{"schema_version":"secwatch.filing_event.v1","accession":"0000950103-24-016405","form_type":"8-K","ticker":"FLYYQ","cik":"0001498710","company_name":"Spirit Aviation Holdings, Inc.","filed_at":"2024-11-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:08.599521+00:00","generated_at":"2026-05-29T22:58:58.053831+00:00","sec_items":["1.01","1.03","2.04","5.02","7.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":1.0,"calibrated_materiality_score":1.0,"confidence":"high","headline":"Spirit Airlines files Chapter 11, plans to cancel common equity, equitize $795M debt","bullets":["Filed voluntary Chapter 11 on Nov 18, 2024; all flights and operations continue as normal.","RSA signed by ~78.6% of senior secured noteholders and ~84.1% of convertible noteholders.","Plan equitizes $410M in Senior Secured Notes and $385M in Convertible Notes; existing equity canceled with zero recovery.","Backstopped $350M new equity rights offering and $300M DIP financing from existing bondholders.","Vendors, aircraft lessors, and secured aircraft debt holders to be paid in the ordinary course, not impaired."],"urls":{"canonical":"https://secwatch.observer/filing/0000950103-24-016405","json":"https://secwatch.observer/filing/0000950103-24-016405.json","markdown":"https://secwatch.observer/filing/0000950103-24-016405.md","text":"https://secwatch.observer/filing/0000950103-24-016405.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1498710/000095010324016405/0000950103-24-016405-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1498710/000095010324016405/dp220813_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T22:58:58.053831+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}