4/A: Altair International Corp. Director Leonard Lovallo Amends Form 4 Filing to Correct Transaction Details
SEC Form 4/A
Leonard Lovallo, a director and President of Altair International Corp., filed an amended Form 4 to correct errors in a previous filing regarding transactions from January 2022.
Summary
- Leonard Lovallo, a director and President of Altair International Corp. (ATAO), filed an amended Form 4 on March 7, 2025, to correct errors in a previous filing.
- The amendment addresses a submission error that resulted in a duplicate Form 4 filed on March 7, 2025, which erroneously reported transactions from January 19, 2022, and January 26, 2022.
- The corrected filing pertains to transactions originally reported in a Form 4 filed on February 1, 2022.
- The transactions involve the acquisition of 10,000,000 shares of Common Stock on January 19, 2022, at a price of $0.001 per share, and the disposition of 150,000 shares on January 26, 2022, at a price of $0.0307 per share.
- Following these transactions, Lovallo directly owns 39,130,000 shares of Altair International Corp.
- A separate Form 4/A has also been filed on March 7, 2025, to correct the Form 4 filed on February 1, 2022.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing correcting a previous error. It doesn't inherently convey positive or negative sentiment about the company's performance.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The correction of the Form 4 filing ensures accurate information is available to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 01/19/2022 | Acquisition of 10,000,000 shares of Common Stock at $0.001 per share. |
| 01/26/2022 | Disposition of 150,000 shares at $0.0307 per share. |
| 02/01/2022 | Original Form 4 filing date (corrected by Form 4/A). |
| 03/07/2025 | Date of amended Form 4/A filing to correct transaction details and erroneous duplicate filing. |
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