CIMG stock soars after securing $106.5 million computing equipment contract

Investing.com -- Spirit Aviation Holdings Inc. has secured access to $100 million in additional financing from creditors, providing a short-term lifeline as the ultra-low-cost carrier navigates its second bankruptcy in less than a year.

The company announced Monday it amended its debtor-in-possession credit agreement to access the incremental funding. Of this amount, $50 million is immediately available, while the remaining $50 million depends on Spirit making continued progress toward a standalone reorganization plan or completing a strategic transaction.

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Spirit assured customers that flights, ticket sales and operations will continue normally throughout the holiday season.

"We are grateful to our lenders for continuing to support Spirit’s transformation, recognizing all the significant progress our team has made in recent months," said President and Chief Executive Officer Dave Davis in the statement.

The Florida-based airline filed for Chapter 11 bankruptcy protection in August, following the failure of an earlier restructuring that had eliminated approximately $795 million in debt and required bondholders to inject additional capital.

Investing.com -- Adtalem Global Education Inc. (NYSE:ATGE) stock rose 6.4% on Monday after the healthcare education provider announced a new $750 million share repurchase authorization and completed its previous $150 million buyback program.

The company, which describes itself as America’s largest healthcare educator, said its board approved the new three-year authorization through December 2028, reflecting management’s confidence in Adtalem’s strategic direction and financial strength. Under the completed program, Adtalem repurchased approximately 1.6 million shares.

"Our operational execution continues to generate strong cash flow, giving us the flexibility to invest in significant growth opportunities while returning capital to shareholders in a tax-efficient manner," said Steve Beard, chairman and chief executive officer of Adtalem Global Education.

Since February 2022, the company has returned $913 million to shareholders by repurchasing 17.2 million shares at an average price of $52.95, representing a 30% reduction in shares outstanding. Adtalem currently has 34.9 million shares of common stock outstanding as of December 10, 2025.

The company has also strengthened its balance sheet, reducing debt by $1.1 billion since acquiring Walden University in August 2021. Current debt stands at $508.4 million as of October 31, 2025.

Adtalem plans to host an Investor Day on February 24, 2026, where it will provide a comprehensive strategic and operational update.

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