Volato Group suspends convertible note facility, clears outstanding balance
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Volato Group Suspends Further Utilization of Convertible Note Facility; Outstanding Note Balance Reduced to Zero
April 14, 2026 8:00 AM EDTSubstantially Reducing Potential Dilution Overhang Ahead of Proposed M2i Global Transaction
ATLANTA--(BUSINESS WIRE)-- Volato Group, Inc. (NYSE American: SOAR) (Volato or the Company) today announced that it has suspended further borrowings/drawdowns under its convertible note facility (the Facility). The Company is not terminating the underlying securities purchase agreement but does not currently expect to access the Facility for additional convertible note funding.
In addition, the Company reported that all previously issued notes under the Facility have been converted in full, and there is currently no outstanding principal balance under the... More
