---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-012060"
form_type: "8-K"
ticker: "RJET"
cik: "0000810332"
company_name: "REPUBLIC AIRWAYS HOLDINGS INC."
filed_at: "2023-01-20T23:59:59+00:00"
generated_at: "2026-06-20T12:48:17.759226+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Mesa Air issues 10% of stock to United, grants board seat and restricts strategic actions

## Summary
- Issued 4,042,061 shares (10% of outstanding) to United under amended capacity purchase agreement dated Dec 27, 2022.
- Bylaws amended to allow United to designate one board member as long as it holds at least 5% of stock.
- Board restricted from mergers, asset sales, or new lines of business until Jan 2026 or unless a deal with another major carrier occurs.
- United granted preemptive rights to purchase its pro-rata share of any future equity issuances by Mesa.
- Mesa agreed to use reasonable best efforts to file an S-3 registration statement for resale of the shares.

## SEC filing metadata
- accession: 0001193125-23-012060
- form_type: 8-K
- ticker: RJET
- cik: 0000810332
- company_name: REPUBLIC AIRWAYS HOLDINGS INC.
- filed_at: 2023-01-20T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.02, 8.01, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/810332/000119312523012060/0001193125-23-012060-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/810332/000119312523012060/d278115d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-012060
- JSON: https://secwatch.observer/filing/0001193125-23-012060.json
- Plain text: https://secwatch.observer/filing/0001193125-23-012060.txt

## Key facts
- Governance Changes
  REPUBLIC AIRWAYS HOLDINGS INC.: Added Section 3.15 granting United the right to designate one board member if holding at least 5% of shares; added Section 3.16 restricting certain board actions until January 1, 2026 or earlier conditions (effective 2023-01-13).
  - Change: bylaw amendment
  - Effective: 2023-01-13
  source text: On January 13, 2023, the Company’s Board of Directors approved a resolution to amend the Company’s Amended and Restated Bylaws (the “Bylaws”) effective on that date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/810332/000119312523012060/0001193125-23-012060-index.htm

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