{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-009914","form_type":"8-K","ticker":"SNCY","cik":"0001743907","company_name":"Sun Country Airlines Holdings, Inc.","filed_at":"2026-01-12T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.056682+00:00","generated_at":"2026-05-16T10:54:32.249765+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Allegiant to acquire Sun Country for $18.89/share ($4.10 cash + 0.1557 ALGT shares)","bullets":["Total implied consideration of $18.89 per Sun Country share: $4.10 cash plus 0.1557 Allegiant shares.","Combined airline serves ~22M customers, nearly 175 cities, with 650+ routes and 195 aircraft.","Expected $140M annual synergies by Year 3 post-close; EPS accretive in Year 1.","Sun Country CEO Jude Bricker and two other directors to join Allegiant board after close.","Reverse termination fees: $33M (Sun Country change of recommendation), $52M (Allegiant change), $30M (HSR failure)."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-009914","json":"https://secwatch.observer/filing/0001193125-26-009914.json","markdown":"https://secwatch.observer/filing/0001193125-26-009914.md","text":"https://secwatch.observer/filing/0001193125-26-009914.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1743907/000119312526009914/0001193125-26-009914-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1743907/000119312526009914/d20291d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T10:54:32.249765+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":[{"claim_id":"16196036f78eda4f3e40b031315d8c62858ba740","claim":"Sun Country Airlines Holdings, Inc. entered into Agreement and Plan of Merger with Allegiant Travel Company valued at Per Share Cash Consideration: $4.10; Per Share Stock Consideration: 0.1557 shares of Allegiant commo (effective 2026-01-11).","evidence_excerpt":"On January 11, 2026, Sun Country Airlines Holdings, Inc., a Delaware corporation (the “ Sun Country ”), entered into an Agreement and Plan of Merger (the “ Merger Agreement ”) with Allegiant Travel Company, a Nevada corporation (“ Allegiant ”), Mirage Merger Sub, Inc., a Delaware corporation and a direct wholly owned subsidiary of Allegiant (“ Merger Sub 1 ”), and Sawdust Merger Sub, LLC, a Nevada limited liability company and a direct wholly owned subsidiary of Allegiant (“ Merger Sub 2 ”, together with Merger Sub 1, the “ Merger Subs ”), providing for the merger of Merger Sub 1 with and into Sun Country (the “ First Merger ”), with Sun Country surviving the First Merger as a direct wholly owned subsidiary of Allegiant and immediately following the First Merger, the merger of Sun Country with and into Merger Sub 2 (the “ Second Merger ” and, together with the First Merger, the “ Mergers ”), with Merger Sub 2 surviving the Second Merger as a direct, wholly owned subsidiary of Allegiant","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1743907/000119312526009914/0001193125-26-009914-index.htm","confidence":0.99,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"merger"},{"label":"Counterparty","value":"Allegiant Travel Company"},{"label":"Value","value":"Per Share Cash Consideration: $4.10; Per Share Stock Consideration: 0.1557 shares of Allegiant commo"},{"label":"Effective","value":"2026-01-11"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}