{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-024502","form_type":"8-K","ticker":"SOAR","cik":"0001853070","company_name":"Volato Group, Inc.","filed_at":"2025-11-20T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.819382+00:00","generated_at":"2026-05-16T18:10:54.556908+00:00","sec_items":["8.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Volato files pro forma financials for M2i merger; reverse acquisition, Volato holders to own ~15%","bullets":["Estimated purchase price $13.6M, based on Volato stock closing price of $1.38 as of Nov 11, 2025.","M2i Global determined as accounting acquirer; Volato shareholders to own about 15% of combined entity.","Pro forma combined net loss from continuing ops $26.6M (FY2024) and net income $2.4M (9M2025).","Merger requires stockholder approval and closing conditions, including net debt cap of $10M that M2i may waive.","Pro forma includes $7.5M goodwill and fair-value adjustments for intangibles and convertible debt conversion."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-024502","json":"https://secwatch.observer/filing/0001493152-25-024502.json","markdown":"https://secwatch.observer/filing/0001493152-25-024502.md","text":"https://secwatch.observer/filing/0001493152-25-024502.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1853070/000149315225024502/0001493152-25-024502-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1853070/000149315225024502/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T18:10:54.556908+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}