AcquisitionsApr 22, 2026, 09:02 AM
Volato Group Enters Share Exchange Agreement for M2i Global Shares
AI Summary
Volato Group, Inc. has entered into a Share Exchange Agreement with an investor to acquire shares of M2i Global, Inc. Under the terms, Volato will receive M2i common stock from the investor in exchange for Volato common stock. The transaction is structured to be a tax-free exchange under Section 351 of the U.S. Internal Revenue Code and has been approved by Volato's Board of Directors.
Key Highlights
- Volato Group entered a Share Exchange Agreement with an investor.
- Volato will acquire M2i Global common stock from the investor.
- In exchange, Volato will issue its own common stock to the investor.
- The transaction is intended as a tax-free exchange under Section 351 of the Code.
- Specific share quantities and implied values are not yet disclosed.