---
schema_version: "secwatch.filing_event.v1"
accession: "0001554795-24-000018"
form_type: "8-K"
ticker: "PREM"
cik: "0001570937"
company_name: "Premier Air Charter Holdings Inc."
filed_at: "2024-02-21T23:59:59+00:00"
generated_at: "2026-06-05T22:03:34.086287+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Altair International to issue 85% of shares to acquire Premier Air Charter in reverse merger

## Summary
- Altair will exchange 85% of its issued common stock (up to 270M shares) for all outstanding shares of Premier.
- At closing, Altair will have no liabilities; Premier's officers and directors will take control of Altair.
- Premier is a private air charter company; closing requires Premier to provide two years of PCAOB-audited financials.
- The merger qualifies as a tax-free reorganization under Section 368 of the Code.
- Merger Sub will be merged into Premier, making Premier a wholly owned subsidiary of Altair.

## SEC filing metadata
- accession: 0001554795-24-000018
- form_type: 8-K
- ticker: PREM
- cik: 0001570937
- company_name: Premier Air Charter Holdings Inc.
- filed_at: 2024-02-21T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1570937/000155479524000018/0001554795-24-000018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1570937/000155479524000018/atao0220form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001554795-24-000018
- JSON: https://secwatch.observer/filing/0001554795-24-000018.json
- Plain text: https://secwatch.observer/filing/0001554795-24-000018.txt

## Key facts
- Material Agreements
  Premier Air Charter Holdings Inc. entered into Agreement and Plan of Merger with Premier Air Charter, Inc., Premier Air Charter Merger Sub, Inc., and TIPP Aviation, LLC, the sole shareholder of Premier (effective 2024-02-16).
  - Action: entry
  - Agreement: merger
  - Counterparty: Premier Air Charter, Inc., Premier Air Charter Merger Sub, Inc., and TIPP Aviation, LLC, the sole shareholder of Premier
  - Effective: 2024-02-16
  source text: On February 16, 2024, the registrant ("Altair") entered into an Agreement and Plan of Merger (the “Merger Agreement”) among Premier Air Charter, Inc. (“Premier”), Premier Air Charter Merger Sub, Inc. (“Merger Sub”), and TIPP Aviation, LLC, the sole shareholder of Premier.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1570937/000155479524000018/0001554795-24-000018-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.