Volato Group Inks Common Stock Purchase Agreement For Equity Facility Of Up To $1B
Volato Group, Inc. (NYSE American: SOAR), which is in the process of rebranding as SOAR AI, Inc. ("SOAR AI" or the "Company"), today announced that it has entered into a common stock purchase agreement
Volato got permission to sell up to one billion dollars of new stock. This gives them cash to spend, but it also means existing owners will own a smaller piece.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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