Source: JetBlue
As previously announced, in connection with the Agreement and Plan of Merger, dated as of July 28, 2022 (the “Merger Agreement”), by and among JetBlue Airways Corporation (“JetBlue”), Sundown Acquisition Corp., and Spirit Airlines, Inc. (“Spirit”), JetBlue has set April 24, 2023, as the record date for the April 2023 prepayment to Spirit stockholders of $0.10 per Spirit share (the “April 2023 Additional Prepayment”), with payment of the April 2023 Additional Prepayment to occur on April 28, 2023.
Pursuant to the Merger Agreement, Spirit stockholders as of the April 24, 2023, record date will be entitled to receive the April 2023 Additional Prepayment.