JetBlue announces record, payment dates for prepayment to Spirit stockholders

As previously announced, in connection with the agreement and plan of merger, dated as of July 28, 2022, by and among JetBlue (JBLU), Sundown Acquisition Corp., and Spirit Airlines (SAVE), JetBlue has set March 27 as the record date for the March 2023 prepayment to Spirit stockholders of 10c per Spirit share, with payment of the March additional prepayment to occur on March 31. Pursuant to the merger agreement, Spirit stockholders as of the March 27 record date will be entitled to receive the March additional prepayment.