Volato Group, Inc. 8-K

What Happened

• On June 7, 2026, Volato Group, Inc. (SOAR) entered into a Securities Purchase Agreement to sell 6,500,000 shares of Class A common stock at $0.34 per share, for expected gross proceeds of approximately $2.21 million. Closing of the offering is subject to customary conditions, including NYSE American approval of a supplemental listing application and delivery of freely tradeable third‑party securities to Catheter Precision, Inc.
• On June 7, 2026 the Company also entered a Registration Rights Agreement requiring it to file a registration statement to register resale of the Shares within 10 days and to use commercially reasonable efforts to have that registration declared effective by a specified deadline. A press release announcing the capital raise and a focus on AI infrastructure acquisition opportunities was issued June 8, 2026.

Key Details

• Shares offered: 6,500,000 Class A common shares at $0.34 per share.
• Gross proceeds: approximately $2.21 million (before fees and expenses).
• Closing conditions include NYSE American supplemental listing approval and delivery of freely tradable third‑party securities to Catheter Precision, Inc.
• Company covenant: no “Variable Rate Transactions” for nine months from the effective date (subject to exceptions). Registration statement to be filed within 10 calendar days of the Registration Rights Agreement.

Why It Matters

• The financing, if completed, provides immediate capital (≈ $2.21M) that the company can use for operations or to pursue announced AI infrastructure acquisition opportunities.
• The registration rights give investors a path to resell the shares once the company’s registration statement is effective, which may affect liquidity and potential selling pressure.
• The offering is not closed and depends on NYSE approval and other closing conditions, so the financing is not guaranteed. Investors should watch for further updates and the effectiveness of the registration filing.