Volato Group (SOAR) Registration filing summary

Company overview and business model

• Operates in aviation, focusing on innovative aviation software and on-demand flight access, with proprietary platforms like Mission Control, Vaunt, and Parslee enhancing operational efficiency and document intelligence.

• Transitioned aircraft ownership program fleet operations to flyExclusive to reduce costs and focus on high-growth software sales.

• Formed through a business combination in December 2023, now operating as a Delaware corporation.

Financial performance and metrics

• Received $2,210,000 in gross proceeds from the sale of 6,500,000 shares at $0.34 per share, before transaction fees and expenses.

• Common Stock traded at $0.1889 per share on June 16, 2026.

• Auditors have expressed substantial doubt about the ability to continue as a going concern.

Use of proceeds and capital allocation

• Net proceeds from the share issuance are allocated for general corporate and working capital purposes, with management retaining broad discretion over their use.