Mesa Air anticipates Republic merger completion by November 25.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 21 2025
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Financial Performance: For the nine months ending September 30, 2025, Republic generated approximately $227 million in adjusted EBITDA, while Mesa generated $18 million, totaling $245 million.
Merger Approval: Mesa stockholders approved all proposals related to the merger during a special meeting on November 17, 2025.
Merger Closing Date: The merger is expected to close on November 25, 2025, with Common Stock to trade under the new Nasdaq symbol "RJET" post-merger.
Reverse Stock Split: Mesa has authorized a 15-for-1 Reverse Stock Split of its Common Stock, set to occur after market close on November 24, 2025, with trading on a post-split basis starting November 25, 2025.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
