Tel. No.: (727) 657-9048
The information required on the remainder of this cover page
shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”)
or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however,
see the Notes).
CUSIP No.: 02138A 20 7
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SCHEDULE 13D
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Page 2 of 6
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1.
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names of reporting persons
Mahmoud Jrab
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2.
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check the appropriate
box if a member of a group (see instructions)
(a)
¨
(b)
x
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3.
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sec use only
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4.
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source of funds (See
Instructions)
PF
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5.
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check if disclosure of
legal proceedings is required pursuant to items 2(d) or 2(e)
¨
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6.
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citizenship or place
of organization
United States
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NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
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7.
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sole voting power
49,176,520
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8.
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shared voting power
0
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9.
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sole dispositive power
49,176,520
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10.
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shared dispositive power
0
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11.
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aggregate amount beneficially
owned by each reporting person
49,176,520 shares of Common Stock
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12.
|
check if the aggregate
amount in row (11) excludes certain shares (See Instructions)
¨
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13.
|
percent of class represented
by amount in row (11)
9.6% of the issued and outstanding shares of Common Stock
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14.
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type of reporting person
(See Instructions)
IN
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CUSIP No.: 02138A 20 7
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SCHEDULE 13D
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Page 3 of 6
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Item 1. Security and Issuer.
This Schedule 13D filed by Mahmoud Jrab
( “Mahmoud Jrab” or the "Reporting Person") relates to the shares of common stock, par value $0.001 per share
(the "Common Stock"), of Altair International Corp., a Delaware corporation (the "Issuer"). The principal executive
offices of the Issuer are located at 6501 E. Greenway Pkwy #103-412 Scottsdale, AZ 85254.
Item 2. Identity and Background.
(a) This Schedule 13D is being filed with
respect to the shares of the Issuer's Common Stock held by Mahmoud Jrab.
(b) The residence address of Mahmoud Jrab
is 5516 W. Linebaugh Avenue, Tampa, FL 33624.
(c) Mahmoud Jrab is in the automobile export
business.
(d) During the last five years the Reporting
Person has not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).
(e) During the last five years, the Reporting
Person has not been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result
of such proceeding were or are subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating
activities subject to, federal or state securities laws or finding any violation with respect to such laws.
Item 3. Source and Amount of Funds or
Other Consideration.
Each acquisition of securities by Mahmoud
Jrab (or on his behalf and at his direction) was either in open market transactions or through private placements using his personal
funds.
The Reporting Person has acquired beneficial ownership of securities
of the Issuer as follows:
Open market or private placement purchases of shares
Date
|
Number of Shares
|
Price ($)
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5/7/2020
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49,176,520
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2,900
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Total Shares
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49,176,520
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Item 4. Purpose of Transaction.
Mahmoud Jrab has invested in the Issuer
to support its development and growth and has acquired the Common Stock for investment purposes. The Reporting Person will continuously
evaluate his beneficial ownership of the Issuer’s securities and the Issuer's business and industry. Depending on market
conditions and other factors that the Reporting Person may deem material to his investment decision, Mahmoud Jrab may from time
to time lend the Issuer money in exchange for convertible notes, acquire additional securities of the Issuer in the open market
or in privately negotiated transactions or may dispose of all or a portion of the securities of the Issuer that he now owns or
may hereafter acquire.
CUSIP No.: 02138A 20 7
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SCHEDULE 13D
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Page 4 of 6
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The Reporting Person currently has no other
plans or proposals, though he retains the right, to subsequently devise or implement plans or proposals, which relate to or would
result in: (a) the acquisition by any person of additional securities of the Issuer, or the disposition of securities of the Issuer;
(b) an extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the Issuer or any of its
subsidiaries; (c) a sale or transfer of a material amount of assets of the Issuer or any of its subsidiaries; (d) any change in
the present board of directors or management of the Issuer, including any plans or proposals to change the number or term of directors
or to fill any existing vacancies on the board; (e) any material change in the present capitalization or dividend policy of the
Issuer; (f) any other material change in the Issuer's business or corporate structure; (g) changes in the Issuer's charter, bylaws
or instruments corresponding thereto or other actions which may impede the acquisition of control of the Issuer by any person;
(h) causing a class of securities of the Issuer to be delisted from a national securities exchange or to cease to be authorized
to be quoted in an inter-dealer quotation system of a registered national securities association; (i) a class of equity securities
of the Issuer becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Securities Exchange Act of
1934 (the "Exchange Act"); or (j) any action similar to any of those enumerated above.
Item 5. Interest in Securities of the
Issuer.
The Reporting Person beneficially owns
an aggregate of 49,176,520 shares of Common Stock which would represent 9.6% of the issued and outstanding shares of Common Stock
based on 511,732,553 shares set forth in the current list of shareholders provided by the Issuer’s transfer agent, Globex
Transfer, LLC.
The Reporting Person did not effect any
transactions in such securities in the past 60 days other than set forth above.
Item 6. Contracts, Arrangements, Understandings
or Relationships with Respect to Securities of the Issuer.
The information required by Item 6 is incorporated
herein by reference from Items 3 and 4 of this report.
Item 7. Material to be Filed as Exhibits.
Power of Attorney
CUSIP No.: 02138A 20 7
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SCHEDULE 13D
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Page 5 of 6
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SIGNATURE
After reasonable inquiry and to the best
of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Dated: July 22, 2020