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AZUL SA
American Airlines has exercised all of its subscription warrants in Azul, resulting in the issuance of 31,838,775 common shares, with total capital raised from all exercised warrants reaching 512,811,716.28 BRL. Following this transaction, Jeff Ogar has joined the Board of Directors and Strategy Committee, while John Peter Rodgerson has resigned from the board but remains as CEO. Azul now has 400,829,250 common shares outstanding.…more
AZUL SA
Final prospectus filed (supplement format).
AZUL SA
Azul S.A. announced that the Administrative Council for Economic Defense (CADE) has unanimously approved a $100 million investment by American Airlines. The investment will be executed through the exercise of subscription warrants, resulting in American Airlines holding approximately 8% of Azul's total and voting capital.…more
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