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-0.0818030050083473 -0.0818030050083473 -0.0245409015025042 -0.0245409015025042 -0.0245409015025042 -0.0245409015025042 -0.0531719532554258 -0.0531719532554258
Stock impact report

Premier Air Charter Holdings Inc. Announces Amendment to Series A Preferred Stock Conversion Terms to Support Long-Term Shareholder Value

PREMIER AIR CHARTER HLDGS (PREM) 
Company Research Source: GlobeNewswire
CARLSBAD, Calif., Nov. 20, 2025 (GLOBE NEWSWIRE) -- Premier Air Charter Holdings Inc. (OTCID: PREM) ("Premier Air Charter", "Premier" or the “Company”), is proud to report it has agreed to amend the conversion price of the Series A Preferred Stock from $0.04 per share to $0.25 per share, as set forth in the amended Certificate of Designation filed with the Nevada Secretary of State on October 21, 2025. A copy of the Amended Certificate of Designation was filed as an exhibit to the Company’s Form 8-K Current Report filed October 22, 2025. This amendment reflects the mutual agreement with the holder to adjust the conversion terms to better align with the Company’s current financial position and to reduce potential dilution of common stock upon conversion. Company Chairman Vincent Monteparte had this to say regarding the transaction, "This marks a significant step in Premier's goal of seeking sustainable growth and financial resilience. By amending the conversion terms of the Series A Show less Read more
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