Business
Volato Group Shareholders Approve Merger with M2i Global
ATLANTA, May 07, 2026--Volato Group, Inc. (NYSE American: SOAR) (the "Company" or "Volato") today announced voting results indicate that the shareholders have approved the previously announced merger with M2i Global, Inc. ("M2i Global")(OTCQB: MTWO) with 99% of the shares of common stock present or represented by valid proxy at the special meeting voting in favor of the merger. This marks a significant milestone toward closing the transaction and advancing Volato’s strategic expansion into the c
About this update from Volato Group, Inc.
[{"type":"text","content":"Advances Path to Enter the $400 Billion Critical Minerals Market, with Closing Expected by the End of the Second Quarter of 2026","length":128,"tagName":"p"},{"type":"text","content":"ATLANTA, May 07, 2026--(BUSINESS WIRE)--Volato Group, Inc. (NYSE American: SOAR) (the "Company" or "Volato") today announced voting results indicate that the shareholders have approved the previously announced merger with M2i Global, Inc. ("M2i Global")(OTCQB: MTWO) with 99% of the shares of common stock present or represented by valid proxy at the special meeting voting in favor of the merger. This marks a significant milestone toward closing the transaction and advancing Volato’s strategic expansion into the critical minerals sector. The number of shares of common stock present or represented by valid proxy at the special meeting was 15.1 million, representing approximately 40% of the total number of shares of common stock entitled to vote. Management believes that the approval reflects strong shareholder alignment with the Company’s strategic direction and long-term growth plans.","length":925,"tagName":"p"},{"type":"text","content":"Final voting results will be reported in a Form 8-K filed with the Securities and Exchange commission in the next 4 business days. The merger is currently expected to close by the end of the second quarter of 2026, subject to the satisfaction (or waiver) of remaining customary closing conditions.","length":297,"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 shares underlying warrants).","length":458,"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 ...