{"schema_version":"secwatch.filing_event.v1","accession":"0001641172-25-020402","form_type":"8-K","ticker":"SOAR","cik":"0001853070","company_name":"Volato Group, Inc.","filed_at":"2025-07-21T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.366809+00:00","generated_at":"2026-05-18T05:16:43.995895+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Volato Group issues $3M third tranche convertible note under existing SPA","bullets":["Third tranche 10% OID senior unsecured convertible note; principal $3M, purchase price $2.7M, matures July 21, 2026.","Combined issued principal under SPA now $9M ($4.5M Dec 2024, $1.5M June 2025, $3M July 2025).","Note convertible into Class A common stock; issued to an institutional accredited investor under Reg D exemption.","Debt represents additional financing under December 2024 Securities Purchase Agreement with the same buyer."],"urls":{"canonical":"https://secwatch.observer/filing/0001641172-25-020402","json":"https://secwatch.observer/filing/0001641172-25-020402.json","markdown":"https://secwatch.observer/filing/0001641172-25-020402.md","text":"https://secwatch.observer/filing/0001641172-25-020402.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1853070/000164117225020402/0001641172-25-020402-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1853070/000164117225020402/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T05:16:43.995895+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":[{"claim_id":"950dc4f4a93053651ef3f70955fd5a00d524e0b4","claim":"Volato Group, Inc. incurred convertible notes of $3,000,000 with an institutional investor (Buyer) maturing July 21, 2026.","evidence_excerpt":"On July 21, 2025, the parties consummated the closing of a third tranche and the Company issued to the Buyer a 10% original issue discount senior unsecured convertible promissory note, in an aggregate original principal amount of $3,000,000 (the “Third Tranche Note”), under the Securities Purchase Agreement.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1853070/000164117225020402/0001641172-25-020402-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$3,000,000"},{"label":"Counterparty","value":"an institutional investor (Buyer)"},{"label":"Maturity","value":"July 21, 2026"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}