NEW YORK, NY / ACCESS Newswire / August 15, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of Spirit Aviation Holdings, Inc. ("Spirit Aviation Holdings, Inc.") (NYSE:FLYY) concerning possible violations of federal securities laws.
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, among other things, "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."
Following this news, Spirit’s stock price fell over 40% on August 12, 2025. To obtain additional information, go to:
or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212)363-7500.
WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212)363-7500
Fax: (212)363-7171
https://zlk.com/
SOURCE: Levi & Korsinsky, LLP
View the original press release on ACCESS Newswire
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