STOCK TITAN

Pursuit Attractions (PRSU) extends Flyover business sale outside date

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Pursuit Attractions and Hospitality, Inc. has amended its previously disclosed agreement to sell all equity interests in its Flyover flying theater attractions business. The company and Flyover Attractions B.V. agreed to extend the contractual “outside date” for closing from May 21, 2026 to July 31, 2026.

All other terms of the Equity Purchase Agreement remain unchanged, and completion of the sale continues to depend on customary closing conditions. The full amendment will be filed as an exhibit to Pursuit’s Form 10-Q for the quarter ending June 30, 2026.

Positive

  • None.

Negative

  • None.
Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Agreement signing date January 21, 2026 Date Equity Purchase Agreement for Flyover business was entered
Original outside date May 21, 2026 Initial termination outside date before amendment
New outside date July 31, 2026 Revised termination outside date after amendment
Amendment date May 18, 2026 Date parties entered into the amendment
Quarter for amendment filing Quarter ending June 30, 2026 Amendment to be filed as 10-Q exhibit for this quarter
Equity Purchase Agreement financial
"entered into an Equity Purchase Agreement (the “Purchase Agreement”) with Flyover Attractions B.V."
An equity purchase agreement is a legal contract that sets the terms for buying ownership shares in a company, including the number of shares, price, and any conditions that must be met before the sale closes. For investors it matters because it determines how much ownership and control they gain, how the company’s value and share count change, and what protections or obligations each side has—think of it as the detailed bill of sale and ground rules for a stock purchase.
outside date financial
"to extend the “outside date” on which the Purchase Agreement may be terminated"
An outside date is the final contractual deadline by which a planned deal—such as a merger, acquisition, or financing—must be completed; if the transaction hasn’t closed by that date, parties typically gain the right to walk away or trigger agreed remedies. It matters to investors because it sets a clear timetable for when uncertainty should end, and approaching or missing the outside date can raise the chance of deal failure, renegotiation, or changes to valuation.
customary closing conditions financial
"The consummation of the Transaction is subject to certain customary closing conditions."
"Customary closing conditions" are standard rules or checks that must be met before a business deal can be finalized, like making sure all paperwork is in order or that certain approvals are obtained. They matter because they help protect both parties, ensuring everything is in place and reducing the risk of surprises or problems after the deal is closed.
guarantor financial
"with Flyover Attractions B.V. (the “Buyer”) and Brogent Technologies, Inc., as guarantor"
Emerging growth company regulatory
"Emerging growth company Item 8.01. Other Events."
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 20, 2026

img8858049_0.jpg

Pursuit Attractions and Hospitality, Inc.

(Exact name of registrant as specified in its charter)

 

 

Delaware

001-11015

36-1169950

(State or other jurisdiction
of incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

 

 

 

1401 17th Street

Suite 1400

 

 

Denver, Colorado

 

80202

(Address of principal executive offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code: (602) 207-1000

Not Applicable

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading
Symbol(s)

 

Name of each exchange on which registered

Common Stock, $1.50 Par Value

 

PRSU

 

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 


Item 8.01. Other Events.

As previously disclosed, on January 21, 2026, Pursuit Attractions and Hospitality, Inc. (the “Company”) and certain of its subsidiaries (collectively, the “Sellers”) entered into an Equity Purchase Agreement (the “Purchase Agreement”) with Flyover Attractions B.V. (the “Buyer” and together with the Sellers, the “Parties,” and each individually, a "Party") and Brogent Technologies, Inc., as guarantor, pursuant to which the Sellers agreed to sell to the Buyer all of the outstanding equity interests in the subsidiaries comprising the Company’s Flyover flying theater attractions business (the “Transaction”).

On May 18, 2026, the Parties entered into an amendment (the “Amendment”) to the Purchase Agreement to extend the “outside date” on which the Purchase Agreement may be terminated by either Party if the closing of the Transaction has not occurred from May 21, 2026 to July 31, 2026. Other than as described herein, the terms of the Purchase Agreement that were previously disclosed remain unchanged. The consummation of the Transaction is subject to certain customary closing conditions.

The foregoing description of the Amendment is qualified in its entirety by reference to the full text of the Amendment, a copy of which will be filed as an exhibit to the Company’s Quarterly Report on Form 10-Q for the quarter ending June 30, 2026.


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.

 

 

Pursuit Attractions and Hospitality, Inc.

 

(Registrant)

 

 

 

Date: May 20, 2026

By:

/s/ Michael L. Bosco

 

 

Michael L. Bosco

 

Title:

Chief Accounting Officer

 


FAQ

What did Pursuit Attractions and Hospitality, Inc. (PRSU) announce in this 8-K?

Pursuit Attractions and Hospitality, Inc. announced an amendment to its Equity Purchase Agreement to sell its Flyover flying theater attractions business, extending the contract’s outside closing date while leaving all other transaction terms unchanged and still subject to customary closing conditions.

How does the amendment affect Pursuit (PRSU)’s Flyover business sale timeline?

The amendment moves the agreement’s outside date for closing the Flyover business sale from May 21, 2026 to July 31, 2026. This gives the parties additional time to satisfy customary closing conditions before either side can terminate the agreement under that provision.

Are the main terms of Pursuit (PRSU)’s Flyover sale changing in this update?

No, the company states that, other than extending the outside date, the previously disclosed terms of the Equity Purchase Agreement remain unchanged. The buyer, sellers, and guarantor continue under the same fundamental deal structure and closing conditions as originally agreed.

Who is buying Pursuit (PRSU)’s Flyover flying theater attractions business?

The buyer is Flyover Attractions B.V., which agreed to purchase all outstanding equity interests in the subsidiaries that comprise Pursuit’s Flyover flying theater attractions business. Brogent Technologies, Inc. is named as guarantor of certain obligations in the Equity Purchase Agreement.

Where will investors find the full text of Pursuit (PRSU)’s amendment?

The company states the full amendment will be filed as an exhibit to its Quarterly Report on Form 10-Q for the quarter ending June 30, 2026. Investors can review that exhibit when the Form 10-Q becomes publicly available through regulatory filings.

Filing Exhibits & Attachments

1 document