Volato Group sells Gulfstream G280 for $20M in sale-leaseback financing

Volato Group, Inc.

Sale of one Gulfstream G280 for $20M cash; 3-month leaseback at $266,666/month.
Repurchase option: $20.875M by Oct 8 or $21.225M by Nov 7, 2024.
Paid $300K security deposit; $300K closing fee due Sep 8 or repurchase date.
Amended PDP notes to pay upon delivery; notes repaid in full at closing.

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