secwatch.observer — SEC 8-K summary
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Issuer:     Sun Country Airlines Holdings, Inc. (SNCY)
CIK:        0001743907
Form:       8-K
Filed at:   2025-02-11T23:59:59+00:00
Accession:  0001193125-25-024316
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Apollo affiliate sells all 6.35M shares of Sun Country; company buys back 630,914 shares
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- Selling Stockholder (Apollo affiliate) sold 6,346,105 shares of SNCY common stock in secondary offering; company received no proceeds.
- Company concurrently repurchased 630,914 shares from underwriters at same price, using existing cash on hand.
- Apollo's governance rights under Stockholders Agreement and Registration Rights Agreement terminated upon closing.
- Repurchase terms approved by audit committee and full board of directors.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1743907/000119312525024316/0001193125-25-024316-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1743907/000119312525024316/d932164d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-024316

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