other material
confidence high
sentiment negative
materiality 0.60
Volato closes $2.21M private placement of 6.5M shares at $0.34 per share
Volato Group, Inc.
- Closed private placement of 6,500,000 shares of Class A common stock at $0.34/share, gross proceeds ~$2.21M.
- Shares issued under Section 4(a)(2)/Reg D exemption; not registered under Securities Act.
- Amendment to Registration Rights Agreement extended filing deadline for resale registration to 5:30 PM ET on June 18, 2026.
- Catheter Precision (VTAK) and institutional investors are purchasers under the original Securities Purchase Agreement.