Premier Air Charter converts $2.9M subsidiary debt into 45,680 Series A Preferred shares

Premier Air Charter Holdings Inc.

Settled $2,565,646 owed by subsidiary to Innoworks Employment Services for 39,970 Series A Preferred shares.
Settled $366,549 owed to Prime Loan (Prime Capital HR) for 5,710 Series A Preferred shares.
Authorized shares of Series A Preferred increased from 100,000 to 155,000 to accommodate issuance.
Debt conversions are private exempt transactions; shares are restricted with legend.
Total debt settled $2,932,195 in exchange for 45,680 Series A Preferred shares.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Premier Air Charter Holdings Inc.: Increased authorized shares of Series A Preferred Stock from 100,000 to 155,000 (effective 2025-11-07).

Change: charter amendment
Effective: 2025-11-07

Exact text from the filing

On November 7, 2025, the Company filed a Certificate of Amendment to Designation – After Issuance of Class or Series with the Nevada Secretary of State, increasing the authorized number of shares of Series A Preferred Stock from 100,000 to 155,000 shares.

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Premier Air Charter Holdings Inc. filing history →

Source: SEC EDGAR

accession 0001683168-25-008327

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