Nov. 11 at 12:25 AM
$FLYYQ - Spirit Aviation Holdings, Inc. - 10Q - Updated Risk Factors
FLYYQ flags tightened liquidity, full credit draw,
$475M DIP loan, and major cost cuts amid Chapter 11; new risks include bankruptcy-driven stock wipeout, operational uncertainty, DIP loan covenants, potential undischarged claims, management distraction, unpredictable liquidity, delisting, and possible NOL limitations. #AviationIndustry #OperationalUncertainty #DebtFinancing #LiquidityRisk #Chapter11Bankruptcy
🟢 Added 🟠 Removed
https://d-risk.ai/FLYYQ/10-Q/2025-11-10