💥Serta-fiable💥

'24 Trash: Spirit Airlines Inc. ($SAVE), Coal Stuff, CommScope. New(ish) Filings: First Mode, Ligado Networks Corp.

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We’re back with our first robust paying-subscribers’-only edition since the New Year — last week’s abbreviated edition doesn’t count … even if it was 🔥. We still have some late ‘24 trash to take out but we’ll also dive into some new stuff; in this edition we tackle (i) as promised on Wednesday, the Serta decision, (ii) some recent coal bankruptcies, (iii) a Spirit Airlines update, (iv) Ligado Networks Corp., (v) First Mode Holdings Inc., and (vi) a brief CommScope Holding Company Inc. update. This edition is like The Brutalist — long AF (sorry!) — so we didn’t get to include our recap of the Intrum AB matter but mwaahahahahahaha, don’t you worry, that’s coming. Let’s dig in.