SPIRIT ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Spirit Aviation Holdings, Inc. and Encourages Investors to Contact the Firm

Core Viewpoint - A class action lawsuit has been filed against Spirit Aviation Holdings, Inc. for failing to disclose significant financial risks during a critical period, leading to substantial losses for investors [8]. Allegation Details - The lawsuit claims that Spirit was at substantial risk of not meeting its debt obligations and was likely to file for Chapter 11 bankruptcy within months, which was not disclosed to investors [8]. - The complaint highlights that Spirit overstated its financial condition and liquidity while downplaying adverse market conditions [8]. Stock Performance - Following the announcement of Spirit's bankruptcy filing on August 29, 2025, the stock price plummeted by $0.71, or 58.2%, closing at $0.51 per share on September 3, 2025 [8]. - The stock was subsequently suspended from trading on the NYSE and began trading on the OTC market under the ticker symbol "FLYYQ" [8]. Legal Process - Investors who purchased Spirit securities between May 28, 2025, and August 29, 2025, have until December 1, 2025, to apply to be appointed as lead plaintiff in the lawsuit [8]. - The law firm Bragar Eagel & Squire, P.C. is representing the investors and encourages those affected to reach out for more information [4][5].