Sun Country Airlines Holdings, Inc. (SNCY) Form 8-K — May 13, 2026
$SNCYForm 8-KItems 1.02, 2.01, 3.01, 3.03, 5.01, 5.02, 5.03Filed May 13, 2026, 4:38 PM ET0001140361-26-021071Original filing
On May 13, 2026, Sun Country Airlines Holdings, Inc. completed its acquisition by Allegiant Travel Company. Each share of Sun Country Common Stock was converted into the right to receive $4.10 in cash and 0.1557 shares of Allegiant Common Stock. In connection with the merger, Sun Country terminated its Credit and Guaranty Agreement and its Tax Receivable Agreement, resulting in a payment of approximately $80.4 million to the TRA holders.
Key figures
- Deal Value Usd
- 80.4 million
- Gross Proceeds
- 80.4 million
- Offering Price
- 4.10
- Shares Offered
- 0.1557
Price after filing
1 day: 0.0%7 days: 0.0%
Close on the filing date to close N calendar days later (from $16.17). Historical, not a forecast.
AI analysis
Red flags2 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.