{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-046703","form_type":"8-K","ticker":"SOAR","cik":"0001853070","company_name":"Volato Group, Inc.","filed_at":"2024-11-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:10.069610+00:00","generated_at":"2026-05-30T02:59:29.371508+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Volato settles $4.7M payables with stock issuance to Sunpeak Holdings","bullets":["Settlement converts ~$4.7M in outstanding payables into shares priced at Nov 4 closing price; court-approved under Section 3(a)(10).","SHC receives 100,000 freely trading shares as settlement fee, plus additional shares for the Claims at the closing price.","Default triggers: stock price ≤$0.05 or 30-day avg volume ≤50k shares gives either party right to declare default.","SHC's beneficial ownership capped at 4.99% of Volato common stock at any time.","Florida court (Case No. 2024 CA 1733) confirmed fairness of the settlement and share issuance on Nov 6, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-046703","json":"https://secwatch.observer/filing/0001628280-24-046703.json","markdown":"https://secwatch.observer/filing/0001628280-24-046703.md","text":"https://secwatch.observer/filing/0001628280-24-046703.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1853070/000162828024046703/0001628280-24-046703-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1853070/000162828024046703/soar-20241104.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T02:59:29.371508+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"}