---
schema_version: "secwatch.filing_event.v1"
accession: "0000950103-25-014262"
form_type: "8-K"
ticker: "FLYYQ"
cik: "0001498710"
company_name: "Spirit Aviation Holdings, Inc."
filed_at: "2025-11-04T23:59:59+00:00"
generated_at: "2026-05-17T00:36:20.726306+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Spirit Aviation Holdings receives court approval for $475M DIP financing in Chapter 11

## Summary
- Bankruptcy court entered final order on Oct 31, 2025 approving the DIP credit agreement.
- DIP facility provides up to $475M in term loans; $200M initial new money funded at closing.
- Additional new money tranches: $75M on Nov 7, $100M on Dec 13, $100M later; maturity July 14, 2026.
- Common stock delisted from NYSE American; now trades on OTC Pink under symbol FLYYQ.
- Company cautions holders of common stock could experience a significant or complete loss.

## SEC filing metadata
- accession: 0000950103-25-014262
- form_type: 8-K
- ticker: FLYYQ
- cik: 0001498710
- company_name: Spirit Aviation Holdings, Inc.
- filed_at: 2025-11-04T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1498710/000095010325014262/0000950103-25-014262-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1498710/000095010325014262/dp236935_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950103-25-014262
- JSON: https://secwatch.observer/filing/0000950103-25-014262.json
- Plain text: https://secwatch.observer/filing/0000950103-25-014262.txt

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