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Premier Air Charter Holdings ( (PREM) ) has shared an announcement.
On August 5, 2025, Premier Air Charter Holdings Inc. entered into a Conversion Agreement with Innoworks Employment Services, Inc., converting $6,419,269.43 in debt into 100,000 shares of Series A Preferred Stock. This agreement, which includes mutual indemnification and customary representations, effectively eliminates the debt obligation for Premier Air Charter, Inc., potentially strengthening the company’s financial position.
More about Premier Air Charter Holdings
Premier Air Charter Holdings Inc. operates in the air charter industry, providing charter flight services through its wholly-owned subsidiary, Premier Air Charter, Inc.
Average Trading Volume: 24,238
Technical Sentiment Signal: Sell
Current Market Cap: $12.59M
Find detailed analytics on PREM stock on TipRanks’ Stock Analysis page.