Altair International Corporation (QB) (ATAO) News

(FINRA) waiting period for a company that just had a merger for a name and ticker change is 60 days from the date of the merger. After that the company can file for that change. It usually takes 5 to 10 days after the filing for the review. If any complications arise with paper work or any other requirements there could be delays. So probably best guess would be 3 to 4 months before a name and ticker change.

they said ticker change so I know that is slow due to agencies involved likely a couple months before a real promotion of the new company imo but I think the group behind it is large/strong enough to really build a strong company

Altair International Corp. Completes Acquisition of Premier Air Charter, Inc. Press Release | 03/13/2025

PITTSBURGH, PA / ACCESS Newswire / March 13, 2025 / Altair International Corp. (OTCQB:ATAO) announces today the completion of the merger with Premier Air Charter, Inc. ("Premier Air Charter") resulting in Premier Air Charter becoming a wholly owned subsidiary of the Company.

Premier Air Charter, headquartered in Carlsbad, California, is a premier provider of luxury private jet services, renowned for delivering exceptional private jet charter flights, expert aircraft maintenance, management, and seamless sales and acquisitions. Boasting a diverse, in-house fleet that spans from light jets to spacious heavy jets, Premier Air Charter is uniquely equipped to meet the varied and discerning needs of its clientele.

"I am honored to lead our unified company alongside a team of extraordinary, world-class professionals," said Ross Gourdie, President of Premier Air Charter. "As we prepare to file for a name and symbol change to more accurately reflect our vision, we are excited to unveil our ambitious growth plans in the near future. Premier Air Charter is uniquely positioned to drive accelerated growth, redefine excellence in customer service, and solidify our standing as the premier jet charter provider in the U.S. market."

As part of the merger, Ross Gourdie joined as President and Board Member and is joined by Sandra J. DiCicco as CEO and Chairman of the Board. Amy Scannell joined Vincent Monteparte as Board Members, replacing Leonard Lovallo, who resigned as CEO and Board Member.

About Altair

Altair International Corp. (OTCQB:ATAO) is a diversified holding company.

About Premier Air Charter, Inc.

Premier Air Charter's dedication to excellence extends beyond its aircraft, encompassing personalized service, attention to detail, and uncompromising safety standards. Premier Air Charter is leading the way in luxury aviation. Our vast fleet of aircraft includes everything from light jets and turbojets to mid-large Jets. Drawing on decades of experience, our aviation experts oversee every aspect of the jet charter business, including private charters, aircraft management and sales. Visit www.premieraircharter.com.

This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to financial results and plans for future development activities and are thus prospective. Forward-looking statements include all statements that are not statements of historical fact regarding intent, belief or current expectations of the Company, its directors or its officers. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control. Actual results may differ materially from those projected in the forward-looking statements. Among the factors that could cause actual results to differ materially from those indicated in the forward-looking statements are risks and uncertainties associated with the Company's business and finances in general, including the ability to continue and manage its growth, competition, global economic conditions and other factors discussed in detail in the Company's periodic filings with the Security and Exchange Commission.

Company Contact:

For further information, please visit the company's website at: www.premieraircharter.com or contact investors@premieraircharter.com

IR Contact:

SmallCapVoice.com, Inc.
Stuart Smith
ssmith@smallcapvoice.com
512-267-2430

SOURCE: Altair International Corp.

https://www.otcmarkets.com/stock/ATAO/news/Altair-International-Corp-Completes-Acquisition-of-Premier-Air-Charter-Inc?id=470419

Yes I believe they closed the merger. But it does state in the filing that they still have to file 10q and 10k financial filings before March 31st. I hope they have some sort of PR plan that will take effect soon.

Yes now I would think the company needs to tell the world what they do with future plans

Thats awesome. Its been awhile and several delays. I am definitely ready for this merger. We have a nice SS and nice revenue coming in. Excited to see what happens now.

from grok
Yes, the document explicitly states that the merger closed. In the introductory section of the 8-K filing you provided, it says:
"On March 11, 2025, the Merger closed whereby Merger Sub merged with and into Premier with Merger Sub ceasing to exist, Premier becoming a wholly owned subsidiary of the Company and the Company issuing TIPP 237,871,049 shares of common stock."

This sentence clearly indicates that the merger between Altair International Corp. and Premier Air Charter, Inc. was completed on March 11, 2025. The use of "closed" in this context is a legal and financial term meaning the transaction was finalized, with all necessary actions (like the merger of Merger Sub into Premier and the issuance of shares) executed as described.

I see the 8K out A/H today.. Always a lot to read on those filings. I dont have time to read it all now, but I havent found where it is 100% complete yet but looks like it is a done deal tho. Can you copy and paste the part that say it is all complete. There was a lot of stipulations in the terms of this merger so if it is completely done it is great.

So the merger closed today. What are some thoughts? Good or Bad? Wait for more news?

Hey PC… I’ve been watching closely. Hopefully it’s the move before more news!

Looks like the volume is starting to pick up again here.

Volume
90,440
Average Volume (10 days)
11,913




Bid x Size
$0.044 x 27,940
Ask x Size
$0.0538 x 10,000

I had a dream last night that this went up 5,000%. If only! Haha

Still holding all of mine PC! Have a great weekend.

Merger date getting closer. Lets hope the 3rd time is the charm.

https://www.otcmarkets.com/filing/html?id=18110390&guid=TA0-kF4qtBDAh3h

AMENDMENT NO. 6 TO AGREEMENT AND PLAN OF MERGER



This Amendment No. 6 (this “Amendment”) is to the Agreement and Plan of Merger dated January 15, 2025, modifying certain terms of the Agreement and Plan of Merger dated February 16, 2024, as amended (the “Merger Agreement”), entered into by and among Altair International Corp., Premier Air Charter Merger Sub, Inc., Premier Air Charter, Inc. and Tipp Aviation, LLC. Terms not defined herein have the meaning ascribed to them under the terms of the Merger Agreement.



WHEREAS, the parties to the Merger Agreement desire to extend the Outside Date as that term is defined in Article VIII (Termination), section 8.1(b) of the Merger Agreement and further in those certain Amendments Nos. 1, 2, 3, 4 and 5 to the Merger Agreement from January 31, 2025, toMarch 31, 2025.



Also a few form 4s out today

https://www.otcmarkets.com/filing/html?id=18265269&guid=uQB-knM0-dGudth

Can anyone explain if this is bad or good?
Authorized Shares
500,000,000
03/04/2025
Outstanding Shares
271,314,576
03/04/2025
Restricted
255,975,937
03/04/2025
Unrestricted
15,338,639
03/04/2025
Held at DTC
14,843,399
03/04/2025

Volume! Volume! Turn up the Voluuume!

.0463 x .47!!! Maybe it's time for some action!

DEF14C just dropped today !!!!!!!!!!!!!!!!!!

A nice start to the day here!

I would be very appreciative if everyone would would sell all their shares so I could buy them all. Thank you very much.😁

I'm still guessing between $2 and $5 a share. Unless anyone else has a different assessment.

They are moving forward. They now posted Premiers financials. Now we can get a better idea of what the new stock price should open at after the merger. Any thoughts from anyone?...... Anyone?

Amendment #6 postponed again until March 31st 2025.

Its out now.

https://www.otcmarkets.com/filing/html?id=18110390&guid=TA0-kF4qtBDAh3h

Well, Another guess. I'm thinking they file the DEF14C somewhere between the 20th and 31st. The closer we get to the 31st and beyond the chance is greater that we see another extension.

I agree. But nothing goes as planned, even if it’s commons sense in penny land, so not surprised…. But still holding long and step! Best to everyone 💪🏻💎👊🏻

You would think that they might release news of completion BEFORE the deadline??

Does anyone have an opinion on what the share price will open up at under the new company. Just wanted to get others insight. I think based on limited info and speculation that it will open between $2 and $5 a share. Anyone have a different outlook?

I wasn't here last January when it went to .14, but maybe if we're lucky it will repeat itself. Decmeber tax loss sell off? Insiders could like that if it meant getting more shares for cheap.

There are only 8.8 million shares out there left. The insiders own the rest. Just curious to how many shares everyone's holding . I'm holding over 660,000. The insiders are holding over 23 million shares. The insiders will not be apart of the new company. So how do you think they plan on getting paid. There are only 8 insiders total. Largest insider shareholder owns over 9.6 million shares,18.9% of the stock. The lowest inside shareholder owns 960,000 shares, 3.3% of the stock The only question I believe that matters, is what will the new company be valued at when the stock opens the first day. My guess is between $2 and $5 a share. But it will definitely be higher than 4 cents. I think buying is the right choice here not selling.

Dont blame ya. The delays get old. I sold half of mine after the 2nd delay. I put in a order at .049 which was what the ask was even tho there was a huge spread. I was suprised to get filled on it the next day. I bought most of my shares between .02 and .03, so I am in good shape. This one has held up suprising well considering the 2 delays. I still have a decent position and pretty much riding freebies now. I also plan on rebuying closer to the next date if shares become available. You just never know which is why I chose to hold the rest.

Sold this. small position. will look to re-enter after the New year

Well, I guess you can't trust AI to tell the truth all the time. I hope everyone is buying and HOLDING, as many shares as you can get their hands on. There are only 8,807,944 shares out that the insiders do not hold. I have a chunk of that. The less stock available the higher the price when they do merge.

Yeap . Lets just keep our fingers crossed that the 3rd delay is the charm.

Yep. guess that makes us long.

Well there it is.Looks like another delay. At least it is not cancelled. Such a large spread not worth selling. Might as well hold.

tem 1.01 Entry into a Material Definitive Agreement.

On December 2, 2024, the registrant ("Altair") executed Amendment No. 5 to the Agreement and Plan of Merger (“Amendment 5 to 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. Under the terms of Amendment 5 to the Merger Agreement, the Outside Date by which the merger by Altair with Premier must be consummated was changed from November 31, 2024 to January 31, 2025. Additionally, the maximum number of shares outstanding upon consummation of the proposed merger was increased from 270,000,000 to 280,000,000. No other changes were made to the Agreement and Plan of Merger.

No 8K yet

Still holding as well.

A Giving Tuesday sale, perhaps? I am contemplating adding more at this point, can't hurt.

I am still holding. Hopefully just a minor delay. Happens often in pennyland.

I want to sell, but at this point I am back to what I paid so there's no reason to. Maybe we just wait it out and hope we get another run to .12 like last year. Whether they went through with the merger or not, it doesn't seem like they care to inform us in any timely manner.

Is anyone on the board here selling any shares. Or are you still holding? I'm holding.

As PPS plummets 

Sounds good. Thanks for the post. Best of luck

This is what the google AI said about the merger. Hope we get a filing soon.

Altair International Corp. (Altair) and Premier Air Charter, Inc. (Premier) finalized their merger on November 18, 2024. The merger is expected to help Altair grow in the aviation industry by increasing the number of aircraft and destinations it acquires. Premier's leadership will also take on key roles at Altair.

Thanks for the great info. I missed that one. Glad to hear it is still in the works.

10Q out today. Premier has advanced $52,600 to Altair in the last 6 months for operating expenses. So merger seems to still be on. Hope they stick to the closing amendment timeline this time.

Thanks PC. I’ve been holding patiently, so this is a great reminder that we should see the end soon.

Between $2 and $5 a share after merger. That's my speculation based on what limited info there is. Someone has been consistently buying. By my calculations on share float, there are a little over 8.1 million shares left, after myself and insider holdings. I'm sure that number is a lot lower, but I can't confirm anyone elses share count. The less shares available when merger happens the higher the share price could go. And it is my understanding that the insiders can only sell small portions at a time on a daily basis.

Just a reminder. We are now in the month that the Merger will hopefully take place. The PPS has held up much better than I thought it would after the delay. Makes me think insiders have been buying. Some nice numbers mentioned in the PR's so IMO when this merger happens we will see a nice move.

Item 1.01 Entry into a Material Definitive Agreement.

On September 10, 2024, the registrant ("Altair") executed Amendment No. 4 to the Agreement and Plan of Merger (“Amendment 4 to 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. Under the terms of Amendment 4 to the Merger Agreement, the Outside Date by which the merger by Altair with Premier must be consummated was changed from August 31,2024 to November 31, 2024. No other changes were made to the Agreement and Plan of Merger.