Altair International (ATAO) has released an update.
Altair has entered into a merger agreement with Premier Air Charter and its shareholder, TIPP Aviation, where Altair will acquire Premier in exchange for 85% of its shares, up to 270 million shares. Post-merger, Premier’s management will lead Altair, and Altair’s liabilities will remain unchanged. The completion of the merger is contingent on Premier providing two years of audited financials.
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