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Mesa Air expects Republic merger to close on November 25

For the nine months ended September 30, 2025, Republic generated approximately $227 million in adjusted EBITDA, and Mesa generated $18 million in adjusted EBITDA over the same nine-month period, for a total of $245 million; At a special meeting on November 17, 2025, Mesa stockholders approved all proposals related to the Merger; Merger expected to close on November 25, 2025, with Common Stock to trade under the Nasdaq symbol “RJET” following Merger close; Mesa authorized a 15-for-1 Reverse Stock Split of issued and outstanding Common Stock. The Reverse Stock Split is expected to occur after market close on November 24, 2025, with the Common Stock trading on a post-split basis under the Company’s expected new Nasdaq trading symbol, “RJET”, at the market open on November 25, 2025.

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