Welcome to our dedicated page for Spirit Aviation Hldgs SEC filings (Ticker: FLYY), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Our SEC filing database is enhanced with expert analysis from Rhea-AI, providing insights into the potential impact of each filing on Spirit Aviation Hldgs's stock performance. Each filing includes a concise AI-generated summary, sentiment and impact scores, and end-of-day stock performance data showing the actual market reaction. Navigate easily through different filing types including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, proxy statements (DEF 14A), and Form 4 insider trading disclosures.
Designed for fundamental investors and regulatory compliance professionals, our page simplifies access to critical SEC filings. By combining real-time EDGAR feed updates, Rhea-AI's analytical insights, and historical stock performance data, we provide comprehensive visibility into Spirit Aviation Hldgs's regulatory disclosures and financial reporting.
Spirit Aviation Holdings (FLYY) announced court-approved debtor-in-possession financing and a major aircraft lessor settlement as part of its Chapter 11 process. The Bankruptcy Court authorized a superpriority priming DIP credit agreement providing up to $475,000,000 in term loans, with additional new money availability of up to $75,000,000 on November 7, 2025, $100,000,000 on December 13, 2025, and $100,000,000 on a later date under the interim order. Interest on new money loans is payable in kind at Base Rate plus 7% (4% floor) or Term SOFR plus 8% (3% floor), with a scheduled maturity of July 14, 2026.
The court also approved a restructuring term sheet with AerCap, including lease assumptions and rejections, 30 new postpetition leases, mutual releases, and a $150.0 million liquidity payment to the Debtors. The company will launch a tender offer for holders of the Prepetition Notes to participate pro rata as DIP lenders and to exchange (“roll-up”) a principal amount of their notes under the DIP terms.
Separately, the company’s common stock was delisted from NYSE American following a Form 25 filing and now trades on the OTC Pink under “FLYYQ.” The company cautions that common shareholders could experience a significant or complete loss depending on the Chapter 11 outcome.
Esopus Creek Value Series Fund LP - Series A and related parties disclosed ownership of 1,300,000 shares of Spirit Aviation Holdings, Inc. common stock, representing approximately 5.0% of the 25,882,259 shares outstanding. The shares were acquired with approximately $690,406 of the fund's capital, including commissions, with two recent purchases: 500,000 shares on September 3, 2025 at $0.5379 per share and 800,000 shares on September 10, 2025 at $0.5012 per share. The filing states the Reporting Persons view the issuer as undervalued but express material concern that the company has filed for bankruptcy protection twice in rapid succession and that management has undermined shareholder value. The Reporting Persons seek appointment of an examiner in the bankruptcy process and reserve the right to engage with the company, buy or sell additional shares, or pursue other actions to protect their investment.
FAQ
What is the current stock price of Spirit Aviation Hldgs (FLYY)?
What is the market cap of Spirit Aviation Hldgs (FLYY)?
