Highest-materiality recent filing
Volato reports preliminary Q2 2026: eliminates convertible debt, Vaunt ARR up 250% YoY, cash $8.4M
Eliminated all convertible notes; total liabilities (excl deferred revenue) down ~75% YoY to ~$5M.
Volato Group closes $1.82M registered direct offering at $0.165/share
Closed registered direct offering of 11,038,767 shares at $0.165 per share.
Volato Group raises ~$1.8M via registered direct offering at $0.165/share; director resigns
Issues 11,038,767 shares at $0.165 each; gross proceeds ~$1,821,397, no placement agent.
Volato closes $2.21M private placement of 6.5M shares at $0.34 per share
Closed private placement of 6,500,000 shares of Class A common stock at $0.34/share, gross proceeds ~$2.21M.
Volato raises $2.2M via stock sale to Catheter Precision, pivots to AI infrastructure
Issued 6.5M shares at $0.34 to Catheter Precision (VTAK) and other investors; gross proceeds $2.21M.
Volato terminates merger with M2i Global; evaluating alternative strategic transactions
Terminated Merger Agreement with M2i Global on June 4, 2026, due to failure to close by March 31, 2026 outside date.
NYSE American accepted Volato's plan to regain compliance with Sections 1003(a)(i) and (ii) by December 17, 2026.
Volato shareholders approve M2i Global merger with 99% vote; close in Q2 2026
99% of votes cast at special meeting approved merger with M2i Global; 15.1M shares (40% of eligible) represented.
Pro forma combined net loss from continuing operations $3.726M for year ended Dec 31, 2025.
Volato issues 5.4M shares for 48M M2i Global shares in stock exchange
Volato issued 5,407,499 SOAR shares for 48,044,912 MTWO shares from three investors.
Volato Group dismisses auditor Elliott Davis, engages TAAD; prior report had going concern warning
Dismissed Elliott Davis, PLLC and engaged TAAD, LLP as independent auditor on April 13, 2026.
Volato enters $3.7M ATM facility and updates M2i Global merger details (85% dilution)
ATM agreement with Curvature Securities for up to $3.7M of Class A common stock; 3% commission.
Volato terminates $9.3M ATM facility after selling only $477K
Terminated ATM Sales Agreement with Virtu Americas LLC effective March 22, 2026.
Volato receives NYSE American delisting notice for low equity; discloses going concern
NYSE American notice on March 17 for failing stockholders' equity standards (<$2M or <$4M).
Volato Group extends M2i Global merger deadline to March 31, 2026
Amendment No. 1 extends the End Date of the Merger Agreement from original deadline to March 31, 2026.
Volato Group elects Alan D. Gaines to Board effective Dec 19, 2025
Alan D. Gaines appointed as Class III director, term until 2026 annual meeting.
Volato regains NYSE American compliance; .BC indicator removed from SOAR
NYSE American confirmed compliance with continued listing standards as of Dec. 18, 2025; .BC indicator to be removed from SOAR symbol.
Volato declares stock dividend of 0.0348 flyExclusive shares per SOAR share
Record date December 26, 2025; distribution expected shortly after regulatory clearance.
Volato files pro forma financials for M2i Global reverse merger; 85% ownership to M2i holders
Pro forma combined assets $30.2M, liabilities $19.2M, equity $11.0M as of Sept 30, 2025.
Volato enters ATM sales agreement with Virtu for up to $9.3M of common stock
Agreement dated Dec 5, 2025 with Virtu Americas LLC as sole sales agent.
Volato Group enters merger with M2i Global; seeks reverse split to meet NYSE listing
Volato Group (SOAR) to merge with M2i Global, with M2i shareholders owning 85% of combined company.
Volato files pro forma financials for M2i merger; reverse acquisition, Volato holders to own ~15%
Estimated purchase price $13.6M, based on Volato stock closing price of $1.38 as of Nov 11, 2025.
Volato posts Q3 net income of $7.1M; liabilities cut to $9.5M, meeting M2i merger condition
Q3 net income $7.1M ($1.26 diluted EPS) vs $4.4M net loss a year earlier.
Volato files pro forma financials for M2i Global reverse merger; $20.4M purchase price
Estimated purchase price $20.4M; Volato shareholders to own ~15% of combined entity.
Volato issues $2.22M fourth-tranche convertible note at 10% discount
Fourth tranche note issued Oct 16, 2025; principal $2,220,000, purchase price $1,998,000 (10% OID).
Volato amends aircraft management deal with flyExclusive, secures $2M in shares and asset options
flyExclusive pays $2M (411,523 FLYX shares) for rights to G280 aircraft proceeds; $100K net payables settled with 20,576 shares.
Volato issues 1.2M shares to acquire 16M shares of M2i Global in $2M exchange
Volato issued 1,197,604 shares of Class A common stock in exchange for 16,000,000 shares of M2i Global (OTC: MTWO).
Volato Q2 net income $3.6M, $0.75 EPS; liabilities cut 49% to $20.1M
Total revenue $24.9M, gross profit $3.8M; net income of $3.6M vs net loss of $16.9M in Q2 2024.
Volato to acquire M2i Global; M2i holders get 85% of combined co; CEO becomes Rosende
Volato acquires M2i Global via reverse triangular merger; M2i shareholders to receive 85% of Volato common stock on fully diluted basis.
Volato stockholders approve 2025 Stock Incentive Plan and elect Christopher Burger as director
Christopher Burger elected Class II director with 561,847 votes for, 9,473 withheld; term until 2028.
Volato Group issues $3M third tranche convertible note under existing SPA
Third tranche 10% OID senior unsecured convertible note; principal $3M, purchase price $2.7M, matures July 21, 2026.
Volato reissues FY2024 financials to classify sold GC Aviation as discontinued operations
Volato sold GC Aviation (FAA Part 135 certificate) on March 20, 2025; previously disclosed in Q1 2025 10-Q.
Volato issues $1.5M second tranche convertible note under existing SPA
Second tranche note issued for $1.5M original principal, sold at 10% OID for $1.35M.
On June 6, 2025, Volato received demand from SHC alleging material breach of November 2024 settlement agreement.
Volato reports Q1 net income of $0.5M, cuts liabilities by $23.4M to $39.2M
Revenue of $25.5M, primarily from aircraft sales; gross profit of $4.5M.
Volato shareholders approve issuance of 20%+ of shares to JAK Opportunities Fund
Special meeting held May 7, 2025; 33.45% of shares represented (635,902 of 1,900,893 outstanding).
Volato Group adjourns special meeting twice for lack of quorum
Special meeting on April 15, 2025 had only 502,595 shares (26.44%) present; adjourned to May 6, 2025.
Volato Group adjourns special meeting due to insufficient quorum; reconvenes May 6
Only 502,595 shares (26.44% of 1,900,893 outstanding) represented at April 15 special meeting.
Volato dismisses auditor RSJ, appoints Elliott Davis; prior reports included going concern note
Audit committee dismissed Rose, Snyder & Jacobs (RSJ) and appointed Elliott Davis LLC as independent auditor effective April 2, 2025.
Volato Group approves 1-for-25 reverse stock split effective Feb 24, 2025; settles $4.7M in payables
Reverse split reduces outstanding shares from 46.1M to ~1.84M; no fractional shares, round up to whole share.
Recasts 2023 10-K to classify aircraft fleet as discontinued ops after Sep 2024 deal with flyExclusive.
Volato receives NYSE warning for issuing 16M shares without approval; says resolved
NYSE warned Volato for violating Sections 301 and 713 by issuing ~16M shares between Nov-Dec 2024 without prior listing approval or shareholder vote.
Volato Group enters $36M convertible note deal; initial $4.5M tranche at 10% OID
Issued $4.5M initial convertible Note (purchase price $4.05M, 10% OID) to institutional investor; matures Dec 4, 2025.
Volato Group CCO Nicholas Cooper resigns effective November 30, 2024
Nicholas Cooper notified resignation as Chief Commercial Officer on Nov 26, 2024.
Volato posts Q3 2024 revenue $40.3M, positive Adjusted EBITDA $3.2M, net loss $1.3M
Total revenue $40.3M: aircraft sales $38.2M, managed services $1.8M, software subscriptions $0.3M.
Volato settles $4.7M payables with stock issuance to Sunpeak Holdings
Settlement converts ~$4.7M in outstanding payables into shares priced at Nov 4 closing price; court-approved under Section 3(a)(10).
Volato increases authorized Class A shares from 81M to 201M; adds written consent
Stockholders approved increase in authorized Class A common stock from 81,000,000 to 201,000,000 shares.
Special meeting held October 3, 2024, with 57.3% quorum (16,924,128 shares represented).
Volato Group loses $161.6M HondaJet fleet deal; warrants delisted for low price
Honda Aircraft terminated FPA for 23 HondaJet HA-420 aircraft ($161.6M total); Honda retains deposits, company must sign individual purchase agreements for already-deposited aircraft.
Volato Group receives NYSE compliance plan approval; CTO resigns; executive agreements not renewed
NYSE American accepted company's compliance plan on Sept 5, 2024, granting extension through Dec 18, 2025 to regain listing standards.
On November 26, 2024, Nicholas Cooper, notified the Company of his intent to resign as Chief Commercial Officer of the Company effective November 30, 2024 for personal reasons.
On September 6, 2024, Steven Drucker, the Company's Chief Technology Officer, resigned from his position.
on July 19, 2024, Keith Rabin, President of the Company, notified the Company of his intent to resign as President effective July 19, 2024.
On July 19, 2024, Keith Rabin, President of the Company, notified the Company of his intent to resign as president effective July 19, 2024 for personal reasons.
Matthew Liotta, the Company’s Chief Executive Officer, has assumed the responsibilities of the Company’s president, effective July 19, 2024.
On June 4, 2024, Fred Colen notified the Board of Directors (the “Board”) of Volato Group, Inc. (the “Company”) of his intention to resign as a director of the Board, effective immediately.
on April 17, 2024, Peter Mirabello and, on April 18, 2024, Katherine Arris-Wilson and Dana Born notified the Board of his or her intention to resign as a member of the Board, effective immediately.
On April 23, 2024, the Board of Directors (the “Board”) of Volato Group, Inc. (the “Company”) elected Christopher Burger and Fred Colen to the Board, effective immediately.
on April 17, 2024, Joan Garrett tendered her previously announced resignation, effective immediately.
on April 17, 2024, Peter Mirabello and, on April 18, 2024, Katherine Arris-Wilson and Dana Born notified the Board of his or her intention to resign as a member of the Board, effective immediately.
On April 23, 2024, the Board of Directors (the “Board”) of Volato Group, Inc. (the “Company”) elected Christopher Burger and Fred Colen to the Board, effective immediately.
on April 17, 2024, Peter Mirabello and, on April 18, 2024, Katherine Arris-Wilson and Dana Born notified the Board of his or her intention to resign as a member of the Board, effective immediately.
Max materiality 0.95 · Median 0.65 · Most common event other_material