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    Amendment: SEC Form SC 13G/A filed by Frontier Group Holdings Inc.

    11/13/24 6:05:25 AM ET
    $ULCC
    Air Freight/Delivery Services
    Consumer Discretionary
    Get the next $ULCC alert in real time by email
    SC 13G/A 1 d812074dsc13ga.htm SC 13G/A SC 13G/A

     

     

    Securities and Exchange Commission

    Washington, D.C. 20549

     

     

    Schedule 13G

    (Rule 13d-102)

    Information to be Included in Statements Filed Pursuant

    to § 240.13d-1(b), (c) and (d) and Amendments Thereto Filed

    Pursuant to § 240.13d-2

    UNDER THE SECURITIES EXCHANGE ACT OF 1934

    (Amendment No. 2)*

     

     

    Frontier Group Holdings, Inc.

    (Name of Issuer)

    Common Stock

    (Title of Class of Securities)

    35909R108

    (CUSIP Number)

    September 30, 2024

    (Date of Event Which Requires Filing of this Statement)

     

     

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

    ☐ Rule 13d-1(b)

    ☐ Rule 13d-1(c)

    ☒ Rule 13d-1(d)

     

    *

    The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

    The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

     

     

     


    CUSIP No. 35909R108   

    Schedule 13G

       Page 1 of 8

     

     1   

     Names of Reporting Persons

     

     Indigo Frontier Holdings Company, LLC

     2  

     Check the Appropriate Box if a Member of a Group

     (a) ☐  (b) ☐

     

     3  

     SEC Use Only

     

     4  

     Citizenship or Place of Organization

     

     Delaware

    Number of

    Shares

    Beneficially 

    Owned by

    Each

    Reporting

    Person

    With

       5    

     Sole Voting Power

     

     0

       6   

     Shared Voting Power

     

     0

       7   

     Sole Dispositive Power

     

     0

       8   

     Shared Dispositive Power

     

     0

     9   

     Aggregate Amount Beneficially Owned by Each Reporting Person

     

     0

    10  

     Check if the Aggregate Amount in Row (9) Excludes Certain Shares

     

     Not Applicable

    11  

     Percent of Class Represented by Amount in Row 9

     

     0.0%

    12  

     Type of Reporting Person

     

     OO


    CUSIP No. 35909R108   

    Schedule 13G

       Page 2 of 8

     

     1   

     Names of Reporting Persons

     

     Indigo Denver Management Company, LLC

     2  

     Check the Appropriate Box if a Member of a Group

     (a) ☐  (b) ☐

     

     3  

     SEC Use Only

     

     4  

     Citizenship or Place of Organization

     

     Delaware

    Number of

    Shares

    Beneficially 

    Owned by

    Each

    Reporting

    Person

    With

       5    

     Sole Voting Power

     

     0

       6   

     Shared Voting Power

     

     31,975,180

       7   

     Sole Dispositive Power

     

     0

       8   

     Shared Dispositive Power

     

     31,975,180

     9   

     Aggregate Amount Beneficially Owned by Each Reporting Person

     

     31,975,180

    10  

     Check if the Aggregate Amount in Row (9) Excludes Certain Shares

     

     Not Applicable

    11  

     Percent of Class Represented by Amount in Row 9

     

     14.2%

    12  

     Type of Reporting Person

     

     OO


    CUSIP No. 35909R108   

    Schedule 13G

       Page 3 of 8

     

     1   

     Names of Reporting Persons

     

     William A. Franke

     2  

     Check the Appropriate Box if a Member of a Group

     (a) ☐  (b) ☐

     

     3  

     SEC Use Only

     

     4  

     Citizenship or Place of Organization

     

     United States

    Number of

    Shares

    Beneficially 

    Owned by

    Each

    Reporting

    Person

    With

       5    

     Sole Voting Power

     

     67,303,343

       6   

     Shared Voting Power

     

     32,174,456

       7   

     Sole Dispositive Power

     

     67,303,343

       8   

     Shared Dispositive Power

     

     32,174,456

     9   

     Aggregate Amount Beneficially Owned by Each Reporting Person

     

     99,477,799

    10  

     Check if the Aggregate Amount in Row (9) Excludes Certain Shares

     

     Not Applicable

    11  

     Percent of Class Represented by Amount in Row 9

     

     44.1%

    12  

     Type of Reporting Person

     

     IN


    CUSIP No. 35909R108   

    Schedule 13G

       Page 4 of 8

     

    ITEM 1.    (a)    Name of Issuer:
         

    Frontier Group Holdings, Inc. (the “Issuer”).

       (b)    Address of Issuer’s Principal Executive Offices:
         

    4545 Airport Way, Denver, CO 80239

    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.” This statement is filed on behalf of:

         

    Indigo Frontier Holdings Company, LLC

         

    Indigo Denver Management Company, LLC

         

    William A. Franke

       (b)    Address or Principal Business Office:
         

    The principal business address of the Reporting Persons is c/o Indigo Partners, 2525 East Camelback Road, Suite 900, Phoenix, AZ 85016.

       (c)    Citizenship of each Reporting Person is:
         

    Indigo Frontier Holdings Company, LLC and Indigo Denver Management Company, LLC are organized under the laws of the state of Delaware. William A. Franke is a citizen of the United States.

       (d)    Title of Class of Securities:
         

    Common Stock, par value $0.001 per share (“Common Stock”).

       (e)    CUSIP Number:
         

    35909R108

     

    ITEM 3.

    Not applicable.


    CUSIP No. 35909R108   

    Schedule 13G

       Page 5 of 8

     

    ITEM 4.

    Ownership.

    (a-c)

    The ownership information presented below represents beneficial ownership of Common Stock of the Issuer as of October 31, 2024, based upon 225,372,311 shares of Common Stock outstanding as of October 25, 2024, based on the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on October 29, 2024.

     

    Reporting Person

      

    Amount

    beneficially

    owned

        

    Percent

    of class:

       

    Sole power
    to vote or

    to direct

    the vote:

         Shared power
    to vote or to
    direct the
    vote:
        

    Sole power
    to dispose

    or to direct
    the
    disposition

    of:

        

    Shared

    power to

    dispose or

    to direct

    the

    disposition

    of:

     

    Indigo Frontier Holdings Company, LLC

         0        0.0 %      0        0        0        0  

    Indigo Denver Management Company, LLC

         31,975,180        14.2 %      0        31,975,180        0        31,975,180  

    William A. Franke

         99,477,799        44.1 %      67,303,343        32,174,456        67,303,343        32,174,456  

    Indigo Denver Management Company, LLC is the record holder of 31,975,180 shares of Common Stock. Mr. Franke is the sole member of Indigo Denver Management Company, LLC and may be deemed to share beneficial ownership of the securities held of record by Indigo Denver Management Company, LLC.

    In addition, Mr. Franke is the record holder of 67,303,343 shares of Common Stock, and may be deemed to share beneficial ownership of 116,827 shares of Common Stock held of record by Indigo Partners LLC and 82,449 shares of Common Stock held of record by his spouse.

     

    ITEM 5.

    Ownership of Five Percent or Less of a Class.

    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 owners of more than five percent of the class of securities, check the following: ☒

    As of April 5, 2024, Indigo Frontier Holdings Company, LLC ceased to be the beneficial owner of any securities of the Issuer.

     

    ITEM 6.

    Ownership of More than Five Percent on Behalf of Another Person.

    Not applicable.

     

    ITEM 7.

    Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.

    Not applicable.


    CUSIP No. 35909R108   

    Schedule 13G

       Page 6 of 8

     

    ITEM 8.

    Identification and Classification of Members of the Group.

    Not applicable.

     

    ITEM 9.

    Notice of Dissolution of Group.

    Not applicable.

     

    ITEM 10.

    Certification.

    Not applicable.


    CUSIP No. 35909R108   

    Schedule 13G

       Page 7 of 8

     

    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.

    Date: November 13, 2024

     

    Indigo Frontier Holdings Company, LLC
    By:   Indigo Denver Management Company, LLC, its managing member
    By:   /s/ William A. Franke
    Name:   William A. Franke
    Title:   Managing Member
    Indigo Denver Management Company, LLC
    By:   /s/ William A. Franke
    Name:   William A. Franke
    Title:   Managing Member
    William A. Franke
    /s/ William A. Franke


    CUSIP No. 35909R108   

    Schedule 13G

       Page 8 of 8

     

    LIST OF EXHIBITS

     

    Exhibit No.

      

    Description

    99    Joint Filing Agreement (previously filed).
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