Volato Group receives NYSE compliance plan approval; CTO resigns; executive agreements not renewed

Volato Group, Inc.

NYSE American accepted company's compliance plan on Sept 5, 2024, granting extension through Dec 18, 2025 to regain listing standards.
CTO Steven Drucker resigned effective Sept 6, 2024; no disagreement with company's financials, operations, policies, or practices.
Board notified CEO, CCO, COO, CTO, CFO that their employment agreements will not be renewed beyond Nov 30, 2024; they become at-will.
Company faces quarterly compliance reviews; if not compliant by Dec 18, 2025, NYSE American may delist SOAR stock.

item 1.02 item 5.02 item 8.01 item 9.01

Executive movements

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Departed

Steven Drucker

Chief Technology Officer

SOAR · Volato Group, Inc.

Effective: 2024-09-06
Filed: September 9, 2024, 7:59 PM ET

On September 6, 2024, Steven Drucker, the Company's Chief Technology Officer, resigned from his position.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Steven Drucker resigned as Chief Technology Officer at Volato Group, Inc..

Action: resigned
Role: Chief Technology Officer

Exact text from the filing

On September 6, 2024, Steven Drucker, the Company's Chief Technology Officer, resigned from his position.

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Volato Group, Inc. filing history →

Source: SEC EDGAR

accession 0001628280-24-039779

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