InvestmentJul 2, 2026, 04:14 PM
Volato Group Raises $1.82M in Registered Direct Offering
AI Summary
Volato Group, Inc. announced the closing of its previously disclosed registered direct offering. The company sold 11,038,767 shares of its Class A common stock at $0.165 per share, resulting in gross proceeds of approximately $1.82 million. The offering, which closed on June 30, 2026, was made to certain accredited investors.
Key Highlights
- Received gross proceeds of approximately $1,821,397.02 from the offering.
- Sold 11,038,767 shares of Class A common stock.
- Shares were sold at a price of $0.165 per share.
- The offering closed on June 30, 2026.
- The offering was a registered direct offering to certain accredited investors.
- Shares were offered pursuant to a shelf registration statement on Form S-3.
Price Impact
More from SOAR