11/01/2024 | Press release | Distributed by Public on 11/01/2024 15:05
ITEM 1.01 |
Entry into a Material Definitive Agreement. |
On October 31, 2024, American Airlines Group Inc. (the "Company") entered into Amendment No. 1 (the "Amendment") to that certain Tax Benefit Preservation Plan, dated as of December 21, 2021 (the "Plan"), by and between the Company and American Stock Transfer & Trust Company, LLC (now known as Equiniti Trust Company, LLC), as rights agent.
The Amendment extends the expiration date of the Plan from December 20, 2024 to October 29, 2027 (subject to other earlier termination events, including if stockholder approval of the Amendment has not been obtained by October 29, 2025).
The Plan is described in and included as an exhibit to the Company's Current Report on Form 8-Kdated December 22, 2021. The foregoing description of the Amendment is qualified in its entirety by reference to the full text of the Amendment, attached hereto as Exhibit 4.1 and incorporated herein by reference.