Volato Group (SOAR) Registration Filing summary

Company overview and business model

• Operates in the aviation sector, focusing on innovative aviation software and on-demand flight access.

• Revenue historically generated through an aircraft ownership program, including deposit products, charter flights, and aircraft management.

• Developed proprietary software, Mission Control, to drive operational efficiency and support fractional ownership and charter services.

• Announced a transition of aircraft ownership program fleet operations to flyExclusive, aiming for cost savings and focus on high-growth areas like aircraft sales and software.

• Introduced patent-pending technology for repurposing underutilized aircraft resources for cryptocurrency mining.

Financial performance and metrics

• As of September 10, 2025, aggregate market value of outstanding common stock held by non-affiliates was approximately $9.2 million, based on 5,957,291 shares outstanding and a closing price of $1.54 per share.

Use of proceeds and capital allocation

• Net proceeds from securities sales intended for general corporate purposes, including product development, aircraft acquisition, R&D, administrative expenses, technology acquisitions, working capital, and capital expenditures.

• May also use proceeds to repay debt or invest in/acquire complementary businesses, products, or technologies, with no current commitments.

• Management retains broad discretion over allocation of proceeds.