secwatch.observer — SEC 8-K summary
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Issuer:     FTAI Infrastructure Inc. (FIP)
CIK:        0001899883
Form:       8-K/A
Filed at:   2025-10-24T23:59:59+00:00
Accession:  0001899883-25-000045
Event type: m_and_a
Sentiment:  positive
Materiality: 0.80
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FTAI Infrastructure files Wheeling financials; revenue $150.5M, net income $30.9M for FY2025
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- Wheeling earned $30.9M net income on $150.5M revenue for year ended June 30, 2025 (down from $34.7M/$151.1M in FY2024).
- Total assets $454.7M, stockholder equity $305.0M, zero long-term debt as of June 30, 2025.
- Acquisition price $1.05B cash; funded via $1.25B bridge loan (364-day) and $1B preferred equity/warrants from RR Holdings.
- All Wheeling stock placed in voting trust pending STB approval; will be released to FTAI upon regulatory clearance.
- Operating income $26.0M (17.2% margin) vs $29.4M (19.4%) prior year; depreciation up 22% to $17.4M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1899883/000189988325000045/0001899883-25-000045-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1899883/000189988325000045/ftai-20250825.htm
  HTML page:      https://secwatch.observer/filing/0001899883-25-000045

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