share_log

American Airlines | 8-K: Entered into Amendment No. 1 to the Tax Benefit Preservation Plan

SEC ·  Nov 2 05:08

Summary by Futu AI

On October 31, 2024, American Airlines Group Inc. announced the entry into Amendment No. 1 to the Tax Benefit Preservation Plan, originally dated December 21, 2021, with Equiniti Trust Company, LLC, serving as the rights agent. This amendment extends the Plan's expiration date from December 20, 2024, to October 29, 2027, with a condition that stockholder approval must be obtained by October 29, 2025, to avoid earlier termination. The Plan and its initial terms were detailed in the Company's Current Report on Form 8-K dated December 22, 2021. The Amendment aims to modify the rights of security holders and is fully described in Exhibit 4.1 of the Current Report on Form 8-K. American Airlines Group Inc. has completed the necessary formalities to ensure the report's compliance with the Securities Exchange Act of 1934.
On October 31, 2024, American Airlines Group Inc. announced the entry into Amendment No. 1 to the Tax Benefit Preservation Plan, originally dated December 21, 2021, with Equiniti Trust Company, LLC, serving as the rights agent. This amendment extends the Plan's expiration date from December 20, 2024, to October 29, 2027, with a condition that stockholder approval must be obtained by October 29, 2025, to avoid earlier termination. The Plan and its initial terms were detailed in the Company's Current Report on Form 8-K dated December 22, 2021. The Amendment aims to modify the rights of security holders and is fully described in Exhibit 4.1 of the Current Report on Form 8-K. American Airlines Group Inc. has completed the necessary formalities to ensure the report's compliance with the Securities Exchange Act of 1934.

The information provided by Futu AI is automatically generated by third-party artificial intelligence (AI) software based on news content.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.