---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-038807"
form_type: "8-K"
ticker: "SOAR"
cik: "0001853070"
company_name: "Volato Group, Inc."
filed_at: "2024-08-29T23:59:59+00:00"
generated_at: "2026-05-31T07:02:10.920436+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.15
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# Volato enters indemnification pacts, approves option plan form, cuts stockholder quorum to 1/3

## Summary
- Board approved indemnification agreements with all directors and executive officers on Aug 23, 2024.
- Option Agreement form approved under 2023 Stock Incentive Plan on June 7, 2024.
- Bylaws amended to reduce quorum from majority to one-third of outstanding shares; effective immediately.
- New quorum rule applies to the Special Meeting of Stockholders scheduled for Oct 3, 2024.

## SEC filing metadata
- accession: 0001628280-24-038807
- form_type: 8-K
- ticker: SOAR
- cik: 0001853070
- company_name: Volato Group, Inc.
- filed_at: 2024-08-29T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.15
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 1.01, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1853070/000162828024038807/0001628280-24-038807-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1853070/000162828024038807/soar-20240823.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-038807
- JSON: https://secwatch.observer/filing/0001628280-24-038807.json
- Plain text: https://secwatch.observer/filing/0001628280-24-038807.txt

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