LAS VEGAS, May 5, 2021 /PRNewswire/ -- Allegiant
Travel Company (NASDAQ: ALGT) ("Allegiant", "we," "us," or
"our") has commenced an underwritten public offering of 1,350,000
shares of its common stock (the "Shares" and such offering the
"Offering"). Allegiant intends to grant the underwriters of the
Offering a 30-day option to purchase up to 202,500 additional
Shares.
Allegiant expects to use the net proceeds of the Offering for
airline growth opportunities and general corporate purposes,
including the acquisition of aircraft and repayment of existing
indebtedness.
Barclays and Morgan Stanley are acting as underwriters for the
Offering. We have filed with the SEC a registration statement
(including a prospectus) and a preliminary prospectus supplement
relating to the Offering. Before you invest, you should read the
preliminary prospectus supplement and the prospectus in that
registration statement and other documents we have filed with the
SEC for more complete information about us and the offering. You
may get these documents free by visiting EDGAR on the SEC website
at www.sec.gov. Alternatively, we, any underwriter or any dealer
participating in the Offering will arrange to send you the
preliminary prospectus supplement for the Offering and the
accompanying prospectus upon request to: Barclays Capital Inc., c/o
Broadridge Financial Solutions, 1155 Long Island Avenue,
Edgewood, New York, 11717, or by
telephone at (888) 603-5847, or by email at
barclaysprospectus@broadridge.com or Morgan Stanley & Co. LLC,
180 Varick Street, 2nd Floor, New York,
New York 10014, Attention: Prospectus Department. In
addition, we will arrange to send you the prospectus relating to
the Offering upon request to Allegiant Travel Company, Attention:
Investor Relations, 1201 North Town Center Drive, Las Vegas, Nevada 89144, or by telephone at
(702) 851-7300.
Allegiant Travel Company
Las Vegas-based Allegiant
(NASDAQ: ALGT) is an integrated travel company with an airline at
its heart, focused on connecting customers with the people, places
and experiences that matter most. Since 1999, Allegiant Air has
linked travelers in small-to-medium cities to world-class vacation
destinations with all-nonstop flights and industry-low average
fares. Today, Allegiant's all-Airbus fleet serves communities
across the nation, with base airfares less than half the cost of
the average domestic roundtrip ticket. For more information, visit
us at Allegiant.com. Media information, including photos, is
available at http://gofly.us/iiFa303wrtF
ALGT/G
Note: This news release was accurate at the date of issuance.
However, information contained in the release may have changed. If
you plan to use the information contained herein for any purpose,
verification of its continued accuracy is your
responsibility.
For further information please visit the company's investor
website: http://ir.allegiantair.com
Reference to the Company's website above does not constitute
incorporation of any of the information thereon into this news
release.
Allegiant Media
Contact:
|
|
Investor
Inquiries:
|
Hilarie
Grey
|
|
Sherry
Wilson
|
email:
mediarelations@allegiantair.com
|
|
email:
ir@allegiantair.com
|
View original content to download
multimedia:http://www.prnewswire.com/news-releases/allegiant-travel-company-announces-offering-of-common-stock-301284937.html
SOURCE Allegiant Travel Company