Spirit Airlines Files 8-K

TL;DR

Spirit Airlines filed a routine 8-K, no major news.

AI Summary

Spirit Airlines, Inc. filed an 8-K on January 21, 2025, reporting a Regulation FD Disclosure and Financial Statements and Exhibits. The filing does not contain specific financial figures or new material events beyond the standard reporting requirements.

Why It Matters

This filing indicates Spirit Airlines is meeting its regulatory reporting obligations with the SEC, which is standard practice for publicly traded companies.

Risk Assessment

Risk Level: low — The filing is a standard 8-K report and does not disclose any new material risks or significant financial events.

Key Players & Entities

• Spirit Airlines, Inc. (company) — Registrant
• January 21, 2025 (date) — Date of earliest event reported

FAQ

Key Financial Figures

• $0.0001 — e on which registered Common Stock, $0.0001 par value SAVE (1) New York Stock E
• $0 — elisting of the common stock, par value $0.0001, of the Company (the "Common Stock
• $350 million — nized Company in an aggregate amount of $350 million. The Equity Rights Offering was origina

Filing Documents

• dp223656_8k.htm (8-K) — 32KB
• 0000950103-25-000712.txt ( ) — 201KB
• save-20250121.xsd (EX-101.SCH) — 3KB
• save-20250121_lab.xml (EX-101.LAB) — 33KB
• save-20250121_pre.xml (EX-101.PRE) — 22KB
• dp223656_8k_htm.xml (XML) — 3KB

01. Regulation FD Disclosure

Item 7.01. Regulation FD Disclosure. As previously disclosed, on November 18, 2024, the Company, and subsequently on November 25, 2024, its subsidiaries (such subsidiaries, each a "Debtor," collectively with the Company, the "Debtors"), filed voluntary petitions for relief under chapter 11 of title 11 of the United States Code in the United States Bankruptcy Court for the Southern District of New York. The Debtors' chapter 11 cases (the "Chapter 11 Cases") are being jointly administered for procedural purposes only under case number 24-11988 (SHL). Also, as previously disclosed, on December 30, 2024, pursuant to that certain Restructuring Support Agreement, dated as of November 18, 2024, by and among the Company, certain of its subsidiaries and the Consenting Stakeholders (as defined therein) and the proposed pre-arranged plan of reorganization (the "Plan"), the Company launched an equity rights offering (the "Equity Rights Offering") of equity securities of the reorganized Company in an aggregate amount of $350 million. The Equity Rights Offering was originally set to expire at 5pm EST on January 30, 2025 (the "Subscription Tender Deadline"), unless extended in accordance with the terms of the Equity Rights Offering Procedures (as defined in the Plan). Consistent with the Equity Rights Offering Procedures and in consultation with the Required Backstop Commitment Parties (as defined in the Equity Rights Offering Procedures), the Company has decided to extend the Subscription Tender Deadline by fourteen (14) days, until 5pm EST on February 13, 2025, and to extend certain related deadlines accordingly. The Debtors reserve the right to further extend the Subscription Tender Deadline and any other deadlines applicable to the Equity Rights Offering from time to time in accordance with the Equity Rights Offering Procedures. The description contained herein is for informational purposes only and is not an offer to buy or the solicitation of an offer to sell any securi

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 104 Cover Page Interactive Data File (embedded within the Inline XBRL Document)

SIGNATURES

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 hereunto duly authorized. Date: January 21, 2025 SPIRIT AIRLINES, INC. By: /s/ Thomas Canfield Name: Thomas Canfield Title: Senior Vice President and General Counsel

View Full Filing

View this 8-K filing on SEC EDGAR