---
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"
generated_at: "2026-05-16T10:54:32.249765+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Allegiant to acquire Sun Country for $18.89/share ($4.10 cash + 0.1557 ALGT shares)

## Summary
- 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).

## SEC filing metadata
- 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
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-009914
- JSON: https://secwatch.observer/filing/0001193125-26-009914.json
- Plain text: https://secwatch.observer/filing/0001193125-26-009914.txt

## Key facts
- Material Agreements
  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).
  - Action: entry
  - Agreement: merger
  - Counterparty: Allegiant Travel Company
  - Value: Per Share Cash Consideration: $4.10; Per Share Stock Consideration: 0.1557 shares of Allegiant commo
  - Effective: 2026-01-11
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1743907/000119312526009914/0001193125-26-009914-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.