09/11/2024 | Press release | Distributed by Public on 09/11/2024 10:10
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.
The foregoing description of Amendment 4 to the Merger Agreements does not purport to be complete and is qualified in its entirety by reference to Amendment 4 to the Merger Agreement which is filed as Exhibit 10.1 to this Current Report on Form 8-K.