Volato Group, Inc. 8-K

What Happened

• Volato Group, Inc. (SOAR) announced it closed a private placement on June 18, 2026, issuing 6,500,000 shares of Class A common stock at $0.34 per share. The Company received gross proceeds of approximately $2.21 million (before transaction fees and offering expenses). The Purchase Agreement named Catheter Precision, Inc. (NYSE American: VTAK) and certain institutional investors as purchasers.
• In connection with the financing, the Company had agreed to file a registration statement to permit resale of the shares; the parties executed Amendment No. 1 to the Registration Rights Agreement on June 18, 2026 to extend the filing deadline to 5:30 p.m. Eastern Time on June 18, 2026.

Key Details

• 6,500,000 shares issued at $0.34 per share.
• Gross proceeds to the company: approximately $2.21 million (before fees/expenses).
• Closing date: June 18, 2026.
• Amendment No. 1 to the Registration Rights Agreement extended the registration filing deadline to 5:30 p.m. ET on June 18, 2026.

Why It Matters

• The transaction raises fresh cash for Volato’s operations or growth initiatives, which can help fund short‑term needs without taking on debt. However, the issuance increases the number of outstanding shares and therefore dilutes existing shareholders’ ownership.
• The registration amendment is important because it governs when the new investors can resell their shares in the public market; timely registration affects liquidity and potential selling pressure. Investors should watch for the filing and effectiveness of the resale registration and any future disclosures about use of proceeds.