Volato receives NYSE American delisting warning over equity standards

Volato Group Inc. (NYSE American: SOAR) received a notice from NYSE American on March 17, 2026, stating the company does not meet continued listing standards for stockholders' equity requirements.

The exchange cited violations of two standards: companies with losses in two of three recent fiscal years must maintain at least $2 million in stockholders' equity, while those with losses in three of four recent fiscal years need at least $4 million in stockholders' equity.

Volato must submit a compliance plan by April 16, 2026, outlining steps to meet the requirements by December 17, 2026. The company's stock will continue trading under ticker "SOAR" during the nine-month compliance period.

The technology company's independent auditors included substantial doubt language about its ability to continue as a going concern in its 2025 annual report. The auditors' report does not constitute a qualified, adverse, or disclaimer opinion, and the financial statements were prepared according to U.S. generally accepted accounting principles.

The notice does not affect Volato's business operations or Securities and Exchange Commission reporting requirements. The company stated it is committed to regaining compliance but cannot guarantee success within the timeframe.

Volato operates a document intelligence platform and is pursuing a merger with M2i Global Inc. to expand into critical minerals.

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