Summary by Futu AI
Volato Group, Inc. has formally requested the withdrawal of its Registration Statement on Form S-1 (File No. 333-278913) from the U.S. Securities and Exchange Commission. The registration, initially filed on April 24, 2024, was intended for a public offering. The company cited "changed circumstances" as the reason for not pursuing the offering at this time.The withdrawal request, made under Rule 477 of the Securities Act of 1933, confirms that the Registration Statement was not declared effective and no securities were sold under it. Volato Group has asked for the withdrawal to be effective immediately and for a written order to be issued as soon as possible. While no refund will be made for fees paid, the company has requested that these fees be credited for future use under Rule 457(p).Matthew Liotta, Chief Executive Officer of Volato Group, signed the withdrawal request. The company believes this action is consistent with public interest and investor protection, as outlined in Rule 477.