secwatch.observer — SEC 8-K summary
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Issuer:     Volato Group, Inc. (SOAR)
CIK:        0001853070
Form:       8-K
Filed at:   2025-07-21T23:59:59+00:00
Accession:  0001641172-25-020402
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 Group issues $3M third tranche convertible note under existing SPA
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1853070/000164117225020402/0001641172-25-020402-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1853070/000164117225020402/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-020402

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