---
schema_version: "secwatch.filing_event.v1"
accession: "0000950103-25-000578"
form_type: "8-K"
ticker: "FLYYQ"
cik: "0001498710"
company_name: "Spirit Aviation Holdings, Inc."
filed_at: "2025-01-16T23:59:59+00:00"
generated_at: "2026-05-27T23:56:35.686480+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Spirit Airlines Secures $300M Exit Financing and $300M DIP Facility Amid Chapter 11 Reorganization

## Summary
- Secured commitment from prepetition debtholders for up to $300M senior secured exit revolving credit facility.
- Entered $300M superpriority secured debtor-in-possession term loan credit agreement on December 23, 2024.
- Announced plans to publish flight schedule for May 22-August 12, 2025 on January 31, 2025.
- Common stock delisted from NYSE, now trades on OTC Pink under symbol SAVEQ.
- Chapter 11 cases filed November 18, 2024, jointly administered under case number 24-11988 (SHL).

## SEC filing metadata
- accession: 0000950103-25-000578
- form_type: 8-K
- ticker: FLYYQ
- cik: 0001498710
- company_name: Spirit Aviation Holdings, Inc.
- filed_at: 2025-01-16T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1498710/000095010325000578/0000950103-25-000578-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1498710/000095010325000578/dp223301_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950103-25-000578
- JSON: https://secwatch.observer/filing/0000950103-25-000578.json
- Plain text: https://secwatch.observer/filing/0000950103-25-000578.txt

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