Azul (NYSE: AZUL) to trade 6.9M Series 4 subscription warrants AZUL19
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
Azul S.A. is issuing 6,904,589 Subscription Warrants – Series 4, giving holders the right to subscribe for common shares of the company. The Board of Directors ratified this final warrant amount after the preemptive rights period for eligible shareholders, in line with Brazilian corporate law.
The Subscription Warrants – Series 4, listed on B3 under the code AZUL19, will start trading on July 2, 2026 and may be exercised until June 30, 2027. These warrants add an additional equity-linked instrument to Azul’s capital structure but do not themselves change the current share count until exercised.
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Key Figures
Subscription Warrants – Series 4 issued: 6,904,589 warrants
Warrant trading start date: July 2, 2026
Warrant exercise deadline: June 30, 2027
+5 more
8 metrics
Subscription Warrants – Series 4 issued
6,904,589 warrants
Final number ratified by Board of Directors
Warrant trading start date
July 2, 2026
Series 4 warrants begin trading on B3 as AZUL19
Warrant exercise deadline
June 30, 2027
Last date to exercise Subscription Warrants – Series 4
Daily flights
approximately 800 flights
Company operational profile in Brazil
Destinations served
over 137 destinations
Network coverage described in company profile
Operating fleet
over 180 aircraft
Fleet size in company description
Crewmembers
more than 14,000
Employee base as stated in company profile
Non-stop routes
250 routes
Network of non-stop routes in Brazil
Key Terms
Subscription Warrants – Series 4, preemptive rights, Brazilian Corporations Law, Board of Directors, +1 more
5 terms
Subscription Warrants – Series 4 financial
"the final number of warrants to subscribe for common shares of the Company (“Subscription Warrants – Series 4”)"
preemptive rights financial
"after verifying the result of the exercise of preemptive rights by the Company’s eligible shareholders"
Brazilian Corporations Law regulatory
"pursuant to article 171, paragraph 3, of the Brazilian Corporations Law"
A set of legal rules that governs how corporations are formed, run, and wound down in Brazil, covering board duties, shareholder rights, financial reporting, takeovers and mergers. Think of it as the rulebook that tells public and private companies how to behave and what information they must share; investors use it to assess governance quality, legal protections for shareholders and the reliability of a company’s disclosures, all of which affect risk and value.
Board of Directors regulatory
"the Company’s Board of Directors ratified the final number of warrants"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
material fact regulatory
"in furtherance to the material fact disclosed on May 21, 2026"
FAQ
What did Azul (AZUL) announce in its June 2026 Form 6-K?
Azul announced the issuance of 6,904,589 Subscription Warrants – Series 4. These warrants allow holders to subscribe for common shares, following Board approval and completion of a preemptive rights period for eligible shareholders under Brazilian corporate law.
How many Series 4 subscription warrants is Azul (AZUL) issuing?
Azul is issuing 6,904,589 Subscription Warrants – Series 4. This final number was ratified by the Board of Directors after verifying the exercise of preemptive rights by eligible shareholders, pursuant to article 171, paragraph 3, of the Brazilian Corporations Law.
When will Azul’s Series 4 subscription warrants (AZUL19) start trading?
Azul’s Subscription Warrants – Series 4, traded on B3 under ticker AZUL19, will begin trading on July 2, 2026. Investors will then be able to buy or sell these warrants on the Brazilian stock exchange like other listed securities.
Until when can Azul’s Series 4 subscription warrants be exercised?
The Subscription Warrants – Series 4 may be exercised until June 30, 2027. Up to that date, warrant holders can use their warrants to subscribe for Azul common shares under the terms approved by the Board of Directors.
What are Azul (AZUL) subscription warrants and what do they represent?
Azul’s subscription warrants are rights to subscribe for the company’s common shares on predefined terms. They do not represent shares by themselves but can be exercised into shares, potentially increasing the number of outstanding shares when holders choose to exercise.
