# EDGAR Filing Document

**Accession Number:** 0001432364
**File Stem:** 0001292814-26-000100
**Filing Date:** 2026-1
**Character Count:** 7538
**Document Hash:** 65ca69d1ddb087b1129293bd4fa73f47
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001292814-26-000100.hdr.sgml**: 20260113

**ACCESSION NUMBER**: 0001292814-26-000100

**CONFORMED SUBMISSION TYPE**: 6-K

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260113

**DATE AS OF CHANGE**: 20260113

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AZUL SA
- **CENTRAL INDEX KEY:** 0001432364
- **STANDARD INDUSTRIAL CLASSIFICATION:** AIR TRANSPORTATION, SCHEDULED [4512]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 000000000
- **STATE OF INCORPORATION:** D5
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 6-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-38049
- **FILM NUMBER:** 26530652

**BUSINESS ADDRESS:**
- **STREET 1:** AV. MARCOS PENTEADO ULHOA RODRIGUES
- **STREET 2:** NO. 939, 9 FLOOR, ED. JATOBA
- **CITY:** BARUERI
- **STATE:** D5
- **ZIP:** 06460-040
- **BUSINESS PHONE:** 55 11 4831 2880

**MAIL ADDRESS:**
- **STREET 1:** AV. MARCOS PENTEADO ULHOA RODRIGUES
- **STREET 2:** NO. 939, 9 FLOOR, ED. JATOBA
- **CITY:** BARUERI
- **STATE:** D5
- **ZIP:** 06460-040

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SALEB II PARTICIPACOES SA
- **DATE OF NAME CHANGE:** 20080415

**UNITED STATES SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 6-K**

**REPORT OF FOREIGN PRIVATE ISSUER**

**PURSUANT TO RULE 13a-16 OR 15d-16 UNDER**

**THE SECURITIES EXCHANGE ACT OF 1934**

**For the month of January, 2026**

**Commission File Number: 001-38049**

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**Azul S.A.**

(Name of Registrant)

**Edifício Jatobá, 8th floor, Castelo Branco Office Park** 

**Avenida Marcos Penteado de Ulhôa Rodrigues, 939** 

**Tamboré, Barueri, São Paulo, SP 06460-040, Brazil.** 

**+55 (11) 4831 2880** 

(Address of Principal Executive Office)

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Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ⌧ Form 40-F ◻

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

Yes ◻ No ⌧

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

Yes ◻ No ⌧

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| | |
|:---|:---|
| ![](azull202601136k_001.jpg) | Material Fact and Notice to the Market<br> **January \| 2026** |

---

**Exercise Requests of Subscription Warrants Issued in the Context of the Public Offering of Preferred and Common Shares of the Company**

**São Paulo, January 13, 2026** – **Azul S.A.** (B3: AZUL53; AZUL54, OTC: AZULQ) ("**Azul**" or "**Company**"), in compliance with the provisions of the Brazilian Securities Commission ("**CVM**") Resolution No. 44, dated August 23, 2021, as amended ("**CVM Resolution 44**"), Article 157, paragraph 4 of Law No. 6,404, dated December 15, 1976, as amended ("**Brazilian Corporations Law**"), and in continuity with the material facts disclosed on December 12, 2025, December 22, 2025, January 6, 2026 and January 13, 2026, hereby informs its shareholders and the market in general that, following the end of the Exercise Period of the Subscription Warrants, granted free of charge as an additional benefit to the subscribers of shares in the context of the Primary Public Offering of Common Shares and Preferred Shares, with Subscription Warrants, issued by Azul S.A. ("**Subscription Warrants**" and "**Offering**," respectively), B3 S.A. – Brasil, Bolsa, Balcão ("**B3**") informed that it recorded the intention of exercise by investors of 6,197,744,517 Subscription Warrants for preferred shares issued by the Company and the necessity to issue up to 96,312,949,793 new preferred shares issued by the Company.

In addition, the Company informs that, through the Company's bookkeeper, it received exercise requests for the exercise: (a) 445,474,982,966 Subscription Warrants for preferred shares, which will result in the issuance of 6,922,681,235,292 new preferred shares; and (b) 450,209,972,026 Subscription Warrants for common shares, which will result in the issuance of 10,390,846,154,360 new shares issued by the Company.

In view of the foregoing and considering the mandatory conversion of the Company's preferred shares into common shares approved on January 12, 2026, the Company's share capital may amount to up to R$15,732,035,251.20, divided into up to 591,898,203,876,671 common shares<sup>1</sup>.

The capital increase resulting from the exercise of the Subscription Warrants will be ratified at a meeting of the Board of Directors to be held on January 14, 2026, when the settlement of the shares resulting from the exercise of the Subscription Warrants and the delivery of such shares to the subscribers who exercised through B3 will occur. For reference by its shareholders and the market in general, the Company presents below a schedule of the next steps regarding the Subscription Warrants:

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Step** | &nbsp;&nbsp;**Estimated Date** |
| &nbsp;&nbsp;End of the Exercise Period of the Subscription Warrants | &nbsp;&nbsp;January 12, 2026 |
| &nbsp;&nbsp; Date of the Board of Directors' Meeting ratifying the Capital Increase<br> Date of Financial Settlement of the Subscription Warrants | &nbsp;&nbsp;January 14, 2026 |

---

The Company remains available to provide any clarifications that may be necessary.

São Paulo, SP, January 13, 2026.

**Alexandre Wagner Malfitani**

Chief Financial Officer and Investor Relations Officer

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<sup>1</sup>The maximum amount considers the scenario of successful financial settlement of all exercised subscription warrants.

**SIGNATURES**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: January 13, 2026

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Azul S.A.**

<u>By: /s/</u> <u>Alexandre Wagner Malfitani</u>  <br> Name: Alexandre Wagner Malfitani<br> Title: Chief Financial Officer