---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-030377"
form_type: "8-K"
ticker: "SOAR"
cik: "0001853070"
company_name: "Volato Group, Inc."
filed_at: "2026-06-29T10:03:11+00:00"
generated_at: "2026-06-29T10:05:17.826722+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001493152-26-030377
- form_type: 8-K
- ticker: SOAR
- cik: 0001853070
- company_name: Volato Group, Inc.
- filed_at: 2026-06-29T10:03:11+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1853070/000149315226030377/0001493152-26-030377-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1853070/000149315226030377/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-030377
- JSON: https://secwatch.observer/filing/0001493152-26-030377.json
- Plain text: https://secwatch.observer/filing/0001493152-26-030377.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.