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

Core Insights - Premier Air Charter Holdings Inc. has amended the conversion price of its Series A Preferred Stock from $0.04 to $0.25 per share to better align with its current financial position and reduce potential dilution of common stock upon conversion [1][2] Company Overview - Premier Air Charter Holdings Inc. is based in Carlsbad, California, and specializes in aircraft charter services, aiming to create trusted partnerships within the aviation industry to deliver bespoke aviation solutions [3] - The company focuses on reliability, innovation, and sustainability, with the goal of exceeding client expectations and becoming the preferred choice for private air travel globally [3] Strategic Goals - The amendment of the conversion terms is seen as a significant step towards achieving sustainable growth and financial resilience, reflecting the company's commitment to creating long-term value for investors and stakeholders [2] - The company aims to position itself to thrive in the evolving private air charter market through this strategic adjustment [2]