Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Volato Group, Inc. incurred convertible notes of $2,220,000 with institutional investor maturing October 16, 2026.
- Instrument
- convertible notes
- Principal
- $2,220,000
- Counterparty
- institutional investor
- Maturity
- October 16, 2026
- Event
- incurrence
Exact text from the filing
On October 16, 2025, the parties consummated the closing of a fourth tranche and the Company issued to the Buyer a 10% original issue discount senior unsecured convertible promissory note, in an aggregate original principal amount of $2,220,000 (the “Fourth Tranche Note”), under the Securities Purchase Agreement.
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Equity Issuances
SEC 8-K Item 3.02/3.03
confidence 0.4
Volato Group, Inc. issued convertible note to an institutional investor for aggregate original principal amount of up to $36,000,000.
- Security
- convertible note
- Purchaser
- an institutional investor
- Consideration
- aggregate original principal amount of up to $36,000,000
Exact text from the filing
the Company agreed to issue 10% original issue discount senior unsecured convertible promissory notes (“Notes”) in an aggregate original principal amount of up to $36,000,000, which, once issued, will be convertible into shares of the Company’s Class A common stock, par value $0.0001 per share. The closing of the first tranche was consummated on
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