Indigo Frontier Holdings Amends ULCC Stake Disclosure

TL;DR

**Indigo Frontier Holdings updated their Frontier (ULCC) ownership, showing their stake as of year-end 2023.**

AI Summary

Indigo Frontier Holdings Company, LLC, a major investor in Frontier Group Holdings, Inc. (NASDAQ: ULCC), filed an amended Schedule 13G/A on February 12, 2024, indicating their ownership stake as of December 31, 2023. This filing, an amendment to a previous disclosure, updates their beneficial ownership of Frontier's Common Stock. This matters to investors because it provides transparency into the holdings of a significant institutional investor, potentially signaling their long-term commitment or changes in their investment strategy.

Why It Matters

This filing updates the public record on a key institutional investor's stake in Frontier, offering insight into their current position and potential influence on the company.

Risk Assessment

Risk Level: low — This is a routine amendment filing by a significant shareholder, providing transparency rather than indicating immediate risk.

Analyst Insight

Smart investors should note that Indigo Frontier Holdings Company, LLC, a significant institutional holder, has updated their ownership disclosure for Frontier Group Holdings, Inc. This is a routine update, but continued monitoring of their future filings could reveal changes in their investment thesis, which might influence the stock.

Key Players & Entities

• Indigo Frontier Holdings Company, LLC (company) — the reporting person and a major investor in Frontier Group Holdings, Inc.
• Frontier Group Holdings, Inc. (company) — the subject company whose securities are being reported on
• Indigo Denver Management Company, LLC (company) — a group member associated with the reporting person
• William A. Franke (person) — a group member associated with the reporting person
• December 31, 2023 (date) — the date of the event which requires the filing of this statement

FAQ

Key Financial Figures

• $0.001 — f Securities: Common Stock, par value $0.001 per share (Common Stock). (e) CUSIP

Filing Documents

• d28456dsc13ga.htm (SC 13G/A) — 71KB
• 0001193125-24-032168.txt ( ) — 72KB

From the Filing

SC 13G/A 1 d28456dsc13ga.htm SC 13G/A SC 13G/A Securities and Exchange Commission Washington, D.C. 20549 Schedule 13G (Rule 13d-102) Information to be Included in Statements Filed Pursuant to 240.13d-1(b), (c) and (d) and Amendments Thereto Filed Pursuant to 240.13d-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No. 1)* Frontier Group Holdings, Inc. (Name of Issuer) Common Stock (Title of Class of Securities) 35909R108 (CUSIP Number) December 31, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: Rule 13d-1(b) Rule 13d-1(c) Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in 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. 35909R108 Schedule 13G Page 1 of 8 1 Names of Reporting Persons Indigo Frontier Holdings Company, LLC 2 Check the Appropriate Box if a Member of a Group (a) (b) 3 SEC Use Only 4 Citizenship or Place of Organization Delaware Number of Shares Beneficially Owned by Each Reporting Person With 5 Sole Voting Power 0 6 Shared Voting Power 178,834,034 7 Sole Dispositive Power 0 8 Shared Dispositive Power 178,834,034 9 Aggregate Amount Beneficially Owned by Each Reporting Person 178,834,034 10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares Not Applicable 11 Percent of Class Represented by Amount in Row 9 80.9% 12 Type of Reporting Person OO CUSIP No. 35909R108 Schedule 13G Page 2 of 8 1 Names of Reporting Persons Indigo Denver Management Company, LLC 2 Check the Appropriate Box if a Member of a Group (a) (b) 3 SEC Use Only 4 Citizenship or Place of Organization Delaware Number of Shares Beneficially Owned by Each Reporting Person With 5 Sole Voting Power 0 6 Shared Voting Power 178,834,034 7 Sole Dispositive Power 0 8 Shared Dispositive Power 178,834,034 9 Aggregate Amount Beneficially Owned by Each Reporting Person 178,834,034 10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares Not Applicable 11 Percent of Class Represented by Amount in Row 9 80.9% 12 Type of Reporting Person OO CUSIP No. 35909R108 Schedule 13G Page 3 of 8 1 Names of Reporting Persons William A. Franke 2 Check the Appropriate Box if a Member of a Group (a) (b) 3 SEC Use Only 4 Citizenship or Place of Organization United States Number of Shares Beneficially Owned by Each Reporting Person With 5 Sole Voting Power 21,666 6 Shared Voting Power 178,834,034 7 Sole Dispositive Power 21,666 8 Shared Dispositive Power 178,834,034 9 Aggregate Amount Beneficially Owned by Each Reporting Person 178,855,700 10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares Not Applicable 11 Percent of Class Represented by Amount in Row 9 80.9% 12 Type of Reporting Person IN CUSIP No. 35909R108 Schedule 13G Page 4 of 8 ITEM 1. (a) Name of Issuer: Frontier Group Holdings, Inc. (the Issuer). (b) Address of Issuers Principal Executive Offices: 4545 Airport Way, Denver, CO 80239 ITEM 2. (a) Name of Person Filing: Each of the following is hereinafter individually referred to as a Reporting Person and collectively as the Reporting Persons. This statement is filed on behalf of: Indigo Frontier Holdings Company, LLC Indigo Denver Management Company, LLC William A. Franke (b) Address or Principal Business Office: The principal business address of the Reporting Persons is c/o Indigo Partners, 2525 East Camelback Road, Suite 900, Phoenix, AZ 85016. (c) Citizenship of each Reporting Person is: Indigo Frontier Holdings Company, LLC and Indigo Denver Management Company, LLC are organized under the laws of the (d) Title of Class of Securities: Common Stock, par value $0.001 per share (Common Stock). (e) CUSIP Number: 35909R108 ITEM 3. Not applicable. CUSIP No. 35909R108 Schedule 13G Page 5 of 8 ITEM4. (a-c) The ownership information presented below represents beneficial ownership of Common Stock of the Issuer as of December 31, 2023, based upon 221,063,721 shares of Common Stock outstanding as of October 20, 2023, based on the Issuers Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on October 26, 2023. Reporting Person Amount beneficially owned Percent of class: S

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View this SC 13G/A filing on SEC EDGAR