Business
Volato Group Announces April 17 Record Date and May 7 Special Meeting Date for Shareholder Vote on Proposed Merger With M2i Global
ATLANTA, April 16, 2026--Volato Group, Inc. (NYSE American: SOAR) (the "Company" or "Volato") today announced that it will hold a special meeting of shareholders on May 7, 2026 to vote on the previously announced proposed merger with M2i Global, Inc. ("M2i Global").
About this update from Volato Group, Inc.
[{"type":"text","content":"Combination Targets U.S. Critical Minerals Market Estimated to Exceed $320 Billion Annually.","length":92,"tagName":"p"},{"type":"text","content":"ATLANTA, April 16, 2026--(BUSINESS WIRE)--Volato Group, Inc. (NYSE American: SOAR) (the "Company" or "Volato") today announced that it will hold a special meeting of shareholders on May 7, 2026 to vote on the previously announced proposed merger with M2i Global, Inc. ("M2i Global").","length":313,"tagName":"p"},{"type":"text","content":"Shareholders of record as of the close of business on April 17, 2026 will be entitled to vote at the special meeting. The Company expects the merger to close shortly after the meeting, subject to shareholder approval and the satisfaction of customary closing conditions.","length":270,"tagName":"p"},{"type":"text","content":"Transaction Overview","length":20,"tagName":"p"},{"type":"text","content":"Under the terms of the merger agreement, M2i Global will merge with a wholly owned subsidiary of Volato, with M2i Global continuing as the surviving entity and a wholly owned subsidiary of Volato. Upon completion of the transaction, existing M2i Global shareholders are expected to own approximately 85% of the combined company, while Volato shareholders are expected to own approximately 15%, on a fully diluted basis (excluding warrants).","length":440,"tagName":"p"},{"type":"text","content":"The combined company is expected to leverage M2i Global’s capabilities across mining, refining, and recycling of critical minerals alongside Volato’s expertise in software, data systems, and operational execution, creating a scalable, technology-enabled platform focused on strengthening domestic supply chains.","length":311,"tagName":"p"},{"type":"text","content":"Strategic Rationale","length":19,"tagName":"p"},{"type":"text","content":"Volato believes the proposed merger will:","length":41,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Expand its addressable market into critical minerals and national supply chain resilience","length":89,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Strengthen its long-term growth prospects through a diversified, high-demand sector","length":83,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Combine complementary strengths in technology, logistics, an...