secwatch.observer — SEC 8-K summary
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Issuer:     Volato Group, Inc. (SOAR)
CIK:        0001853070
Form:       8-K
Filed at:   2025-10-17T23:59:59+00:00
Accession:  0001493152-25-018455
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Volato issues $2.22M fourth-tranche convertible note at 10% discount
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- Fourth tranche note issued Oct 16, 2025; principal $2,220,000, purchase price $1,998,000 (10% OID).
- Note matures Oct 16, 2026; convertible into Class A common stock.
- Part of existing $36M Securities Purchase Agreement with one institutional investor.
- Prior tranches: $4.5M (Dec 2024), $1.5M (June 2025), $3.0M (July 2025).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1853070/000149315225018455/0001493152-25-018455-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1853070/000149315225018455/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-018455

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer