Volato Group Inc. (NYSE American: SOAR) announced that NYSE American has accepted its plan to regain compliance with continued listing standards. The acceptance allows the company's Class A common stock to continue trading while it executes the plan through December 17, 2026.

The company received notice on March 17, 2026, that it was not in compliance with NYSE American standards due to reporting a stockholders' deficit as of December 31, 2025, and losses from continuing operations in three of its four most recent fiscal years. Volato submitted its compliance plan on April 16, 2026, which was accepted on June 3, 2026.

The compliance plan outlines initiatives designed to improve stockholders' equity and financial performance while supporting the company's strategic transformation. Volato must provide periodic updates to NYSE Regulation regarding its progress during the plan period.

"NYSE American's acceptance of our plan is an important step as we continue working to strengthen Volato's financial position and execute our strategic transformation," said Matt Liotta, Chief Executive Officer.

The company noted there is no assurance it will regain compliance within the allotted period or that subsequent developments will not affect its ability to execute the plan. If Volato does not regain compliance by December 17, 2026, or fails to make progress consistent with its plan, NYSE Regulation may initiate delisting proceedings.

Volato describes itself as a technology company focused on building software and data solutions for business decisions. The company operates a document intelligence platform that enhances large language model performance for complex documents.