Highest-materiality recent filing
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 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 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 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 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 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.
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 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.
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 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 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.
Volato outsources aircraft management to flyExclusive; grants merger option
Volato engaged flyExclusive to provide exclusive aircraft management services; FLYX retains revenue in excess of expenses as fee.
Volato Group sells Gulfstream G280 for $20M in sale-leaseback financing
Sale of one Gulfstream G280 for $20M cash; 3-month leaseback at $266,666/month.
Volato enters $4M term loan with 165.69% APR; weekly payments of $207k due Jan 2025
Term loan of $4M ($3.8M net of $200k origination fee) from TVT Capital Source LLC.
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.
Max materiality 0.95 · Median 0.62 · Most common event other_material