{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-23-026461","form_type":"8-K","ticker":"SOAR","cik":"0001853070","company_name":"Volato Group, Inc.","filed_at":"2023-05-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.258965+00:00","generated_at":"2026-06-14T15:00:35.502951+00:00","sec_items":["1.01","3.03","5.03","5.07","8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Proof Acquisition Corp I extends business combination deadline to Dec 2023; 21M shares redeemed","bullets":["Shareholders approved extension of business combination deadline from June 3, 2023 to December 3, 2023.","21,156,902 Class A shares redeemed from trust, totaling approximately $222.2M (~$10.50 per share).","Sponsor funds $480,000 for first three-month extension; monthly $160,000 payments thereafter.","Only 6.4M Class A shares (23%) remain in trust after massive redemptions (77% withdrawn)."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-23-026461","json":"https://secwatch.observer/filing/0001140361-23-026461.json","markdown":"https://secwatch.observer/filing/0001140361-23-026461.md","text":"https://secwatch.observer/filing/0001140361-23-026461.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1853070/000114036123026461/0001140361-23-026461-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1853070/000114036123026461/brhc20053324_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T15:00:35.502951+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"cab10bc2c2c99fd56757734b1dccc9562338df47","claim":"Volato Group, Inc.: Extended the deadline to consummate an initial business combination from June 3, 2023 to December 3, 2023 (effective 2023-06-03).","evidence_excerpt":"The Extension Amendment (i) extends the date by which the Company must consummate its initial Business Combination from June 3, 2023 to December 3, 2023.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1853070/000114036123026461/0001140361-23-026461-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2023-06-03"}],"fact_type":"governance_change"},{"claim_id":"8ebcb8eb22ff1a4eb547cc1b421239a1de441586","claim":"Volato Group, Inc. amended Investment Management Trust Agreement with Continental Stock Transfer & Trust Company.","evidence_excerpt":"PROOF Acquisition Corp I, a Delaware corporation (the “Company”), and Continental Stock Transfer & Trust Company entered into Amendment No. 1 (the “Trust Agreement Amendment”) to the Investment Management Trust Agreement, dated as of November 30, 2021 (the “Trust Agreement”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1853070/000114036123026461/0001140361-23-026461-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Counterparty","value":"Continental Stock Transfer & Trust Company"}],"fact_type":"material_agreement"},{"claim_id":"9f759360ea642e6f9e99f9dbbc6a62597a5a4ffb","claim":"Volato Group, Inc. shareholders approved approve and amend the Certificate of Incorporation to extend the date by which the Company must consummate a Business Combination from June 3, 2023 to December 3, 2023 at the 2023-05-19 meeting.","evidence_excerpt":"The Extension Amendment Proposal - To approve and amend the Certificate of Incorporation to extend the date by which the Company must consummate a Business Combination from June 3, 2023 to December 3, 2023. For Against Abstain 29,303,947 1,239,483 0","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1853070/000114036123026461/0001140361-23-026461-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"charter amendment"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-05-19"}],"fact_type":"shareholder_vote"},{"claim_id":"df3a49986b40dac675463042980486968b7261ef","claim":"Volato Group, Inc. shareholders approved approve and amend the Trust Agreement allowing the Company to extend the period of time required to consummate a Business Combination from June 3, 2023 to December 3, 2023 at the 2023-05-19 meeting.","evidence_excerpt":"The Trust Agreement Amendment Proposal - To approve and amend the Trust Agreement allowing the Company to extend the period of time required to consummate a Business Combination from June 3, 2023 to December 3, 2023. For Against Abstain 29,303,937 1,239,483 0","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1853070/000114036123026461/0001140361-23-026461-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"merger approval"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-05-19"}],"fact_type":"shareholder_vote"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}