SEC Form 8-K filed by Six Flags Entertainment Corporation
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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CURRENT REPORT
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Item 8.01. Other Events.
Six Flags Theme Parks, a wholly-owned subsidiary of Six Flags Entertainment Corporation (the “Company”), is party to the Overall Agreement, dated as of November 24, 1997 (the “Overall Agreement”), and related agreements governing the Company’s interest in the Six Flags Over Texas amusement park located in Arlington, Texas (“SFOT”). The Company’s obligations with respect to the partnership that holds SFOT (the “Texas Partnership”) continue to January 2028, at which time the Company may, at its option (the “End-of-Term Option”), require the redemption of all outstanding limited partner interests in the Texas Partnership not already owned by affiliates of the Company. Notice of the intent to exercise such End-of-Term Option was required to be given to the Texas Partnership no later than December 31, 2025.
After careful consideration of the terms of the Overall Agreement and the current business and strategic objectives of the Company, the Company has determined it is currently not in its best interest to exercise the End-of-Term Option with respect to the Texas Partnership. The Company is evaluating potential options and alternatives available under the Overall Agreement. The Company is committed to working collaboratively with the other parties to the Overall Agreement and the limited partners of the Texas Partnership.
The Company will continue to operate and manage SFOT pursuant to the existing partnership agreement. The Company has continued to invest in the park through capital improvements, new attractions, and enhancements to the guest experience, underscoring its confidence in the park’s long-term growth and strategic importance to the Company’s portfolio.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, Six Flags Entertainment Corporation has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| SIX FLAGS ENTERTAINMENT CORPORATION | ||||||
| By: | /s/ Brian C. Witherow | |||||
| Name: | Brian C. Witherow | |||||
| Title: | Executive Vice President and Chief Financial Officer | |||||
| Date: January 5, 2026 | ||||||