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Pursuit Attractions and Hospitality, Inc. 8-K Filings

PRSU NYSE

Every 8-K that Pursuit Attractions and Hospitality, Inc. (PRSU) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 8-K covers material events a company has to report between its quarterly reports, so if you follow PRSU and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full PRSU filings page.

Rhea-AI Summary

Pursuit Attractions and Hospitality, Inc. reported record second quarter 2026 revenue of $133.5 million, up 14.3% year over year, driven by strong contributions from Tabacón and growth across existing geographies. Net income attributable to Pursuit rose to $15.2 million from $5.6 million, and Adjusted net income reached $14.0 million or $0.50 per share.

Adjusted EBITDA was $32.7 million, up 10.1%. As of June 30, 2026, liquidity totaled $160.9 million and total debt was $250.7 million, with a net leverage ratio of 1.5x. Pursuit acquired Eagle Wing Tours for C$23.9 million and sold its non-core Flyover Attractions business for $75 million. Full-year 2026 revenue guidance is $485 million at the midpoint and Adjusted EBITDA guidance is $128–$138 million, both increased to reflect acquisitions and Flyover’s pre-sale contribution, alongside planned 2026 growth capex of $70–$80 million.

Rhea-AI Summary

Pursuit Attractions and Hospitality, Inc. held its 2026 annual shareholder meeting, with 25,943,060 shares represented, or 94.5% of the 27,449,264 common shares outstanding on the record date. This indicates very high voting participation.

Shareholders reelected Class I directors Joshua E. Schechter and Jill H. Bright to serve until the 2029 annual meeting. They also ratified Deloitte & Touche LLP as independent auditor for the 2026 fiscal year and approved, on an advisory basis, the compensation of the company’s named executive officers.

Rhea-AI 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.

Rhea-AI Summary

Pursuit Attractions and Hospitality, Inc. reported record first quarter 2026 results, reaffirmed its full year 2026 guidance, and highlighted significant share repurchases and a pending asset sale. Revenue for the quarter rose 37.4% to $51.6 million, driven by strong demand across its iconic attractions and lodging portfolio, including contribution from the 2025 Tabacón acquisition.

The company still posted a seasonally typical net loss attributable to Pursuit of $24.9 million, an improvement from a $31.1 million loss a year earlier, with adjusted EBITDA improving to a negative $14.9 million from negative $17.5 million. Liquidity stood at $170.3 million as of March 31, 2026, with total debt of $236.4 million and a net leverage ratio of 1.5x, below its 2.0x–3.5x target range.

Pursuit repurchased $25.2 million of stock in the quarter and $40.4 million in total at an average price of $35.40 per share, and increased its buyback authorization so $59.6 million remains available. It also agreed to sell its Flyover Attractions business for approximately $78.4 million, at about 15x 2025 Flyover adjusted EBITDA, with closing expected in May 2026, and plans to use proceeds to reduce revolver debt and fund high-return growth projects. Full year 2026 guidance calls for revenue of about $465 million at the midpoint and adjusted EBITDA of $123–$133 million, implying high-single- to low-double-digit growth versus 2025.

Rhea-AI Summary

Pursuit Attractions and Hospitality, Inc. reported record 2025 revenue of $452.4 million, up 23.4%, driven by strong demand for its attractions and hospitality portfolio. Adjusted EBITDA rose to $117.1 million, a $40.1 million increase, and adjusted net income improved to $33.5 million or $1.18 per share.

The company ended 2025 with total liquidity of $238.1 million, total debt of $159.1 million and a net leverage ratio of 1.0x, below its target range. Pursuit agreed to sell its Flyover Attractions business for about $78.4 million and guided 2026 Adjusted EBITDA to $123–$133 million. It also set 2030 targets of more than $845 million in revenue and over $265 million of Adjusted EBITDA, supported by over $300 million in planned Refresh and Build investments, strategic acquisitions and ongoing share repurchases.

Rhea-AI Summary

Pursuit Attractions and Hospitality, Inc. has agreed to sell all of the outstanding equity interests in the subsidiaries that comprise its Flyover flying theater attractions business to Flyover Attractions B.V. The cash purchase price for this transaction is $78.4 million, with potential post-closing adjustments for indebtedness, cash, working capital, unpaid expenses and other specified items in the agreement.

Closing depends on customary conditions, including required regulatory approvals, and must occur before May 21, 2026 unless extended by the parties. The agreement can be terminated in several situations, and if the company ends the deal due to the buyer’s material breach, failure to close by the agreed date, or failure to close after all conditions are met, the company is entitled to a $10.0 million termination fee from the buyer. The buyer has also obtained a representations and warranties insurance policy to cover certain losses related to the sellers’ representations.

Rhea-AI Summary

Pursuit Attractions and Hospitality, Inc. reported that its board approved a new Executive Severance Plan covering key leaders, including President and CEO David Barry and CFO Michael “Bo” Heitz, and simultaneously adopted amended and restated bylaws effective immediately.

Under the plan, if Mr. Barry has a qualifying termination, he is eligible for a lump-sum cash severance equal to 24 months of base salary, a prorated bonus based on actual performance, and up to 24 months of COBRA premium payments, with enhanced bonus benefits if the termination occurs in connection with a change in control. Mr. Heitz, as a Tier 2 executive, would generally receive 12 months of salary continuation, a prorated performance bonus, and up to 12 months of COBRA premiums, with larger lump-sum salary and bonus amounts and up to 18 months of COBRA during a change in control period.

The new bylaws give the board more flexibility over meeting timing and remote-only meetings, tighten procedures and disclosures for stockholder nominations and proposals, and adopt Delaware and federal forum selection provisions for certain corporate and Securities Act claims.

Rhea-AI Summary

Pursuit Attractions and Hospitality, Inc. (PRSU) furnished an 8-K to announce it issued a press release with earnings for the third quarter ended September 30, 2025. The press release is attached as Exhibit 99.1.

The company states the press release is furnished under Item 2.02 and is not deemed filed under Section 18 of the Exchange Act, nor incorporated by reference in other filings except as expressly set forth. The filing date is November 5, 2025.

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