---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-25-007725"
form_type: "8-K"
ticker: "PREM"
cik: "0001570937"
company_name: "Premier Air Charter Holdings Inc."
filed_at: "2025-10-22T23:59:59+00:00"
generated_at: "2026-05-17T02:45:12.391814+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Premier Air Charter exchanges $6.4M debt for 100K Series A preferred shares; conversion price amended to $0.25

## Summary
- Converted $6,419,269.43 in debt (incl. accrued interest) from subsidiary Premier Air Charter, Inc. into 100,000 shares of Series A Preferred Stock.
- Conversion price amended from $0.04 to $0.25 per share via Letter Agreement dated Oct 21, 2025, reducing potential dilution.
- Debt originated from promissory notes of $2.76M (Feb 2024), $1.63M (Aug 2024), and $2.14M additional as of Mar 2025.
- Certificate of Designation for Series A Preferred filed Aug 6, 2025; amended Oct 21, 2025 to reflect new conversion price.

## SEC filing metadata
- accession: 0001683168-25-007725
- form_type: 8-K
- ticker: PREM
- cik: 0001570937
- company_name: Premier Air Charter Holdings Inc.
- filed_at: 2025-10-22T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 5.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1570937/000168316825007725/0001683168-25-007725-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1570937/000168316825007725/prem_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-25-007725
- JSON: https://secwatch.observer/filing/0001683168-25-007725.json
- Plain text: https://secwatch.observer/filing/0001683168-25-007725.txt

## Key facts
- Governance Changes
  Premier Air Charter Holdings Inc.: Amended Certificate of Designation of Series A Preferred Stock to change conversion price from $0.04 to $0.25 per share (effective 2025-10-21).
  - Change: charter amendment
  - Effective: 2025-10-21
  source text: On October 21, 2025, the Company filed an amended Certificate of Designation with the Nevada Secretary of State to amend the conversion price of the Series A Preferred Stock from $0.04 per share to $0.25 per share, as approved by the board of directors and the requisite vote of stockholders, pursuant to the Letter Agreement dated October 21, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1570937/000168316825007725/0001683168-25-007725-index.htm

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