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Get filing alertsCritical incident detected
Existential event
Time-sensitive event — see the red-flag panel below for the source-quoted detail.
Red Flags Detected
- Going Concern (new) — Auditors expressed substantial doubt about the company's ability to continue as a going concern in both 2024 and 2025.
- Delisting (new) — Company received formal notice of non-compliance with NYSE American listing requirements and must regain compliance by December 17, 2026 or face delisting.
Volato (SOAR) selling stockholders offer 6.5M shares at market; company receives no proceeds
Filed July 2, 2026 · ~2 min read
Key Changes
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Secondary offering of 6,500,000 shares by three selling stockholders at prevailing market prices (last sale $0.1889/share on June 16, 2026); company receives zero proceeds from these sales.
The Offering verify on EDGAR → -
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Company previously received $2.21M gross proceeds when it issued these shares to the selling stockholders at $0.34/share in June 2026 for working capital.
Use of Proceeds verify on EDGAR → -
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NYSE American issued deficiency notice March 17, 2026 for failing minimum stockholders' equity requirements; company has until December 17, 2026 to regain compliance or face delisting.
Prospectus Summary verify on EDGAR →
3 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jul 5, 2026 · How we verify