---
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"
generated_at: "2026-05-31T14:01:18.367662+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Volato enters $4M term loan with 165.69% APR; weekly payments of $207k due Jan 2025

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-034152
- JSON: https://secwatch.observer/filing/0001628280-24-034152.json
- Plain text: https://secwatch.observer/filing/0001628280-24-034152.txt

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