Current Report Filing (8-k)
October 07 2022 - 08:38AM
Edgar (US Regulatory)
0001362468falseLas
VegasNV00013624682022-10-072022-10-07
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
_____________________________________________
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
October 7, 2022
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Allegiant Travel Company |
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(Exact name of registrant as specified in its charter) |
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Nevada |
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001-33166 |
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20-4745737 |
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(State or other jurisdiction of incorporation) |
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(Commission File Number) |
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(I.R.S. Employer Identification No.) |
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1201 North Town Center Drive |
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Las Vegas, NV
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89144 |
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(Address of principal executive offices) |
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(Zip Code) |
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Registrant’s telephone number, including area
code: (702)
851-7300
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N/A |
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(Former name or former address, if changed since last
report.) |
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Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions:
☐ Written
communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
☐ Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
☐ Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR 240.14d-2(b))
☐ Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17
CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the
Act:
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Title of each class |
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Trading Symbol |
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Name of each exchange on which registered |
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Common stock, par value $0.001
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ALGT
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NASDAQ Stock Market
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Indicate by check mark whether the registrant is an emerging growth
company as in Rule 405 of the Securities Act of 1933 (Section 17
CFR §230.405 of this chapter) or Rule 12b-2 of the Securities
Exchange Act of 1934 (Section 17 CFR §240.12b-2 of this
chapter).
Emerging growth company
☐
If an emerging growth company, indicate by check mark if the
registrant has elected not to use the extended transition period
for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange
Act.
☐
Section 7 Regulation FD
Item 7.01 Regulation FD
Allegiant Travel Company (the “Company”) is issuing this Form 8-K
to disclose the current status of the construction of the Sunseeker
Resort – Charlotte Harbor (the “Resort”) in light of Hurricane
Ian’s destructive path through Florida and Charlotte County, in
particular, at the end of September. While access to the site has
been limited since the storm and power was out for a period of
time, it appears that the Resort was protected to a significant
degree by the construction design to have structures built 16 feet
above the mean high tide line and by the Company’s decision to
install a seawall along the length of the Resort’s boundary with
Charlotte Harbor.
The Company has begun and will continue to evaluate damage caused
by the Hurricane and has engaged outside specialists, including
structural engineers, to evaluate the damage and advise as to the
course of action to assure the safe completion of the Resort. The
Company maintains robust insurance coverage against damage from
hurricanes and will be pursuing claims to recover
losses.
The Resort was previously selling rooms for as early as May 2023.
Realizing there will be some delays caused by the Hurricane, the
Resort has now pushed back the selling date to September 2023. As
the extent of the damage is not yet known nor can the Company
predict how quickly resources will be available to complete the
construction, it is too early to tell whether the delays will be
longer or shorter. The Company intends to update investors from
time to time as it gains more information about the damage incurred
and the time needed to complete the Resort.
The information in this Section 7 of this Current Report on Form
8-K is furnished pursuant to Item 7.01 of Form 8-K and shall not be
deemed to be “filed” for the purposes of Section 18 of the
Securities Exchange Act of 1934 or otherwise subject to the
liabilities of that Section. As such, this information shall not be
incorporated by reference into any of the Company's reports or
other filings made with the Securities and Exchange Commission (the
“SEC”).
Forward-Looking Statements: Under the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995, statements in
this Form 8-K that are not historical facts are forward-looking
statements. These statements are based on management's beliefs and
assumptions and on information currently available to the Company’s
management. Any forward-looking statements are based on information
available to the Company today and the Company undertakes no
obligation to update publicly any forward-looking statements,
whether as a result of future events, new information or
otherwise.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of
1934, Allegiant Travel Company has duly caused this Report to be
signed on its behalf by the undersigned hereunto duly
authorized.
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Date: October 7, 2022 |
ALLEGIANT TRAVEL COMPANY |
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By: |
/s/ Gregory C. Anderson |
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Name: |
Gregory C. Anderson |
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Title: |
President and Chief Financial Officer |
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Allegiant Travel (NASDAQ:ALGT)
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