Company: SPR
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001364885-25-000011
Chunk: 67

Company: Spirit AeroSystems Holdings, Inc.
Filing Date: 2025-10-31
Form: 10-Q
Item: Part I, Item 1
Chunk 67
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 Spirit Malaysia and (ii) the United States Federal Trade Commission, in each case, in their review of the transactions contemplated by the June 30, 2024 merger agreement between Spirit AeroSystems Holdings, Inc. and Boeing and the ancillary agreements in connection therewith (the “Purchaser Approval Condition”). The Malaysia Closing is also subject to certain customary closing conditions, including (a) the expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, and, if applicable, the receipt of other specified governmental approvals necessary for the consummation of the Transaction (the “Regulatory Condition”), (b) the absence of any law or order issued by a governmental entity that prohibits the Malaysia Closing (a “Closing Legal Impediment”), (c) subject to qualifications as to materiality, the accuracy of the representations and warranties made by Spirit and CTRM, respectively, (d) the performance in all material respects by each Spirit and CTRM of their respective obligations under the Agreement (subject to specified exceptions) and (e) the approval by the shareholders of Parent of CTRM’s and Parent’s entering into, and performing their respective obligations under, the Agreement and other specified transaction documents and consummating the transactions contemplated by the Agreement and such other transaction documents (the “Parent Shareholder Approval”).The Agreement contains customary representations, warranties and covenants related to Spirit Malaysia, Spirit and CTRM. Between the date of the Agreement and the Malaysia Closing, subject to specified exceptions, Spirit has agreed to cause Spirit Malaysia to (a) use commercially reasonable efforts to operate the Spirit Malaysia’s business in the ordinary course of business in all material respects, and (b) not to take specified actions with respect to the business of Spirit Malaysia without the written consent of CTRM.The Agreement includes termination provisions in favor of Spirit and CTRM, including that (a) either Spirit or CTRM may terminate the Agreement if the Transaction has not been consummated by December 31, 2025, subject to one automatic 90-day extension if, on such date, all of the closing conditions except the Regulatory Condition have been satisfied (or are capable of being satisfied) or waived (such date, as so extended (if applicable), the “Outside Date”), (b) Spirit may terminate the Agreement if the Parent Shareholder Approval is not obtained at the meeting of Parent shareholders at which the applicable matters relating to the Transaction have been voted