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0 0.00185414091470959 0.00185414091470959 0.00185414091470959 0.00741656365883813 0.0111248454882571 0.0193448702101361 0.0315203955500619
Stock impact report

Sun Country Airlines Holdings, Inc. Announces Pricing of Secondary Public Offering of Common Stock and Concurrent Share Repurchase

Sun Country Airlines Holdings, Inc. (SNCY) 
Company Research Source: GlobeNewswire
MINNEAPOLIS, Feb. 10, 2025 (GLOBE NEWSWIRE) -- Sun Country Airlines Holdings, Inc. (NASDAQ: SNCY) (“Sun Country Airlines”) today announced the pricing of the previously announced secondary public offering of 6,346,105 shares of its common stock by an affiliate of certain investment funds managed by affiliates of Apollo Global Management, Inc. (the “Selling Stockholder”), which represent all the remaining shares owned by the Selling Stockholder. The offering is expected to close, subject to customary closing conditions, on February 11, 2025. Sun Country Airlines is not selling any shares and will not receive any proceeds from the offering. In addition, Sun Country Airlines has agreed to purchase from the underwriters approximately $10 million of shares of common stock that are the subject of the offering at a price per share equal to the price at which the underwriters will purchase such shares from the Selling Stockholder in the offering (the “Concurrent Share Repurchase”). Sun Co Show less Read more
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