STOCK RADAR
Detected
SNCYNasdaq Trader

Sun Country Airlines Holdings, Inc. merger closes with trading suspension set for May 14, 2026

Strategic TransactionneutralImpact85

SNCY Price

Stored market data
$16.17$0.00 (0.00%)
$17.08$16.29$15.50Previous close8:00 PM8:00 PM8:00 PM8:00 PM8:00 PMVolume
Previous close $16.17Latest volume 0

Why It Matters

Current SNCY holders are forcibly converted, lose SNCY liquidity, and will receive ALGT shares (and cash), which materially increases ALGT’s outstanding shares and changes ownership and liquidity profiles.

Summary

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The merger closed May 13, 2026; SNCY ceased trading May 12 and will be suspended May 14. Each SNCY share converts into $4.10 cash plus 0.1557 of an ALGT share, removing SNCY tradability and replacing it with ALGT exposure and cash.

Score85

Score Rationale

neutral

Delisting and forced conversion plus material ALGT share issuance significantly change tradability and dilution.

Bullish

  • Shareholders receive immediate cash plus publicly traded ALGT stock.
  • Transaction provides a definitive liquidity event and exit for SNCY holders.
  • New ALGT holders gain exposure to a larger combined airline business.

Bearish

  • SNCY stock is delisted and no longer tradable, removing direct liquidity.
  • ALGT will issue a material number of shares, diluting existing ALGT holders.
  • Fractional-share treatment or cash‑in‑lieu may reduce value for small holders.

Key Evidence

  • Merger consideration: $4.10 cash and 0.1557 ALGT per SNCY share.
  • Last trading date listed as May 12, 2026; merger closed May 13, 2026.
  • Suspension effective date for SNCY: May 14, 2026 (exchange notice).
  • SNCY shares outstanding per market data: 54,196,454 (used to estimate issuance).

What To Watch Next

  1. Record/settlement date and actual consideration payment timing.
  2. How fractional ALGT shares are handled (cash‑in‑lieu policy).
  3. Official post-close ALGT outstanding share count and filings.
  4. Tax character of cash and stock consideration and broker statements.
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Airlines, Airports & Air Services Market Context

SectorIndustrials+0.38%
IndustryAirlines, Airports & Air Services
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Original Article

At a special meeting held on May 8, 2026, the shareholders of Sun Country Airlines Holdings Inc. (SNCY) approved the proposed merger with and into Allegiant Travel Co (ALGT). The merger closed prior to the market open today, May 13, 2026. In anticipation of the closing, the stock was halted immediately following the after-hours session at or around 7:50 p.m. on May 12, 2026. The stock will remain halted on the day of closing (May 13th) and will be suspended effective May 14, 2026. The details are as follows:

Company Name/Issue: Sun Country Airlines Holdings, Inc. Common Stock
CUSIP#: 866683105
Symbol: SNCY
Last Trading Date: May 12, 2026
Marketplace Effective Date for Suspension: May 14, 2026
Merger Consideration: $4.10 & .1557 of a share of ALGT for each share held.