potential contingent earnout of up to $1,750,000 over three years based on gross profit targets. The acquired operations are integrated into the company's Industrial Services Segment. Additionally, the company reported issuing approximately 609,000 shares of common stock in unregistered transactions following a 1-for-10 reverse stock split on June 5, 2026, resulting in 1,721,141 shares outstanding as of July 2, 2026. Cemtrex is a diversified technology company providing industrial services and advanced technology solutions.