Current Report Filing (8-k)
April 29 2021 - 4:35PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities
Exchange Act of 1934
Date of Report (Date of earliest event reported):
April 23, 2021
Altair International
Corp.
(Exact name of registrant as specified in its charter)
Nevada
|
333-190235
|
99-0385465
|
(State of other jurisdiction
|
(Commission
|
(IRS Employer
|
of incorporation)
|
File Number)
|
Identification No.)
|
322 North Shore Drive
|
|
|
Building 1B, Suite 200
|
|
|
Pittsburgh, PA
|
|
15212
|
(Address of principal executive offices)
|
|
(Zip Code)
|
Registrant’s telephone number, including area code: (412) 770-3140
(Former name or former address, if changed since
last report.)
Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2.
below):
|
¨
|
Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425)
|
|
¨
|
Soliciting material pursuant to Rule 14a-12 under the Exchange
Act (17 CFR 240.14a-12)
|
|
¨
|
Pre-commencement communications pursuant to Rule 14d-2(b) under
the Exchange Act (17 CFR 240.14d-2(b))
|
|
¨
|
Pre-commencement communications pursuant to Rule 13e-4(c) under
the Exchange Act (17 CFR 240.13e-4(c))
|
Title of each class
|
|
Trading Symbol(s)
|
|
Name of each exchange on which registered
|
Common Stock
|
|
ATAO
|
|
OTC:Pink
|
Emerging growth company x
If an emerging growth company, indicate by check mark if the registrant
has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant
to Section 13(a) of the Exchange Act. ¨
Item 1.01 Entry into a Material Definitive
Agreement.
On April 23, 2021, the registrant
("Altair International") issued to EROP Enterprises LLC a convertible promissory note (the “Note”) in the principal
amount of $400,000 bearing annual interest at 8% and due in 12 months from the date of the Note. The Company used $304,268 of the Note
to repay the three prior secured promissory notes and accrued interest under those notes issued by Altair International to EROP Enterprises
LLC dated March 8, 2021, February 2, 2021 and December 29, 2020 that were secured by the Walker Ridge claims and project that Altair International
purchased under a Mining Lease dated August 14, 2020 between Altair International and Oliver Geoservices LLC involving Altair International’s
right to mine certain property in Nevada for a period of five years that can be extended for an additional twenty years if a certain extension
payment are made within the term of the lease as more fully described in the Form 8-K filed August 18, 2020 by Altair International. The
conversion price under the Note will be the lesser of $.25 or 80% of the lowest closing bid over the prior five trading days prior to
conversion. The foregoing description of the Note does not purport to be complete and is qualified in its entirety by reference to the
Note which is filed as Exhibits 10.1 to this Current Report on Form 8-K.
Item 9.01 Financial Statements and Exhibits.
Exhibits
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
Date: April 29, 2021
|
Altair International Corp.
|
|
|
|
|
|
|
|
By:
|
/s/ Leonard Lovallo
|
|
|
Leonard Lovallo
|
|
|
President and CEO
|
Altair (QB) (USOTC:ATAO)
Historical Stock Chart
From Nov 2024 to Dec 2024
Altair (QB) (USOTC:ATAO)
Historical Stock Chart
From Dec 2023 to Dec 2024