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Harbor BioSciences Announces Major Asset Divestiture Agreements

Story Highlights
  • Harbor Diversified agreed to sell Air Wisconsin and 25 CRJ200s for about $113.2 million.
  • The company set a December 30, 2025 annual meeting and revised shareholder proposal deadlines.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Harbor BioSciences Announces Major Asset Divestiture Agreements

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Harbor BioSciences ( (HRBR) ) has shared an announcement.

On December 10 and December 15, 2025, Harbor Diversified, Inc. entered into a series of interdependent agreements to divest key aviation assets for an expected aggregate purchase price of approximately $113.2 million, subject to adjustments. AWAC Aviation agreed to sell its 100% membership interest in Air Wisconsin Airlines LLC to CSI Aviation, Inc., while Harbor Diversified separately agreed to sell 13 Bombardier CRJ200 aircraft and related expendable parts inventory to CSI and 12 Bombardier CRJ200 aircraft to UMB Bank as Trustee for Associated Lease and Finance Group, LLC, with all three transactions expected to close concurrently following customary regulatory and closing conditions. The company also scheduled its 2025 annual meeting of stockholders for December 30, 2025, and, due to the meeting date shift from the prior year, reset the deadlines and procedural requirements for stockholder proposals, director nominations, and universal proxy rule compliance, tightening the framework under which shareholders can bring business before the meeting.

More about Harbor BioSciences

Harbor Diversified, Inc., through its wholly owned subsidiary AWAC Aviation, Inc., operates in the aviation sector, with a focus on regional airline operations and ownership and sale of aircraft assets, notably Bombardier CRJ200 regional jets. The company’s activities center on managing airline-related subsidiaries and monetizing aircraft and related parts through strategic transactions with industry buyers.

Average Trading Volume: 34,847

Technical Sentiment Signal: Sell

Current Market Cap: $49.08M

Learn more about HRBR stock on TipRanks’ Stock Analysis page.

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