secwatch / observer

Volato Group, Inc. — fact timeline

Source-grounded facts extracted from Volato Group, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

SOAR Volato Group, Inc. JSON
Equity Issuances

Volato Group, Inc. issued 6,500,000 shares of common stock to certain institutional investors for $0.34 per share.

“the sale by the Company of 6,500,000 shares (the “Shares”) of the Company’s Class A common stock, par value $0.0001 per share, at a per share price of $0.34.”
Material Agreements

Volato Group, Inc. entered into Securities Purchase Agreement with Catheter Precision, Inc. and certain institutional investors valued at approximately $2.21 million (effective 2026-06-07).

“On June 7, 2026, Volato Group, Inc. (the “Company”) entered into a Securities Purchase Agreement (the “Purchase Agreement”) with Catheter Precision, Inc. (NYSE American: VTAK) and certain institutional investors (collectively, the “Investors”)”
Material Agreements

Volato Group, Inc. terminated Agreement and Plan of Merger and Reorganization with M2i Global, Inc. (effective 2026-06-04).

“On June 4, 2026, the Company delivered written notice to M2i Global terminating the Merger Agreement pursuant to Section 10.1 thereof and abandoning the transactions contemplated thereby.”
Listing & Compliance Notices

Volato Group, Inc. received a nyse_american deficiency notice notice regarding other (rules 1003(a)(i), 1003(a)(ii)).

“June 3, 2026, the Company received a notice from the NYSE American advising the Company that the NYSE American reviewed and accepted the Company’s Plan and that the Company has until December 17, 2026 to regain compliance with the applicable continued listing standards. There is no immediate impact on the listing of the Company’s shares of common stock on the NYSE American. The Company’s common stock will continue to be listed and traded on the NYSE American under the ticker “SOAR” during the period allotted for the Company to regain compliance, subject to the Company’s compliance with the oth”
Shareholder Votes

Volato Group, Inc. shareholders approved Grant the Board discretion to amend the Certificate of Incorporation to effect a reverse stock split at a ratio between one-for-two and one-for-twenty-five. at the 2026-05-07 meeting.

“Proposal 6 - The Reverse Stock Split Proposal A proposal to grant the Volato Board the discretion to amend Volato’s Second Amended and Restated Certificate of Incorporation to effect a reverse stock split at a ratio not less than one-for-two and not greater than one-for-twenty five, with the exact ratio to be set within that range at the discretion of the Volato Board without further approval or authorization of the Volato stockholders. A copy of the proposed reverse stock split amendment was attached to the Proxy Statement as Annex D. This proposal was approved and the final voting results were as follows: FOR AGAINST ABSTAIN BROKER NON VOTES 14,405,224 603,495 131,851 0”
Shareholder Votes

Volato Group, Inc. shareholders approved Approve the M2i Global, Inc. 2026 Stock Incentive Plan. at the 2026-05-07 meeting.

“Proposal 5 - The Stock Incentive Plan Proposal A proposal to approve the M2i Global, Inc. 2026 Stock Incentive Plan. A copy of the M2i Global, Inc. 2026 Stock Incentive Plan was attached to the Proxy Statement as Annex C. This proposal was approved and the final voting results were as follows: FOR AGAINST ABSTAIN BROKER NON VOTES 12,829,822 364,186 26,594 1,919,968”
Shareholder Votes

Volato Group, Inc. shareholders approved Approve an amendment to Volato's Second Amended and Restated Certificate of Incorporation to change the Company's name from 'Volato Group, Inc.' to 'M2i Global, Inc.'. at the 2026-05-07 meeting.

“Proposal 4 - The Name Change Proposal A proposal to approve an amendment to Volato’s Second Amended and Restated Certificate of Incorporation, which will effect a change in the Company’s name from “Volato Group, Inc.” to “M2i Global, Inc.”. A copy of the proposed name change amendment was attached to the Proxy Statement as Annex B. This proposal was approved and the final voting results were as follows: FOR AGAINST ABSTAIN BROKER NON VOTES 14,968,822 157,378 14,370 0”
Shareholder Votes

Volato Group, Inc. shareholders approved Election of seven directors to serve staggered terms on the Combined Company's board of directors. at the 2026-05-07 meeting.

“Proposal 3 - The Election of Directors Proposal A proposal to approve the election of seven directors to serve staggered terms on the Combined Company’s board of directors. Each director nominee was approved and the final voting results were as follows: DIRECTOR FOR AGAINST ABSTAIN BROKER NON VOTES Matt Liotta 12,963,796 9,012 247,794 1,919,968 Alan Gaines 12,971,776 0 248,826 1,919,968 Douglas MacLellan 12,971,555 0 249,047 1,919,968 Michael Sander 12,974,677 0 245,925 1,919,968 Major General (Ret.). Alberto Rosende 12,977,757 0 242,845 1,919,968 Douglas Cole 12,968,220 0 252,382 1,919,968 Anthony Short 12,968,223 0 252,379 1,919,968”
Shareholder Votes

Volato Group, Inc. shareholders approved Approve, for the purpose of complying with NYSE American rules, the issuance of 20% or more of the issued and outstanding shares of Volato Common Stock as Merger Consideration pursuant to the Merger Agreement. at the 2026-05-07 meeting.

“Proposal 2 - The Stock Issuance Proposal A proposal to approve, for the purpose of complying with the NYSE American LLC Company Guide Sections 712(b) and 713(b), the issuance of 20% or more of the issued and outstanding shares of Volato Common Stock as Merger Consideration pursuant to the Merger Agreement, which will result in a change of control of Volato. This proposal was approved and the final voting results were as follows: FOR AGAINST ABSTAIN BROKER NON VOTES 12,968,426 227,255 24,921 1,919,968”
Shareholder Votes

Volato Group, Inc. shareholders approved Approve and adopt the Merger Agreement between Volato, Merger Sub, and M2i Global, and approve the transactions contemplated by the Merger Agreement, including the Merger. at the 2026-05-07 meeting.

“Proposal 1 - The Merger Proposal A proposal to (i) approve and adopt the Merger Agreement between Volato, Merger Sub, and M2i Global, pursuant to which, among other things, Merger Sub will merge with and into M2i Global, with M2i Global surviving as a wholly owned subsidiary of Volato, and (ii) approve the transactions contemplated by the Merger Agreement, including the Merger. A copy of the Merger Agreement was attached to the Proxy Statement as Annex A. This proposal was approved and the final voting results were as follows: FOR AGAINST ABSTAIN BROKER NON VOTES 13,053,706 158,282 8,614 1,919,968”
Equity Issuances

Volato Group, Inc. issued 5,407,499 shares of the Company's Class A common stock of common stock to Charcoal Hill Family Limited Partnership, Douglas Cole, Clearthink Capital Partners, LLC (collectively, the Investors) for aggregate of 48,044,912 shares of M2i Global common stock.

“the “Agreements”) with Clearthink Capital Partners, LLC, a Delaware limited liability company, (all investors collectively, the “Investors”). The Investors are shareholders of M2i Global, Inc., a Nevada corporation (“M2i Global”), whose common stock is publicly traded on the OTCQB Venture Market of OTC Markets Group, Inc. under the symbol “MTWO”. Pursuant”
Material Agreements

Volato Group, Inc. entered into Share Exchange Agreements with Charcoal Hill Family Limited Partnership, Douglas Cole, and Clearthink Capital Partners, LLC valued at an aggregate of 5,407,499 shares of the Company’s Class A common stock (effective 2026-04-16).

“On April 16, 2026, Volato Group, Inc., a Delaware corporation (the “Company”), entered into Share Exchange Agreements with Charcoal Hill Family Limited Partnership, a Nevada limited partnership, and Douglas Cole.”
Auditor Changes

Volato Group, Inc. engaged TAAD, LLP as its auditor.

“On April 13, 2026, Volato Group, Inc. (the “Company”) dismissed Elliott Davis, PLLC (“Elliott Davis”) as the Company’s independent registered public accounting firm and engaged TAAD, LLP (“TAAD”) as the Company’s new independent registered public accounting firm.”
Auditor Changes

Volato Group, Inc. dismissed Elliott Davis, PLLC as its auditor.

“On April 13, 2026, Volato Group, Inc. (the “Company”) dismissed Elliott Davis, PLLC (“Elliott Davis”) as the Company’s independent registered public accounting firm and engaged TAAD, LLP (“TAAD”) as the Company’s new independent registered public accounting firm.”
Material Agreements

Volato Group, Inc. entered into ATM Sales Agreement with Curvature Securities, LLC valued at up to $3,700,000 (effective 2026-03-27).

“On March 27, 2026, Volato Group, Inc. (" Volato " or the " Company ") entered into an ATM Sales Agreement (the " Agreement ") with Curvature Securities, LLC (the " Agent ") pursuant to which the Agent will act as the Company's sole sales agent or principal with respect to the offer and sale from time-to-time of shares of the Company's Class A Common Stock, par value $0.0001 per share, having an aggregate gross sales price of an aggregate of up to $3,700,000 (the " Shares "), which is based on the limitations of General Instruction I.B.6 of Form S-3 .”
Material Agreements

Volato Group, Inc. terminated ATM Sales Agreement with Virtu Americas LLC (effective 2026-03-19).

“On March 19, 2026, pursuant to Section 13(b) of the Agreement, the Company delivered a Notice of Termination to the Agent terminating the Agreement as of March 22, 2026.”
Listing & Compliance Notices

Volato Group, Inc. received a nyse_american deficiency notice notice regarding stockholders equity (rules 1003(a)(i), 1003(a)(ii)).

“March 17, 2026, Volato Group, Inc., (the "Company") received a notice (the "notice") from the NYSE American LLC (the “NYSE American”) advising the Company that it is not in compliance with the NYSE American continued listing standards set forth in Section 1003(a)(i) of the NYSE American Company Guide (the "Company Guide") requiring a company to have stockholders’ equity of at least $2.0 million if it has reported losses from continuing operations and/or net losses in two of its three most recent fiscal years and Section 1003(a)(ii) of the Company Guide requiring a company to have stockholders’”
Material Agreements

Volato Group, Inc. amended Amendment No. 1 to Agreement and Plan of Merger and Reorganization with M2i Global, Inc. (effective 2026-01-19).

“On January 19, 2026, the Company entered into Amendment No. 1 to Agreement and Plan of Merger and Reorganization (the “Amendment”) with M2i Global, Inc.”
Material Agreements

Volato Group, Inc. entered into ATM Sales Agreement with Virtu Americas LLC valued at an aggregate gross sales price of an aggregate of up to $9,300,000 (effective 2025-12-05).

“On December 5, 2025, Volato Group, Inc. (the “ Company ”) entered into an ATM Sales Agreement (the “ Agreement ”) with Virtu Americas LLC (the “ Agent ”) pursuant to which the Agent will act as the Company’s sole sales agent or principal with respect to the offer and sale from time-to-time of shares of the Company’s Class A Common Stock, par value $0.0001 per share, having an aggregate gross sales price of an aggregate of up to $9,300,000 (the “ Shares ”), which is based on the limitations of General Instruction I.B.6 of Form S-3 .”
Equity Issuances

Volato Group, Inc. issued convertible note to an institutional investor for aggregate original principal amount of up to $36,000,000.

“the Company agreed to issue 10% original issue discount senior unsecured convertible promissory notes (“Notes”) in an aggregate original principal amount of up to $36,000,000, which, once issued, will be convertible into shares of the Company’s Class A common stock, par value $0.0001 per share. The closing of the first tranche was consummated on”
Debt Financings

Volato Group, Inc. incurred convertible notes of $2,220,000 with institutional investor maturing October 16, 2026.

“On October 16, 2025, the parties consummated the closing of a fourth 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 $2,220,000 (the “Fourth Tranche Note”), under the Securities Purchase Agreement.”
Equity Issuances

Volato Group, Inc. issued 1,197,604 shares of the Company’s Class A common stock of common stock to Tysadco Partners, LLC, and Douglas Cole for exchange for an aggregate of 16,000,000 shares of M2i Global common stock, valued at an aggregate of $2,000,000.

“Pursuant to the Agreements, the Company agreed to issue an aggregate of 1,197,604 shares of the Company’s Class A common stock (the “Volato Shares”) to the Investors in exchange for an aggregate of 16,000,000 shares of M2i Global common stock (the “M2i Shares”).”
Debt Financings

Volato Group, Inc. incurred convertible notes of $3,000,000 with an institutional investor (Buyer) maturing July 21, 2026.

“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.”
Auditor Changes

Volato Group, Inc. engaged Elliott Davis LLC as its auditor.

“and also approved the appointment of Elliott Davis LLC ("Elliott Davis") as the Company's new independent registered public accounting firm”
Auditor Changes

Volato Group, Inc. dismissed Rose, Snyder & Jacobs LLP as its auditor.

“On April 2, 2025, the Audit Committee of the Board of Directors (the "Audit Committee") of Volato Group, Inc. (the "Company") approved the dismissal of Rose, Snyder & Jacobs LLP ("RSJ") as the Company's independent registered public accounting firm”
Governance Changes

Volato Group, Inc.: Approved a 1-for-25 reverse stock split of Class A common stock, amending the Certificate of Incorporation (effective 2025-02-24).

“On February 12, 2025, the Board unanimously approved a reverse stock split of the Company’s Common Stock, at a ratio of 1-for-25 (the “Reverse Stock Split”).”
Listing & Compliance Notices

Volato Group, Inc. received a nyse_american deficiency notice notice regarding other (rules 301, 713).

“December 19, 2024, Volato Group, Inc. (the “Company”) received from NYSE Regulation a Warning Letter (the “Letter”) as provided under Section 1009(a) of the NYSE American LLC ("NYSE American") Company Guide (the “Company Guide”) describing violations by the Company of Sections 301 and 713 of the Company Guide. Section 301 of the Company Guide prohibits a listed company from issuing, or authorizing its transfer agent or registrar to issue or register, additional securities of a listed class until it has filed an application for the listing of such additional securities and received notification”

Nicholas Cooper resigned as Chief Commercial Officer at Volato Group, Inc..

“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.”
Governance Changes

Volato Group, Inc.: Increased authorized Class A common shares from 81,000,000 to 201,000,000 and allowed stockholder action by written consent (effective 2024-10-28).

“On October 28, 2024, the Company filed an amendment to the Certificate of Incorporation with the State of Delaware's Secretary of State to implement the approved amendments, which became effective upon filing.”

Steven Drucker resigned as Chief Technology Officer at Volato Group, Inc..

“On September 6, 2024, Steven Drucker, the Company's Chief Technology Officer, resigned from his position.”

Keith Rabin resigned as President at Volato Group, Inc..

“on July 19, 2024, Keith Rabin, President of the Company, notified the Company of his intent to resign as President effective July 19, 2024.”

Matthew Liotta changed role as President at Volato Group, Inc..

“Matthew Liotta, the Company’s Chief Executive Officer, has assumed the responsibilities of the Company’s president, effective July 19, 2024.”

Keith Rabin resigned as President at Volato Group, Inc..

“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.”

Fred Colen resigned as director at Volato Group, Inc..

“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.”
Earnings Releases

Volato Group, Inc. reported first quarter ended March 31, 2024 results: revenue $13.2 million, net income $17.4 million.

“Volato Reports First Quarter 2024 Results Announces $14.5 Million in New Financing Grew Flight Hours 39% and Blended Yield 8% Year-over-Year Expect Delivery of 10-12 New Aircraft in FY 2024 Atlanta, GA – May 15, 2024 – Volato Group, Inc. (NYSE American: SOAR) (“Volato” or the “Company”), a leading private aviation company and the largest HondaJet operator in the United States, today announced results for the first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights • Total revenue was $13.2 million o Aircraft usage revenue was $11.5 million o Managed services revenue was $1.7 million • Net loss was $17.4 million, including the impact of a $0.2 million non-cash charge”

Joan Garrett departed as Director at Volato Group, Inc..

“on April 17, 2024, Joan Garrett tendered her previously announced resignation, effective immediately.”

Dana Born resigned as Director at Volato Group, Inc..

“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.”

Katherine Arris-Wilson resigned as Director at Volato Group, Inc..

“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.”

Peter Mirabello resigned as Director at Volato Group, Inc..

“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.”

Fred Colen was elected as Director at Volato Group, Inc..

“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.”

Christopher Burger was elected as Director at Volato Group, Inc..

“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.”
Earnings Releases

Volato Group, Inc. reported preliminary financial results for first quarter 2024.

“On April 18, 2024, Volato Group, Inc. (the "Company") issued a press release disclosing select preliminary key performance indicators for the quarter ended March 31, 2024.”
Earnings Releases

Volato Group, Inc. reported financial results for the fourth quarter and full year ended December 31, 2023.

“On March 26, 2024, Volato Group, Inc. (the "Company") issued a press release announcing its financial results for the three months and fiscal year ended December 31, 2023. The full text of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein.”

Joan Sullivan Garrett departed as Chair of the Board at Volato Group, Inc..

“In addition, Ms. Garrett notified the Board of her intention to step down as Chair of the Board, effective no later than March 28, 2024.”

Joan Sullivan Garrett resigned as Director at Volato Group, Inc..

“On March 17, 2024, Joan Sullivan Garrett notified the Board of Directors (the “Board”) of Volato Group, Inc. (the “Company”) of her intention to resign as a director of the Board.”
Earnings Releases

Volato Group, Inc. reported preliminary financial results for each quarter of fiscal year 2022 and fiscal year 2023.

“Volato Group, Inc. issued a press release on each of January 4, 2024 and January 22, 2024 disclosing select preliminary key performance indicators for each quarter of fiscal year 2022 and fiscal year 2023.”
Governance Changes

Volato Group, Inc.: PACI ceased to be a shell company as a result of the Business Combination.

“As a result of the Business Combination, PACI ceased to be a shell company.”
Governance Changes

Volato Group, Inc.: New code of business conduct adopted.

“On the Closing Date, in connection with the Closing, the Board adopted a new code of business conduct applicable to all of Volato Group’s employees, officers and directors.”
Governance Changes

Volato Group, Inc.: Amended and Restated Bylaws adopted.

“the Board approved and adopted Volato Group’s Amended and Restated Bylaws, which became effective upon the consummation of the Business Combination.”
Governance Changes

Volato Group, Inc.: Second Amended and Restated Certificate of Incorporation adopted.

“Volato Group’s Second Amended and Restated Certificate of Incorporation, which became effective upon filing with the Secretary of State of the State of Delaware on the Closing Date, includes the amendments included in the Charter Proposal.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.