-

Volato Group Withdraws S-1 Registration Statement, Reinforcing Positive Momentum With Anticipation of Positive Q4 Net Income

ATLANTA--(BUSINESS WIRE)--Volato Group, Inc. (NYSE American: SOAR), a leader in private aviation innovation, today announced the withdrawal of its S-1 registration statement. This decision reflects the company’s continued progress in strengthening its financial position, marking another milestone in its turnaround efforts.

The company remains on track to deliver positive net income in Q4 2024, driven by strategic initiatives that have already resulted in improved financial performance. In the third quarter, Volato reported $40.3 million in revenue, up $36.6 million year-over-year, and achieved a positive Adjusted EBITDA of $3.2 million. These results highlight the success of the company’s efforts to enhance operational efficiency and financial health.

"Withdrawing the S-1 validates the strength of our turnaround, reinforcing that our approach is working and delivering meaningful results for investors," said Matt Liotta, CEO of Volato Group. "This action underscores our belief in the company’s ability to meet its financial goals, ensuring long-term value creation for our shareholders."

Volato’s ongoing improvements, including its continuing partnership with flyExclusive and targeted cost management, reflect the company’s commitment to enhancing shareholder value while continuing to meet customer needs with excellence and reliability.

About Volato

Volato (NYSE American: SOAR) is an aviation company advancing the industry with innovative solutions in aviation software and on-demand flight access. Volato’s proprietary Mission Control software drives efficiency across operations and supports operators in managing fractional ownership, charter, and other services. Volato’s Vaunt platform connects travelers with available private flights, offering a flexible option for on-demand travel. With a commitment to advanced technology and customer-focused solutions, Volato is building scalable tools to elevate service quality and operational effectiveness in private aviation.

For more information about Volato, please visit www.flyvolato.com.

Contacts

For Media:
media@flyvolato.com

For Investors:
investors@flyvolato.com

Industry:

Volato Group, Inc.

NYSEAM:SOAR
Release Versions
English

Contacts

For Media:
media@flyvolato.com

For Investors:
investors@flyvolato.com

More News From Volato Group, Inc.

Volato Group Announces April 17 Record Date and May 7 Special Meeting Date for Shareholder Vote on Proposed Merger With M2i Global

ATLANTA--(BUSINESS WIRE)--Volato Group, Inc. (NYSE American: SOAR) (the “Company” or “Volato”) today announced that it will hold a special meeting of shareholders on May 7, 2026 to vote on the previously announced proposed merger with M2i Global, Inc. (“M2i Global”). Shareholders of record as of the close of business on April 17, 2026 will be entitled to vote at the special meeting. The Company expects the merger to close shortly after the meeting, subject to shareholder approval and the satisf...

Volato Group Suspends Further Utilization of Convertible Note Facility; Outstanding Note Balance Reduced to Zero

ATLANTA--(BUSINESS WIRE)--Volato Group, Inc. (NYSE American: SOAR) (“Volato” or the “Company”) today announced that it has suspended further borrowings/drawdowns under its convertible note facility (the “Facility”). The Company is not terminating the underlying securities purchase agreement but does not currently expect to access the Facility for additional convertible note funding. In addition, the Company reported that all previously issued notes under the Facility have been converted in full...

Volato Group and M2i Global Target Late-May Close for Proposed Critical Minerals Merger After Form S-4 Declared Effective

ATLANTA & RENO, Nev.--(BUSINESS WIRE)--Volato Group, Inc. (NYSE American: SOAR) (the “Company” or “Volato”) and M2i Global, Inc. (OTCQB: MTWO) (“M2i Global”) today announced that the U.S. Securities and Exchange Commission has declared effective the Registration Statement on Form S-4 (File No. 333-292132) relating to Volato’s proposed merger with M2i Global, formally advancing the transaction into its shareholder approval and closing phases. Volato is proceeding with distribution of the definit...
Back to Newsroom