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LOS ANGELES–(BUSINESS WIRE<\/a>)–<\/span>Glancy Prongay & Murray LLP<\/a> reminds investors of the upcoming January 5, 2026 <\/b>deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Six Flags Entertainment Corporation (\u201cSix Flags\u201d or the \u201cCompany\u201d) (NYSE: FUN<\/a>) common stock pursuant or traceable to the Company\u2019s registration statement and prospectus issued in connection with the July 1, 2024 merger of Six Flags with Cedar Fair, L.P. (\u201cCedar Fair\u201d), and their subsidiaries and affiliates.<\/p>\n \nIF YOU SUFFERED A LOSS ON YOUR SIX FLAGS INVESTMENTS, CLICK <\/b>HERE<\/b><\/a> <\/b>TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS UNDER THE FEDERAL SECURITIES LAWS.<\/b><\/p>\n \nWhat Happened?<\/b><\/p>\n \nOn July 1, 2024, Six Flags completed a merger with Cedar Fair to create North America\u2019s largest regional amusement park operator with a portfolio of approximately 40 amusement parks, water parks, and resort properties (the \u201cMerger\u201d).<\/p>\n \nOn August 6, 2025, Six Flags released its second quarter 2025 financial results, revealing revenue of just $930 million and adjusted EBITDA of $243 million \u2013 well below consensus estimates. The Company also revealed its debt-to-earnings leverage ratio had increased to 6.2x, causing it to consider the \u201cdivestiture of non-core assets.\u201d<\/p>\n \nThe Company slashed its 2025 EBITDA guidance by $215 million at the midpoint and announced that Richard Zimmerman, Six Flags’ CEO and former Cider Fair CEO, was stepping down.<\/p>\n \nWhile Six Flags cited \u201cweather\u201d for the poor results, several analysts found it more likely that rising costs and the inability to achieve certain Merger benefits were to blame.<\/p>\n \nOn the Merger closing date, July 1, 2024, Six Flags stock traded above $55 per share. The price of Six Flags\u2019 stock subsequently fell as low as $20 per share, a nearly 64% decline, thereby injuring investors.<\/p>\n \nWhat Is The Lawsuit About?<\/b><\/p>\n \nThe complaint filed in this class action alleges that the Registration Statement for the Merger was negligently prepared and, as a result, Defendants made materially false and\/or misleading statements, as well as failed to disclose material adverse facts about the Company\u2019s business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that Six Flags had underinvested in its parks and operations, deferring or foregoing basic park maintenance, operational improvements, infrastructure repairs, and ride design and development for several years prior to the Merger; (2) that Six Flags needed to make millions of dollars\u2019 worth of undisclosed capital and operational expenditures above the company\u2019s historical cost trends in order to maintain or grow Six Flags\u2019 share in the intensely competitive amusement park market; (3) that, due to the massive, undisclosed capital needs of Six Flags and the deleterious effects of years of chronic disinvestment by the company, the revenue, earnings, cash flow, capital and operational investments, cost reductions, balance sheet improvements, and debt reduction plans presented to investors in the Registration Statement were not reasonably achievable or rooted in facts existing at the time of the Merger; and (4) as a result, Defendants\u2019 positive statements about the Company\u2019s business, operations, and prospects were materially misleading and\/or lacked a reasonable basis at all relevant times.<\/p>\n \nIf you purchased or otherwise acquired Six Flags common stock pursuant or traceable to the Merger, you may move the Court no later than January 5, 2026 <\/b>to request appointment as lead plaintiff in this putative class action lawsuit.<\/p>\n \nContact Us To Participate or Learn More:<\/b><\/p>\n \nIf you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:<\/p>\n \nCharles Linehan, Esq., \nIf you inquire by email, please include your mailing address, telephone number and number of shares purchased.<\/p>\n \nTo be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.<\/p>\n \nThis press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.<\/p>\n<\/div>\n
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Glancy Prongay & Murray LLP,
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