An announcement from Volato Group ( (SOAR) ) is now available.

Volato Group reported preliminary results on July 6, 2026, showing a strengthened balance sheet at the end of the second quarter, with all convertible notes eliminated, total non-deferred liabilities cut about 75% year-over-year to roughly $5 million, and cash and equivalents of about $8.4 million. The company highlighted rapid expansion of its Vaunt marketplace, including record cash sales, sharply higher recurring revenue and paid memberships, while continuing to advance its Parslee AI platform and explore strategic merger and acquisition opportunities in AI and data infrastructure to support long-term shareholder value.

The second quarter of 2026 saw Vaunt post record cash sales of around $2.2 million, up 56% sequentially and 199% year-over-year, with projected ARR of about $4.7 million and paid membership rising 71% from a year earlier, underscoring strong traction in Volato’s aviation-focused marketplace. Management said these operating gains, together with a cleaner capital structure and ongoing work on AI-driven workflow automation, position the company more securely as it pursues a potential merger targeted for the third quarter of 2026, though final results remain subject to completion of normal financial closing procedures.