Volato enters ATM sales agreement for up to $3.7 million in stock sales
Volato Group Inc. (NYSE: SOAR) entered into an at-the-market sales agreement with Curvature Securities LLC on March 27, 2026, according to a company statement.
Under the agreement, Curvature Securities will act as Volato's sales agent for the potential sale of Class A common stock shares with an aggregate gross sales price of up to $3.7 million. The shares will be sold through methods defined as "at the market" offerings under Rule 415 of the Securities Act of 1933, including direct sales on NYSE American LLC.
The company will pay Curvature Securities a commission of up to 3% of the gross sales price of any shares sold, plus reimbursement for certain specified expenses related to the agent's services.
Sales will be conducted under a shelf registration statement on Form S-3 filed with the Securities and Exchange Commission on September 12, 2025, and declared effective on September 30, 2025. A prospectus supplement was dated March 27, 2026.
Volato may determine the amounts and timing of share sales at its discretion, subject to the agreement's terms and conditions. Neither the company nor the agent is obligated to sell or buy shares under the arrangement.
Both parties may suspend or terminate the share offering with proper notice and subject to other conditions. Curvature Securities will use commercially reasonable efforts consistent with its normal sales and trading practices to place the shares.
The agreement includes standard representations, warranties and covenants, with Volato agreeing to indemnify the agent against certain liabilities under securities laws.
