---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-014343"
form_type: "8-K"
ticker: "SOAR"
cik: "0001853070"
company_name: "Volato Group, Inc."
filed_at: "2025-06-09T23:59:59+00:00"
generated_at: "2026-05-19T17:32:23.451154+00:00"
event_type: "litigation"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Volato receives demand letter from Sunpeak alleging breach of settlement agreement over $1.1M remaining claims

## Summary
- On June 6, 2025, Volato received demand from SHC alleging material breach of November 2024 settlement agreement.
- SHC claims Volato's issuance of shares to JAK Opportunities and public disclosures constituted breach and misrepresentations.
- Approximately $1.1M of Claims remain outstanding after $2.2M resolved, $1.2M cash paid, and $275K canceled.
- Company and JAK believe allegations without merit and intend to vigorously defend.
- NYSE previously determined Volato violated listing rules by issuing 639,720 shares without approval, preventing further share issuance.

## SEC filing metadata
- accession: 0001641172-25-014343
- form_type: 8-K
- ticker: SOAR
- cik: 0001853070
- company_name: Volato Group, Inc.
- filed_at: 2025-06-09T23:59:59+00:00
- event_type: litigation
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1853070/000164117225014343/0001641172-25-014343-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1853070/000164117225014343/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-014343
- JSON: https://secwatch.observer/filing/0001641172-25-014343.json
- Plain text: https://secwatch.observer/filing/0001641172-25-014343.txt

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