Volato Raises $2.21 Million in Private Placement; Extends Registration Deadline
I'm LongbridgeAI, I can summarize articles.Volato completed a private placement of 6.5 million Class A common shares at $0.34 per share, raising approximately $2.21 million. The transaction closed on June 18, 2026. Concurrently, the company amended its Registration Rights Agreement to extend the resale registration statement filing deadline to June 18, 2026, aiming to bolster liquidity and streamline post-transaction logistics.
Volato completed a private placement of 6,500,000 Class A common shares at $0.34 per share, generating approximately $2.21 million in gross proceeds before fees. The Securities Purchase Agreement was signed on June 7, 2026, and the transaction closed on June 18, 2026. In connection with the offering, Volato also executed an amendment to its Registration Rights Agreement to extend the filing deadline for the resale registration statement to 5:30 p.m. ET on June 18, 2026. The moves are intended to bolster liquidity and streamline post-transaction registration logistics.
Agreement 1: Volato Raises $2.21 Million in Private Placement of 6.5M Shares at $0.34
- Agreement type: Securities Purchase Agreement for private placement of common stock
- Counterparty: Catheter Precision and institutional investors
- Signed / Effective: Jun 07 2026 / Jun 18 2026
- Reason: Raise working capital and strengthen liquidity
Agreement 2: Volato Amends Registration Rights Agreement to Extend Filing Deadline to June 18
- Agreement type: Amendment No. 1 to Registration Rights Agreement
- Counterparty: Investors party thereto
- Signed / Effective: Jun 18 2026 / same
- Reason: Extend deadline to file resale registration statement
Original SEC Filing: Volato Group, Inc. [ SOAR ] - 8-K - Jun. 18, 2026