Volato Group Amends Agreement Amid M2i Global Merger
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Volato Group has amended its Aircraft Management Services Agreement with flyExclusive amid its merger with M2i Global. The amendment includes asset options and financial settlements, with flyExclusive agreeing to pay Volato in cash or stock for certain aviation-related assets. The merger with M2i Global is pending stockholder approval. Analyst ratings for SOAR stock indicate a Hold with a $1.50 price target, while Spark's AI Analyst rates it as Neutral due to weak financial performance and negative earnings.
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