micro1's $12.5M offer for Spirit Airlines' data

Per the notice, micro1 would pay the full $12.5M from existing cash, with no financing, board or investment-committee conditions attached. Those terms come from micro1's filing, and the judge has not ruled on them.

• Personal details stripped in-house, at micro1's cost
• A 1% sample to an independent reviewer before any onward transfer
• Storage in the United States
• Raw employment records destroyed after processing
• Onward transfers limited to AI lab customers

Bidding closed on 2026-08-14 with Google on top at $10.0M and Mercor in reserve at $7.5M. micro1 filed as objections were still arriving, before Thomson's first report landed on 2026-09-08.

Later, the ombudsman came out in favour of Google. Of micro1, she said its in-house de-identification would need review, since no independent party would do it. The judge will decide at the 2026-11-06 hearing whether a bigger bid after the auction matters.

According to micro1, it has set aside $1B for company data over the next year, with financing from Citi and Hercules. It quotes $100K to $2M+ per company and wants a minimum of 30 staff.

From 2026-10-09 micro1 has advertised to people whose companies have shut down, saying a past employer's data might fetch up to $2M for US firms that peaked at 25+ staff. That number is micro1's, not ours. See micro1's review and peak headcount.