# EDGAR Filing Document

**Accession Number:** 0001498710
**File Stem:** 0001104659-25-077607
**Filing Date:** 2025-8
**Character Count:** 46978
**Document Hash:** 7164f1b7bfb8bb9c2dc22169806f8486
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-25-077607.hdr.sgml**: 20250813

**ACCESSION NUMBER**: 0001104659-25-077607

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13G

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20250813

**DATE AS OF CHANGE**: 20250813

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Spirit Aviation Holdings, Inc.
- **CENTRAL INDEX KEY:** 0001498710
- **STANDARD INDUSTRIAL CLASSIFICATION:** AIR TRANSPORTATION, SCHEDULED [4512]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 333711797
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13G
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-86262
- **FILM NUMBER:** 251212212

**BUSINESS ADDRESS:**
- **STREET 1:** 1731 RADIANT DRIVE
- **CITY:** DANIA BEACH
- **STATE:** FL
- **ZIP:** 33004
- **BUSINESS PHONE:** 954-447-7920

**MAIL ADDRESS:**
- **STREET 1:** 1731 RADIANT DRIVE
- **CITY:** DANIA BEACH
- **STATE:** FL
- **ZIP:** 33004

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Spirit Airlines, Inc.
- **DATE OF NAME CHANGE:** 20100811
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ARES MANAGEMENT LLC
- **CENTRAL INDEX KEY:** 0001259313

**ORGANIZATION NAME:**
- **EIN:** 010605583
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13G

**BUSINESS ADDRESS:**
- **STREET 1:** 1800 AVENUE OF THE STARS
- **STREET 2:** SUITE 1400
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90067
- **BUSINESS PHONE:** 310-201-4100

**MAIL ADDRESS:**
- **STREET 1:** 1800 AVENUE OF THE STARS
- **STREET 2:** SUITE 1400
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90067

## Ex-99

**Exhibit 99**

**JOINT FILING AGREEMENT**

In accordance with Rule 13d-1(k)(1) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree that they are jointly filing this statement on Schedule 13G. Each of them is responsible for the timely filing of such statement and any amendments thereto, and for the completeness and accuracy of the information concerning such person contained therein; but none of them is responsible for the completeness or accuracy of the information concerning the other persons making the filing, unless such person knows or has reason to believe that such information is inaccurate.

IN WITNESS WHEREOF, the undersigned hereby execute this Joint Filing Agreement as of the 13th day of August 2025.

---

| | |
|:---|:---|
| **Ares Management LLC** | **Ares Management LLC** |
| By: | /s/ Anton Feingold |
| Name: | Anton Feingold |
| Title: | Authorized Signatory |
| **Ares Global Multi-Asset Credit Master Fund, L.P.** | **Ares Global Multi-Asset Credit Master Fund, L.P.** |
| By: Ares Capital Management III LLC, its manager | By: Ares Capital Management III LLC, its manager |
| By: | /s/ Evan Hoole |
| Name: | Evan Hoole |
| Title: | Authorized Signatory |
| **Ares Multi-Asset Credit Strategies Fund LP** | **Ares Multi-Asset Credit Strategies Fund LP** |
| By: | Ares Capital Management III LLC, its manager |
| By: | /s/ Evan Hoole |
| Name: | Evan Hoole |
| Title: | Authorized Signatory |
| **Ares Multi-Credit Fund (IL), LP** | **Ares Multi-Credit Fund (IL), LP** |
| By: Ares Capital Management III LLC, its manager | By: Ares Capital Management III LLC, its manager |
| By: | /s/ Evan Hoole |
| Name: | Evan Hoole |
| Title: | Authorized Signatory |

---

---

| | |
|:---|:---|
| **Ares Capital Management III LLC** | **Ares Capital Management III LLC** |
| By: | /s/ Evan Hoole |
| Name: | Evan Hoole |
| Title: | Authorized Signatory |
| **Ares High Yield Strategies Fund IV Management, L.P.** | **Ares High Yield Strategies Fund IV Management, L.P.** |
| By: | /s/ Evan Hoole |
| Name: | Evan Hoole |
| Title: | Authorized Signatory |
| **Ares High Yield Strategies Fund IV GP, LLC** | **Ares High Yield Strategies Fund IV GP, LLC** |
| By: | /s/ Evan Hoole |
| Name: | Evan Hoole |
| Title: | Authorized Signatory |
| **Ares Private Account Management I, L.P.** | **Ares Private Account Management I, L.P.** |
| By: | /s/ Evan Hoole |
| Name: | Evan Hoole |
| Title: | Authorized Signatory |
| **Ares Private Account Management I GP, LLC** | **Ares Private Account Management I GP, LLC** |
| By: | /s/ Evan Hoole |
| Name: | Evan Hoole |
| Title: | Authorized Signatory |
| **Ares Enhanced Loan Investment Strategy Advisor IV, L.P.** | **Ares Enhanced Loan Investment Strategy Advisor IV, L.P.** |
| By: | /s/ Evan Hoole |
| Name: | Evan Hoole |
| Title: | Authorized Signatory |
| **Ares Enhanced Loan Investment Strategy Advisor IV GP, LLC** | **Ares Enhanced Loan Investment Strategy Advisor IV GP, LLC** |
| By: | /s/ Evan Hoole |
| Name: | Evan Hoole |
| Title: | Authorized Signatory |

---

---

| | |
|:---|:---|
| **Ares Capital Management II LLC** | **Ares Capital Management II LLC** |
| By: | /s/ Evan Hoole |
| Name: | Evan Hoole |
| Title: | Authorized Signatory |
| **Ares Management Holdings L.P.** | **Ares Management Holdings L.P.** |
| By: | Ares Holdco LLC, its general partner |
| By: | /s/ Anton Feingold |
| Name: | Anton Feingold |
| Title: | Authorized Signatory |
| **Ares Holdco LLC** | **Ares Holdco LLC** |
| By: | /s/ Anton Feingold |
| Name: | Anton Feingold |
| Title: | Authorized Signatory |
| **Ares Management Corporation** | **Ares Management Corporation** |
| By: | /s/ Anton Feingold |
| Name: | Anton Feingold |
| Title: | Authorized Signatory |
| **Ares Voting LLC** | **Ares Voting LLC** |
| By: | Ares Partners Holdco LLC, its sole member |
| By: | /s/ Anton Feingold |
| Name: | Anton Feingold |
| Title: | Authorized Signatory |
| **Ares Management GP LLC** | **Ares Management GP LLC** |
| By: | /s/ Anton Feingold |
| Name: | Anton Feingold |
| Title: | Authorized Signatory |
| **Ares Partners Holdco LLC** | **Ares Partners Holdco LLC** |
| By: | /s/ Anton Feingold |
| Name: | Anton Feingold |
| Title: | Authorized Signatory |

---

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13G

### Under the Securities Exchange Act of 1934

**Issuer:** Spirit Aviation Holdings, Inc.

**Title of Class of Securities:** Common Stock, $0.0001 par value

**CUSIP Number:** 84863V101

**Date of Event Which Requires Filing of this Statement:** 06/30/2025

**Check the appropriate box to designate the rule pursuant to which this Schedule is filed:**

- [ ] Rule 13d-1(b)

- [ ] Rule 13d-1(c)

- [x] Rule 13d-1(d)

---

| 1. | Names of Reporting Persons<br>Ares Management LLC | Names of Reporting Persons<br>Ares Management LLC |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>DE | Citizenship or Place of Organization<br>DE |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>1986675.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>1986675.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>1986675.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>1986675.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>7.5% | Percent of Class Represented by Amount in Row (9)<br>7.5% |
| 12. | Type of Reporting Person (See Instructions)<br>OO | Type of Reporting Person (See Instructions)<br>OO |

**Comment for Type of Reporting Person:** Limited Liability Company

---

| 1. | Names of Reporting Persons<br>Ares Global Multi-Asset Credit Master Fund, L.P. | Names of Reporting Persons<br>Ares Global Multi-Asset Credit Master Fund, L.P. |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>DE | Citizenship or Place of Organization<br>DE |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>444256.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>444256.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>444256.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>444256.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>1.7% | Percent of Class Represented by Amount in Row (9)<br>1.7% |
| 12. | Type of Reporting Person (See Instructions)<br>PN | Type of Reporting Person (See Instructions)<br>PN |

---

| 1. | Names of Reporting Persons<br>Ares Multi-Asset Credit Strategies Fund LP | Names of Reporting Persons<br>Ares Multi-Asset Credit Strategies Fund LP |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>E9 | Citizenship or Place of Organization<br>E9 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>58963.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>58963.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>58963.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>58963.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>0.2% | Percent of Class Represented by Amount in Row (9)<br>0.2% |
| 12. | Type of Reporting Person (See Instructions)<br>PN | Type of Reporting Person (See Instructions)<br>PN |

---

| 1. | Names of Reporting Persons<br>Ares Multi-Credit Fund (IL), LP | Names of Reporting Persons<br>Ares Multi-Credit Fund (IL), LP |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>DE | Citizenship or Place of Organization<br>DE |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>66645.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>66645.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>66645.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>66645.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>0.3% | Percent of Class Represented by Amount in Row (9)<br>0.3% |
| 12. | Type of Reporting Person (See Instructions)<br>PN | Type of Reporting Person (See Instructions)<br>PN |

---

| 1. | Names of Reporting Persons<br>Ares Capital Management III LLC | Names of Reporting Persons<br>Ares Capital Management III LLC |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>DE | Citizenship or Place of Organization<br>DE |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>710193.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>710193.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>710193.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>710193.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>2.7% | Percent of Class Represented by Amount in Row (9)<br>2.7% |
| 12. | Type of Reporting Person (See Instructions)<br>OO | Type of Reporting Person (See Instructions)<br>OO |

**Comment for Type of Reporting Person:** Limited Liability Company

---

| 1. | Names of Reporting Persons<br>Ares High Yield Strategies Fund IV Management, L.P. | Names of Reporting Persons<br>Ares High Yield Strategies Fund IV Management, L.P. |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>DE | Citizenship or Place of Organization<br>DE |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>161788.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>161788.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>161788.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>161788.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>0.6% | Percent of Class Represented by Amount in Row (9)<br>0.6% |
| 12. | Type of Reporting Person (See Instructions)<br>PN | Type of Reporting Person (See Instructions)<br>PN |

---

| 1. | Names of Reporting Persons<br>Ares High Yield Strategies Fund IV GP, LLC | Names of Reporting Persons<br>Ares High Yield Strategies Fund IV GP, LLC |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>DE | Citizenship or Place of Organization<br>DE |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>161788.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>161788.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>161788.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>161788.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>0.6% | Percent of Class Represented by Amount in Row (9)<br>0.6% |
| 12. | Type of Reporting Person (See Instructions)<br>OO | Type of Reporting Person (See Instructions)<br>OO |

**Comment for Type of Reporting Person:** Limited Liability Company

---

| 1. | Names of Reporting Persons<br>Ares Private Account Management I, L.P. | Names of Reporting Persons<br>Ares Private Account Management I, L.P. |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>DE | Citizenship or Place of Organization<br>DE |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>266577.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>266577.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>266577.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>266577.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>1.0% | Percent of Class Represented by Amount in Row (9)<br>1.0% |
| 12. | Type of Reporting Person (See Instructions)<br>PN | Type of Reporting Person (See Instructions)<br>PN |

---

| 1. | Names of Reporting Persons<br>Ares Private Account Management I GP, LLC | Names of Reporting Persons<br>Ares Private Account Management I GP, LLC |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>DE | Citizenship or Place of Organization<br>DE |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>266577.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>266577.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>266577.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>266577.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>1.0% | Percent of Class Represented by Amount in Row (9)<br>1.0% |
| 12. | Type of Reporting Person (See Instructions)<br>OO | Type of Reporting Person (See Instructions)<br>OO |

**Comment for Type of Reporting Person:** Limited Liability Company

---

| 1. | Names of Reporting Persons<br>Ares Enhanced Loan Investment Strategy Advisor IV, L.P. | Names of Reporting Persons<br>Ares Enhanced Loan Investment Strategy Advisor IV, L.P. |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>DE | Citizenship or Place of Organization<br>DE |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>347093.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>347093.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>347093.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>347093.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>1.3% | Percent of Class Represented by Amount in Row (9)<br>1.3% |
| 12. | Type of Reporting Person (See Instructions)<br>PN | Type of Reporting Person (See Instructions)<br>PN |

---

| 1. | Names of Reporting Persons<br>Ares Enhanced Loan Investment Strategy Advisor IV GP, LLC | Names of Reporting Persons<br>Ares Enhanced Loan Investment Strategy Advisor IV GP, LLC |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>DE | Citizenship or Place of Organization<br>DE |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>347093.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>347093.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>347093.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>347093.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>1.3% | Percent of Class Represented by Amount in Row (9)<br>1.3% |
| 12. | Type of Reporting Person (See Instructions)<br>OO | Type of Reporting Person (See Instructions)<br>OO |

**Comment for Type of Reporting Person:** Limited Liability Company

---

| 1. | Names of Reporting Persons<br>Ares Capital Management II LLC | Names of Reporting Persons<br>Ares Capital Management II LLC |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>DE | Citizenship or Place of Organization<br>DE |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>485963.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>485963.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>485963.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>485963.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>1.9% | Percent of Class Represented by Amount in Row (9)<br>1.9% |
| 12. | Type of Reporting Person (See Instructions)<br>OO | Type of Reporting Person (See Instructions)<br>OO |

**Comment for Type of Reporting Person:** Limited Liability Company

---

| 1. | Names of Reporting Persons<br>Ares Management Holdings L.P. | Names of Reporting Persons<br>Ares Management Holdings L.P. |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>DE | Citizenship or Place of Organization<br>DE |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>1986675.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>1986675.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>1986675.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>1986675.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>7.5% | Percent of Class Represented by Amount in Row (9)<br>7.5% |
| 12. | Type of Reporting Person (See Instructions)<br>PN | Type of Reporting Person (See Instructions)<br>PN |

---

| 1. | Names of Reporting Persons<br>Ares Holdco LLC | Names of Reporting Persons<br>Ares Holdco LLC |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>DE | Citizenship or Place of Organization<br>DE |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>1986675.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>1986675.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>1986675.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>1986675.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>7.5% | Percent of Class Represented by Amount in Row (9)<br>7.5% |
| 12. | Type of Reporting Person (See Instructions)<br>OO | Type of Reporting Person (See Instructions)<br>OO |

**Comment for Type of Reporting Person:** Limited Liability Company

---

| 1. | Names of Reporting Persons<br>Ares Management Corporation | Names of Reporting Persons<br>Ares Management Corporation |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>DE | Citizenship or Place of Organization<br>DE |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>1986675.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>1986675.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>1986675.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>1986675.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>7.5% | Percent of Class Represented by Amount in Row (9)<br>7.5% |
| 12. | Type of Reporting Person (See Instructions)<br>CO | Type of Reporting Person (See Instructions)<br>CO |

---

| 1. | Names of Reporting Persons<br>Ares Management GP LLC | Names of Reporting Persons<br>Ares Management GP LLC |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>DE | Citizenship or Place of Organization<br>DE |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>1986675.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>1986675.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>1986675.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>1986675.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>7.5% | Percent of Class Represented by Amount in Row (9)<br>7.5% |
| 12. | Type of Reporting Person (See Instructions)<br>OO | Type of Reporting Person (See Instructions)<br>OO |

**Comment for Type of Reporting Person:** Limited Liability Company

---

| 1. | Names of Reporting Persons<br>Ares Voting LLC | Names of Reporting Persons<br>Ares Voting LLC |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>DE | Citizenship or Place of Organization<br>DE |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>1986675.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>1986675.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>1986675.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>1986675.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>7.5% | Percent of Class Represented by Amount in Row (9)<br>7.5% |
| 12. | Type of Reporting Person (See Instructions)<br>OO | Type of Reporting Person (See Instructions)<br>OO |

**Comment for Type of Reporting Person:** Limited Liability Company

---

| 1. | Names of Reporting Persons<br>Ares Partners Holdco LLC | Names of Reporting Persons<br>Ares Partners Holdco LLC |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>DE | Citizenship or Place of Organization<br>DE |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>1986675.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>1986675.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>1986675.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>1986675.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>7.5% | Percent of Class Represented by Amount in Row (9)<br>7.5% |
| 12. | Type of Reporting Person (See Instructions)<br>OO | Type of Reporting Person (See Instructions)<br>OO |

**Comment for Type of Reporting Person:** Limited Liability Company

---

**Item 1(a). Name of Issuer:**
Spirit Aviation Holdings, Inc.

**Item 1(b). Address of Issuer's Principal Executive Offices:**
1731 Radiant Drive, Dania Beach, FL, 33004

**Item 2(a). Name of Person Filing:**
Each of the following is hereinafter individually referred to as a "Reporting Person" and collectively as the "Reporting Persons" or the "Ares Entities."  This statement is filed on behalf of:

Ares Management LLC
Ares Global Multi-Asset Credit Master Fund, L.P.
Ares Multi-Asset Credit Strategies Fund LP
Ares Multi-Credit Fund (IL), LP
Ares Capital Management III LLC
Ares High Yield Strategies Fund IV Management, L.P.
Ares High Yield Strategies Fund IV GP, LLC
Ares Private Account Management I, L.P.
Ares Private Account Management I GP, LLC
Ares Enhanced Loan Investment Strategy Advisor IV, L.P.
Ares Enhanced Loan Investment Strategy Advisor IV GP, LLC
Ares Capital Management II LLC
Ares Management Holdings L.P.
Ares Holdco LLC
Ares Management Corporation ("Ares Management")
Ares Management GP LLC
Ares Voting LLC
Ares Partners Holdco LLC ("Ares Partners")

**Item 2(b). Address of Principal Business Office:**
The principal business address of each of the Reporting Persons is c/o Ares Management LLC, 1800 Avenue of the Stars, Suite 1400, Los Angeles, CA 90067.

**Item 2(c). Citizenship:**
Ares Multi-Asset Credit Strategies Fund LP is organized under the laws of the Cayman Islands. The remaining Reporting Persons are each organized under the laws of the State of Delaware.

**Item 2(d). Title of Class of Securities:**
Common Stock, $0.0001 par value

**Item 2(e). CUSIP Number:**
84863V101

**Item 3. If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:**

(a) [ ] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

(b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

(c) [ ] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).

(d) [ ] Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).

(e) [ ] An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);

(f) [ ] An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);

(g) [ ] A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);

(h) [ ] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(i) [ ] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

(j) [ ] A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), if filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:

(k) [ ] Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).

**Item 4. Ownership:**

**(a) Amount beneficially owned:**

The information contained on the cover pages to this Schedule 13G is incorporated by reference into this Item 4.
The ownership information presented herein represents beneficial ownership of the shares of Common Stock as of June 30, 2025, based upon 25,878,921 shares of Common Stock outstanding as of June 30, 2025, as disclosed in the Issuer's Prospectus, filed with the Securities and Exchange Commission on July 18, 2025.
The securities reported herein include: (i) 396,485 shares of Common Stock and 47,771 shares of Common Stock underlying warrants held of record by Ares Global Multi-Asset Credit Master Fund, L.P.; (ii) 4,368 shares of Common Stock and 54,595 shares of Common Stock underlying warrants held of record by Ares Multi-Asset Credit Strategies Fund LP; (iii) 59,479 shares of Common Stock and 7,166 shares of Common Stock underlying warrants held of record by Ares Multi-Credit Fund (IL), LP; (iv) 125,239 shares of Common Stock and 15,090 shares of Common Stock underlying warrants held by accounts managed or advised by Ares Capital Management III LLC; (v) 144,391 shares of Common Stock and 17,397 shares of Common Stock underlying warrants held by an account managed by Ares High Yield Strategies Fund IV Management, L.P.; (vi) 237,912 shares of Common Stock and 28,665 shares of Common Stock underlying warrants held by an account managed by Ares Private Account Management I, L.P.; (vii) 25,711 shares of Common Stock and 321,382 shares of Common Stock underlying warrants held by accounts managed by Ares Enhanced Loan Investment Strategy Advisor IV, L.P.; (viii) 371,316 shares of Common Stock and 114,647 shares of Common Stock underlying warrants held by accounts managed or advised by Ares Capital Management II LLC, and (ix) 13,442 shares of Common Stock and 1,619 shares of Common Stock underlying warrants held by an account managed by Ares Management LLC. The Ares Entities may be deemed to have shared voting or dispositive power of the various accounts managed or advised by the foregoing entities.
The warrants are subject to the 9.9% limitation. Currently, all the warrants held by the Reporting Persons are exercisable.
Ares Partners is the sole member of each of Ares Voting LLC and Ares Management GP LLC, which are respectively the holders of the Class B and Class C Common Stock of Ares Management, which Common Stock allows them, collectively, to generally have the majority of the votes on any matter submitted to the stockholders of Ares Management if certain conditions are met. Ares Management is the sole member of Ares Holdco LLC, which is the general partner of Ares Management Holdings L.P., which is the sole member of Ares Management LLC, which is the sole member of (i) Ares Capital Management III LLC, which is the manager of each of Ares Global Multi-Asset Credit Master Fund, L.P., Ares Multi-Asset Credit Strategies Fund LP and Ares Multi-Credit Fund (IL), LP, (ii) Ares High Yield Strategies Fund IV GP, LLC, which is the general partner of Ares High Yield Strategies Fund IV Management, L.P, (iii) Ares Private Account Management I GP, LLC, which is the general partner of Ares Private Account Management I, L.P., (iv) Ares Enhanced Loan Investment Strategy Advisor IV GP, LLC, which is the general partner of Ares Enhanced Loan Investment Strategy Advisor IV, L.P., and (v) Ares Capital Management II LLC.
Ares Partners is managed by a board of managers, which is composed of Michael J Arougheti, R. Kipp deVeer, David B. Kaplan, Antony P. Ressler and Bennett Rosenthal (collectively, the "Ares Board Members"). Mr. Ressler generally has veto authority over the Ares Board Members' decisions. Each of these individuals disclaims beneficial ownership of the securities that may be deemed to be beneficially owned by Ares Partners.

**(b) Percent of class:**

See Item 11 of each of the cover pages hereto.

**(c) Number of shares as to which the person has:**

**(i) Sole power to vote or to direct the vote:**

See Item 5 of each of the cover pages hereto.

**(ii) Shared power to vote or to direct the vote:**

See Item 6 of each of the cover pages hereto.

**(iii) Sole power to dispose or to direct the disposition of:**

See Item 7 of each of the cover pages hereto.

**(iv) Shared power to dispose or to direct the disposition of:**

See Item 8 of each of the cover pages hereto.

**Item 5. Ownership of Five Percent or Less of a Class.**

[x] If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following.

**Item 6. Ownership of More than 5 Percent on Behalf of Another Person.**

Not Applicable

**Item 7. Identification and Classification of the Subsidiary**

Not Applicable

**Item 8. Identification and Classification of Members of the Group**

Not Applicable

**Item 9. Notice of Dissolution of Group**

Not Applicable

**Item 10. Certification:**

—

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Ares Management LLC**

**Date:** 08/13/2025

**By:** /s/ Anton Feingold

**Name & Title:** Anton Feingold, Authorized Signatory

**Ares Global Multi-Asset Credit Master Fund, L.P.**

**Date:** 08/13/2025

**By:** By: Ares Capital Management III LLC, its manager, /s/ Evan Hoole

**Name & Title:** Evan Hoole, Authorized Signatory

**Ares Multi-Asset Credit Strategies Fund LP**

**Date:** 08/13/2025

**By:** By: Ares Capital Management III LLC, its manager, /s/ Evan Hoole

**Name & Title:** Evan Hoole, Authorized Signatory

**Ares Multi-Credit Fund (IL), LP**

**Date:** 08/13/2025

**By:** By: Ares Capital Management III LLC, its manager, /s/ Evan Hoole

**Name & Title:** Evan Hoole, Authorized Signatory

**Ares Capital Management III LLC**

**Date:** 08/13/2025

**By:** /s/ Evan Hoole

**Name & Title:** Evan Hoole, Authorized Signatory

**Ares High Yield Strategies Fund IV Management, L.P.**

**Date:** 08/13/2025

**By:** /s/ Evan Hoole

**Name & Title:** Evan Hoole, Authorized Signatory

**Ares High Yield Strategies Fund IV GP, LLC**

**Date:** 08/13/2025

**By:** /s/ Evan Hoole

**Name & Title:** Evan Hoole, Authorized Signatory

**Ares Private Account Management I, L.P.**

**Date:** 08/13/2025

**By:** /s/ Evan Hoole

**Name & Title:** Evan Hoole, Authorized Signatory

**Ares Private Account Management I GP, LLC**

**Date:** 08/13/2025

**By:** /s/ Evan Hoole

**Name & Title:** Evan Hoole, Authorized Signatory

**Ares Enhanced Loan Investment Strategy Advisor IV, L.P.**

**Date:** 08/13/2025

**By:** /s/ Evan Hoole

**Name & Title:** Evan Hoole, Authorized Signatory

**Ares Enhanced Loan Investment Strategy Advisor IV GP, LLC**

**Date:** 08/13/2025

**By:** /s/ Evan Hoole

**Name & Title:** Evan Hoole, Authorized Signatory

**Ares Capital Management II LLC**

**Date:** 08/13/2025

**By:** /s/ Evan Hoole

**Name & Title:** Evan Hoole, Authorized Signatory

**Ares Management Holdings L.P.**

**Date:** 08/13/2025

**By:** By: Ares Holdco LLC, its general partner, By: /s/ Anton Feingold

**Name & Title:** Anton Feingold, Authorized Signatory

**Ares Holdco LLC**

**Date:** 08/13/2025

**By:** /s/ Anton Feingold

**Name & Title:** Anton Feingold, Authorized Signatory

**Ares Management Corporation**

**Date:** 08/13/2025

**By:** /s/ Anton Feingold

**Name & Title:** Anton Feingold, Authorized Signatory

**Ares Management GP LLC**

**Date:** 08/13/2025

**By:** /s/ Anton Feingold

**Name & Title:** Anton Feingold, Authorized Signatory

**Ares Voting LLC**

**Date:** 08/13/2025

**By:** By: Ares Partners Holdco LLC, its sole member, By: /s/ Anton Feingold

**Name & Title:** Anton Feingold, Authorized Signatory

**Ares Partners Holdco LLC**

**Date:** 08/13/2025

**By:** /s/ Anton Feingold

**Name & Title:** Anton Feingold, Authorized Signatory