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Harbor BioSciences ( (HRBR) ) has provided an update.
On August 29, 2025, Harbor Diversified, Inc. entered into a non-binding letter of intent with Premier Shuttle Holdings, LLC to sell all equity of AWAC Aviation, Inc., transferring certain operating assets of Air Wisconsin. The transaction is part of Harbor’s strategic assessment of alternatives for Air Wisconsin, with remaining assets to be distributed for continued operations in sales and leasing. Concurrently, Air Wisconsin announced a workforce reduction plan affecting 253 employees, effective on or after October 28, 2025, to align with business needs and provide flexibility for the potential buyer.
More about Harbor BioSciences
Harbor Diversified, Inc. is the indirect parent company of Air Wisconsin Airlines LLC, operating in the aviation industry. The company focuses on the sales and leasing of aircraft, engines, and parts, with Air Wisconsin holding a Part 121 air carrier certificate issued by the Federal Aviation Administration.
Average Trading Volume: 10,445
Technical Sentiment Signal: Sell
Current Market Cap: $29.21M
For detailed information about HRBR stock, go to TipRanks’ Stock Analysis page.