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FLYY Investors Have Opportunity to Join Spirit Aviation Holdings, Inc. Fraud Investigation with the Schall Law Firm

By: The Schall Law Firm via Business Wire
August 24, 2025 at 18:16 PM EDT

The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Spirit Aviation Holdings, Inc. (“Spirit” or “the Company”) (NYSE American: FLYY) for violations of the securities laws.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Spirit disclosed in a regulatory filing on August 11, 2025, that "there is substantial doubt as to the Company's ability to continue as a going concern within 12 months." The Company cited "adverse market conditions" and "minimum liquidity covenants in the Company's debt obligations and credit card processing agreement [that] require financial results to improve at a rate faster than what the Company is currently anticipating." Based on this news, shares of Spirit fell by almost 40.7% on the next day.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250824661217/en/

Contacts

The Schall Law Firm

Brian Schall, Esq.

310-301-3335

info@schallfirm.com

www.schallfirm.com

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