other_material
confidence high
sentiment neutral
materiality 0.65
Mesa Air Group announces 15:1 reverse stock split; ticker to change to RJET
REPUBLIC AIRWAYS HOLDINGS INC.
- Board approved 15:1 reverse stock split; authorized shares reduced from 125M to 8,333,333.
- Effective time expected 5:00 p.m. ET on Nov 24, 2025; post-split trading under new symbol RJET on Nov 25.
- Fractional shares rounded up to nearest whole share; equity awards proportionally adjusted.
- Reverse stock split contingent on consummation of previously announced merger with Republic Airways Holdings Inc.