---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-042429"
form_type: "8-K"
ticker: "SOAR"
cik: "0001853070"
company_name: "Volato Group, Inc."
filed_at: "2026-09-11T21:25:16+00:00"
generated_at: "2026-09-11T21:26:18.373974+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.95
calibrated_materiality_score: 0.95
confidence: "high"
source: SEC EDGAR
---

# Volato closes Aligned reverse merger; Aligned holders to own 95% of combined co

## Summary
- Merger with Alignment Engine (Aligned) closed Sept 11, 2026; Aligned merged into Volato subsidiary Merger Sub.
- Aligned holders get 79,078 Series A + 316,312 Series A-1 Preferred shares, convertible to 95% of Volato on as-converted diluted basis; Aligned valued at $500M.
- CEO Matthew Liotta resigned at closing; Christopher Ensey, Aligned CEO since June 2023, appointed Volato CEO and board member.
- $7.5M fifth-tranche senior unsecured convertible note issued Sept 11, 2026 (matures Sept 11, 2027) under Dec 2024 SPA; waivers granted.
- Stockholder meeting to approve: conversion to 95% stock, elect 6 directors (5 Aligned, 1 Volato), name change, authorized-share increase, NYSE American listing.

## SEC filing metadata
- accession: 0001493152-26-042429
- form_type: 8-K
- ticker: SOAR
- cik: 0001853070
- company_name: Volato Group, Inc.
- filed_at: 2026-09-11T21:25:16+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.95
- calibrated_materiality_score: 0.95
- confidence: high
- sec_items: 1.01, 2.01, 2.03, 3.02, 3.03, 5.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1853070/000149315226042429/0001493152-26-042429-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1853070/000149315226042429/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-042429
- JSON: https://secwatch.observer/filing/0001493152-26-042429.json
- Plain text: https://secwatch.observer/filing/0001493152-26-042429.txt

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