secwatch.observer — SEC 8-K summary
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Issuer:     Six Flags Entertainment Corporation/NEW (FUN)
CIK:        0001999001
Form:       8-K12B/A
Filed at:   2024-09-16T23:59:59+00:00
Accession:  0001193125-24-219635
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Six Flags posts pro forma net loss of $23M for 2023, $186M for H1 2024 after merger of equals
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- Pro forma 2023 revenue $3.23B; net loss attributable to controlling interests $23.3M ($0.23 per share).
- Pro forma H1 2024 revenue $1.25B; net loss attributable to controlling interests $186.1M ($1.85 per share).
- Merger closed July 1, 2024; Cedar Fair is accounting acquirer (51.2% ownership). Post-merger long-term debt ~$4.95B.
- $330M drawn under new credit agreement to repay revolving facilities and pay transaction costs; $165M of Six Flags 2025 notes repaid pre-closing.
- Preliminary purchase price allocation; goodwill of $2.87B and intangibles of $878.6M recorded.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1999001/000119312524219635/0001193125-24-219635-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1999001/000119312524219635/d865721d8k12ba.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-219635

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