---
schema_version: "secwatch.filing_event.v1"
accession: "0000950103-24-018522"
form_type: "8-K"
ticker: "FLYYQ"
cik: "0001498710"
company_name: "Spirit Aviation Holdings, Inc."
filed_at: "2024-12-31T23:59:59+00:00"
generated_at: "2026-05-28T21:39:53.930368+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Spirit Airlines reports $316.4M net loss for November; launches $350M rights offering

## Summary
- Net loss of $316.4M for November 2024 (first month of Chapter 11) on revenue of $351.2M.
- Cash balance end of month $203.6M; total liabilities $9.47B with equity deficit of $12.6M.
- Launched $350M equity rights offering expiring Jan 30, 2025 as part of pre-arranged restructuring plan.
- Plan contemplates current equity holders will receive no recovery; stock trades OTC Pink under SAVEQ.
- Employee headcount 7,425 at month-end vs. 7,384 at petition date (Nov 18).

## SEC filing metadata
- accession: 0000950103-24-018522
- form_type: 8-K
- ticker: FLYYQ
- cik: 0001498710
- company_name: Spirit Aviation Holdings, Inc.
- filed_at: 2024-12-31T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1498710/000095010324018522/0000950103-24-018522-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1498710/000095010324018522/dp222864_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950103-24-018522
- JSON: https://secwatch.observer/filing/0000950103-24-018522.json
- Plain text: https://secwatch.observer/filing/0000950103-24-018522.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.