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Volato Group | 8-K: Current report

SEC announcement ·  Jun 8 04:25
Summary by Futu AI
On June 4, 2024, Fred Colen resigned from his position as a director on the Board of Volato Group, Inc., effective immediately. His departure was not due to any disagreements with the company's operations, policies, or practices. The Board expressed gratitude for Colen's contributions. Concurrently, Volato Group updated its corporate presentation on its website and attached the presentation to its Form 8-K filing with the SEC. The company's securities, including Class A Common Stock and Warrants, are listed on the NYSE American LLC under the symbols SOAR and SOAR.WS respectively. Volato Group, a Delaware-incorporated company, is recognized as an emerging growth company and has opted not to use the extended transition period for complying with new or...Show More
On June 4, 2024, Fred Colen resigned from his position as a director on the Board of Volato Group, Inc., effective immediately. His departure was not due to any disagreements with the company's operations, policies, or practices. The Board expressed gratitude for Colen's contributions. Concurrently, Volato Group updated its corporate presentation on its website and attached the presentation to its Form 8-K filing with the SEC. The company's securities, including Class A Common Stock and Warrants, are listed on the NYSE American LLC under the symbols SOAR and SOAR.WS respectively. Volato Group, a Delaware-incorporated company, is recognized as an emerging growth company and has opted not to use the extended transition period for complying with new or revised financial accounting standards. The company's leadership, including CEO Matt Liotta and CFO Mark Heinen, remains focused on Volato's growth and operational strategies, as outlined in the investor presentation. The presentation highlighted Volato's scalable business model, proprietary software platform, and the financial forecasts for the company, emphasizing its position in the private aviation market and its plans for fleet expansion and utilization optimization.

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