Volato Group raises ~$1.8M via registered direct offering at $0.165/share; director resigns

Volato Group, Inc.

Issues 11,038,767 shares at $0.165 each; gross proceeds ~$1,821,397, no placement agent.
Closing subject to NYSE American approval; 30-day lockup on new issuances, 9-month ban on variable rate deals.
Director Alan Gaines resigned June 24, 2026, citing potential conflict as founder of a digital-infrastructure firm.
Company previously terminated M2i merger and is seeking AI/digital infrastructure transactions.

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