secwatch.observer — SEC 8-K summary
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Issuer:     Volato Group, Inc. (SOAR)
CIK:        0001853070
Form:       8-K
Filed at:   2025-06-13T23:59:59+00:00
Accession:  0001641172-25-014983
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Volato issues $1.5M second tranche convertible note under existing SPA
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- Second tranche note issued for $1.5M original principal, sold at 10% OID for $1.35M.
- Note matures June 13, 2026; same terms as initial $4.5M first tranche issued Dec 2024.
- Transaction closed June 13, 2025; proceeds used for general corporate purposes.
- Note is senior unsecured and convertible into Class A common stock at $0.0001 par.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1853070/000164117225014983/0001641172-25-014983-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1853070/000164117225014983/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-014983

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer