{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-024735","form_type":"8-K","ticker":"ULCC","cik":"0001670076","company_name":"Frontier Group Holdings, Inc.","filed_at":"2025-02-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.382317+00:00","generated_at":"2026-05-26T22:54:54.639138+00:00","sec_items":["7.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Frontier revises Spirit merger proposal: $400M debt + 19% equity, no rights offering","bullets":["Frontier offers $400M second-lien takeback debt and 19% equity (~52.9M shares) to Spirit stakeholders.","Proposal eliminates Spirit's $350M equity rights offering; $35M ERO breakup fee waived.","Spirit counters with $600M first-lien debt and $35M breakup fee; Frontier rejects, sticks to original.","No agreement reached; Spirit intends to advance standalone Chapter 11 restructuring.","Correspondence shows unresolved differences on debt priority, break fee, and regulatory termination fee."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-024735","json":"https://secwatch.observer/filing/0001193125-25-024735.json","markdown":"https://secwatch.observer/filing/0001193125-25-024735.md","text":"https://secwatch.observer/filing/0001193125-25-024735.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1670076/000119312525024735/0001193125-25-024735-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1670076/000119312525024735/d918017d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T22:54:54.639138+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}