JetBlue Announces Record and Payment Dates for March 2023 Additional Prepayment to Spirit Stockholders

 

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”) (NASDAQ: JBLU), Sundown Acquisition Corp., and Spirit Airlines, Inc.

 (“Spirit”) (NYSE: SAVE), JetBlue has set March 27, 2023, as the record date for the March 2023 prepayment to Spirit stockholders of $0.10 per Spirit share (the “March 2023 Additional Prepayment”), with payment of the March 2023 Additional Prepayment to occur on March 31, 2023. Pursuant to the Merger Agreement, Spirit stockholders as of the March 27, 2023, record date will be entitled to receive the March 2023 Additional Prepayment.

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