SÃO PAULO, Feb. 7, 2022
/PRNewswire/ -- GOL Linhas Aéreas Inteligentes S.A. ("GOL"
or "Company") (NYSE: GOL and B3: GOLL4), Brazil's largest
domestic airline, in addition to the Material Fact disclosed on
September 15, 2021, announces that it
has entered into definitive arrangements through an investment
agreement with American Airlines, Inc. ("American") for expansion
of its commercial cooperation with American and an equity
investment in the amount of US$200
million by American in 22.2 million newly issued preferred
shares of GOL through a capital increase for a 5.2% participation
in GOL's economic interest. The closing of the transaction,
including the issuance and payment for newly issued preferred
shares of GOL, is subject to customary closing conditions,
including antitrust approval in Brazil.
All holders of the Company's preferred shares, including in the
form of ADRs, will be able to exercise their preemptive rights to
subscribe newly issued shares proportionate to their
shareholdings. The detailed terms and conditions of the
capital increase are expected to be approved by the Board of
Directors of GOL and disclosed in due course, including the final
amount in Brazilian reais of the capital increase, issuance price,
the record date, and the periods and procedures for the exercise of
preemptive rights by the shareholders of the Company. The right to
proportionally subscribe for preferred shares according to the
preemptive rights referred to in this release has not been
registered with the U.S. Securities and Exchange Commission and
will not be offered or extended absent registration or an
applicable exemption from registration requirements.
Investor Relations
ri@voegol.com.br
www.voegol.com.br/ir
+55(11) 2128-4700
About GOL Linhas Aéreas Inteligentes S.A.
GOL
is Brazil's largest airline,
leader in the corporate and leisure segments. Since its founding in
2001, it has been the airline with the lowest unit cost in
Latin America, which has enabled
the democratization of air transportation. The Company has
partnerships with American Airlines and Air France-KLM, in addition
to making available to Customers many codeshare and interline
agreements, bringing more convenience and ease of connections to
any place served by these partnerships. With the purpose of "Being
First for Everyone", GOL offers the best travel experience to its
passengers, including: the largest inventory of seats and the most
legroom; the most complete platform with internet, movies and live
TV; and the best loyalty program, SMILES. In cargo transportation,
GOLLOG delivers parcels to various regions in Brazil and abroad. The Company has a team of
15,000 highly qualified airline professionals focused on Safety,
GOL's number one value, and operates a standardized fleet of 127
Boeing 737 aircraft. GOL's shares are traded on the NYSE (GOL) and
the B3 (GOLL4). For further information, visit
www.voegol.com.br/ir.
About American Airlines Inc.
American's purpose
is to care for people on life's journey. Shares of American
Airlines Group Inc. trade on NASDAQ under the ticker symbol AAL and
the Company's stock is included in the S&P 500. Learn more
about what's happening at American by visiting news.aa.com and
connect with American on Twitter @AmericanAir and at
Facebook.com/American Airlines.
Disclaimer
The information contained in this
material fact has not been subject to any independent audit or
review and contains "forward-looking" statements, estimates and
projections that relate to future events, which are, by their
nature, subject to significant risks and uncertainties. All
statements other than statements of historical fact contained in
this material fact including, without limitation, those regarding
GOL's future financial position and results of operations,
strategy, plans, objectives, goals and targets, future developments
in the markets in which GOL operates or is seeking to operate, and
any statements preceded by, followed by or that include the words
"believe", "expect", "aim", "intend", "will", "may", "project",
"estimate", "anticipate", "predict", "seek", "should" or similar
words or expressions, are forward-looking statements. The future
events referred to in these forward-looking statements involve
known and unknown risks, uncertainties, contingencies and other
factors, many of which are beyond GOL's control, that may cause
actual results, performance or events to differ materially from
those expressed or implied in these statements. These
forward-looking statements are based on numerous assumptions
regarding GOL's present and future business strategies and the
environment in which GOL will operate in the future and are not a
guarantee of future performance. Such forward-looking statements
speak only as at the date on which they are made. None of GOL or
any of its affiliates, officers, directors, employees and agents
undertakes any duty or obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise, except to the extent required by law.
None of GOL or any of its affiliates, officers, directors,
employees, professional advisors and agents make any
representation, warranty or prediction that the results anticipated
by such forward-looking statements will be achieved, and such
forward-looking statements represent, in each case, only one of
many possible scenarios and should not be viewed as the most likely
or standard scenario. Although GOL believes that the estimates and
projections in these forward-looking statements are reasonable,
they may prove materially incorrect and actual results may
materially differ. As a result, you should not rely on these
forward-looking statements.
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SOURCE GOL Linhas Aéreas Inteligentes S.A.