{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-034152","form_type":"8-K","ticker":"SOAR","cik":"0001853070","company_name":"Volato Group, Inc.","filed_at":"2024-08-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:14.942125+00:00","generated_at":"2026-05-31T14:01:18.367662+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Volato enters $4M term loan with 165.69% APR; weekly payments of $207k due Jan 2025","bullets":["Term loan of $4M ($3.8M net of $200k origination fee) from TVT Capital Source LLC.","Total repayment amount of $5.8M ($1.8M interest); 28 weekly payments of $207,142.86 due by Jan 28, 2025.","APR disclosed as 165.69%; default fee of $2,500; prepayment discount of $800k if repaid within 30 days, $600k within 60 days.","Company disclosed pending arbitration settlement (~$20k receivable), disputed vendor demand (~$170k), and unresolved Texas tax lien.","Security interest granted in receivables and personal property, excluding G280 aircraft purchase agreements and related collateral."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-034152","json":"https://secwatch.observer/filing/0001628280-24-034152.json","markdown":"https://secwatch.observer/filing/0001628280-24-034152.md","text":"https://secwatch.observer/filing/0001628280-24-034152.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1853070/000162828024034152/0001628280-24-034152-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1853070/000162828024034152/soar-20240726.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T14:01:18.367662+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"}