---
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"
generated_at: "2026-05-18T05:16:43.995895+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Volato Group issues $3M third tranche convertible note under existing SPA

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-020402
- JSON: https://secwatch.observer/filing/0001641172-25-020402.json
- Plain text: https://secwatch.observer/filing/0001641172-25-020402.txt

## Key facts
- Debt Financings
  Volato Group, Inc. incurred convertible notes of $3,000,000 with an institutional investor (Buyer) maturing July 21, 2026.
  - Instrument: convertible notes
  - Principal: $3,000,000
  - Counterparty: an institutional investor (Buyer)
  - Maturity: July 21, 2026
  - Event: incurrence
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1853070/000164117225020402/0001641172-25-020402-index.htm

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