Volato Group, Inc. Class A (SOAR)

Volato Group, Inc. experienced a substantial share price decline in 2025. The stock price has been volatile, with weekly volatility higher than 75% of U.S. stocks. The company paused its at-the-market equity offering program, leading to a stock price increase. Alan D. Gaines was appointed to the Board of Directors. Volato Group regained compliance with NYSE American equity standards. A preliminary shareholder meeting date was set to approve the proposed merger with M2i Global. M2i Global and Volato Group partnered with Titanium X on U.S. critical minerals development and were featured on "Advancements with Ted Danson". The stock price experienced a significant increase potentially driven by new partnerships or technological innovations. Volato Group withdrew its S-1 registration statement, anticipating positive net income for Q4 2024. The company reported a decrease in total revenue but an increase in aircraft usage revenue, alongside an expanded net loss for the full year 2023.

Demand for Volato Group's private jet charter services is influenced by seasonality, with peak travel seasons during major holidays, special events, and the traditional summer vacation period. Private jet charter prices can increase during these high-demand periods due to limited aircraft availability. Fractional ownership programs often provide guaranteed availability to owners even during peak seasons.

Volato Group, Inc. operates as a private aviation company in the United States, offering fractional ownership, aircraft management, jet cards, deposit programs, and charter programs, primarily utilizing a fleet of HondaJets. The company has developed aviation software solutions, including Mission Control and Vaunt. Volato is merging with M2i Global, Inc. to expand into the critical minerals sector, leveraging its software expertise for supply chain transparency and operational intelligence.

Volato Group, Inc. primarily operates within the United States, maintaining a strong market presence across North America. The company is headquartered in Chamblee, Georgia.

Volato Group, Inc. has a reputation for safety, reliability, and high standards of comfort. The company aims to deliver exceptional value in private aviation and set new benchmarks for accessibility and service excellence in fractional ownership. The merger with M2i Global and expansion into critical minerals could position it as a technology company with a broader scope.

Volato Group, Inc. has both institutional and individual owners. Major institutional owners include Renaissance Technologies Llc, DRW Securities, LLC, Vanguard Group Inc, Geode Capital Management, Llc, Corsair Capital Management, L.p., and Citigroup Inc. Matthew Liotta is the largest individual shareholder, owning 76.21% of the company. Other major individual and insider owners include Proof Acquisition Sponsor I LLC, Nicholas James Cooper, Mark Heinen, Mike Nichols, Michael Patrick Prachar, Christopher Burger, Keith Rabin, and Steve Drucker.