Extracted from this filing and checked against the source text.
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
FLYEXCLUSIVE INC. entered into Asset Purchase Agreement with Volato Group, Inc., Volato, Inc., and Fly Vaunt, LLC valued at Purchase price $1,333,333 paid in 451,901 shares of Class A common stock valued at $2.9505 per share (effective 2026-03-06).
- Action
- entry
- Agreement
- asset purchase
- Counterparty
- Volato Group, Inc., Volato, Inc., and Fly Vaunt, LLC
- Value
- Purchase price $1,333,333 paid in 451,901 shares of Class A common stock valued at $2.9505 per share
- Effective
- 2026-03-06
Exact text from the filing
On March 6, 2026, Volato Group exercised a portion of the Volato Option, and the Company entered into an Asset Purchase Agreement (the “Purchase Agreement”) with Volato Group and its wholly owned subsidiaries Volato, Inc. and Fly Vaunt, LLC (together with Volato Group, “Volato”). Pursuant to the Purchase Agreement, the Company agreed to purchase from Volato, and Volato agreed to sell to the Company, certain assets designated as the “Non-Vaunt Assets” (the “Acquired Assets”). The Acquired Assets include, among other things, the Mission Control private aviation operation software and other specified tangible and intangible property listed on Schedule 1.1(a), certain books and records, intellectual property and related rights listed on Schedule 1.1(d) (including specified copyrights, trademarks, patent applications and related goodwill), certain permits and other rights, and associated goodwill. Assets excluded from the Purchase Agreement include cash and cash equivalents, bank accounts a
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
FLYEXCLUSIVE INC. amended Fifth Amendment to the Aircraft Management Services Agreement with Volato Group, Inc. valued at Establishes reciprocal asset options; Volato Option total purchase price up to $2,000,000 (effective 2025-03-06).
- Action
- amendment
- Agreement
- asset purchase
- Counterparty
- Volato Group, Inc.
- Value
- Establishes reciprocal asset options; Volato Option total purchase price up to $2,000,000
- Effective
- 2025-03-06
Exact text from the filing
On March 6, 2025, the Company and Volato entered into a Fifth Amendment to the Aircraft Management Services Agreement (the “Amendment”). Among other things, the Amendment (i) amends and restates Section 4(f) of the Volato Agreement to establish reciprocal asset options permitting either party, subject to stated conditions, to cause the purchase and sale of designated “Vaunt” or “Non‐Vaunt” assets pursuant to an asset purchase agreement in the form attached as Exhibit A thereto; (ii) provides that the Volato Option may be exercised by Volato Group up to two times in the aggregate, provided that the aggregate purchase price payable for all exercises of the Volato Option will equal and not exceed $2,000,000 (the “Total Purchase Price”), payable in cash, in shares of the Company’s Class A common stock valued at volume-weighted average price as of the effective date of the applicable asset purchase agreement, or a combination thereof, at the Company’s discretion; and (iii) includes registra
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