Volato Group, Inc., a private aviation company trading under the ticker SOAR on the NYSE American, announced on June 21, 2024, that it received a notice from the NYSE American on June 18, 2024, indicating non-compliance with the exchange's continued listing standards. Specifically, the company does not meet the stockholders' equity requirements due to reported losses in recent fiscal years. Volato must submit a compliance plan by July 18, 2024, and achieve compliance by December 18, 2024, to avoid delisting. The notice does not immediately affect the trading of Volato's common stock and warrants, nor does it impact its business operations or SEC reporting obligations. The company has expressed its commitment to regaining compliance but acknowledges there is no guarantee of achieving this within the specified timeframe. Further details are available in the Current Report on Form 8-K filed with the SEC and on Volato's Investor Relations website.

Volato Group, Inc., a private aviation company trading under the ticker SOAR on the NYSE American, announced on June 21, 2024, that it received a notice from the NYSE American on June 18, 2024, indicating non-compliance with the exchange's continued listing standards. Specifically, the company does not meet the stockholders' equity requirements due to reported losses in recent fiscal years. Volato must submit a compliance plan by July 18, 2024, and achieve compliance by December 18, 2024, to avoid delisting. The notice does not immediately affect the trading of Volato's common stock and warrants, nor does it impact its business operations or SEC reporting obligations. The company has expressed its commitment to regaining compliance but acknowledges there is no guarantee of achieving this within the specified timeframe. Further details are available in the Current Report on Form 8-K filed with the SEC and on Volato's Investor Relations website.