Volato Group reports $5.5 million cash balance at March 31

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Volato Group Confirms $5.5 Million Pro-Forma Cash Balance at March 31, 2026 for $0.14 Cash per Share Value

May 18, 2026 9:00 AM EDT

ATLANTA--(BUSINESS WIRE)-- Volato Group, Inc. (NYSE American: SOAR) (the Company or Volato) today announced that its pro-forma cash balance was $5.5 million at March 31, 2026. This pro-forma cash balance equates to $0.14 cash per share. The pro-forma calculation includes cash raised in April from its now completed ATM Prospectus Supplement filed on March 30, 2026.

Volato filed its Quarterly Report on Form 10Q for the period ended March 31, 2026 on May 15, 2026.

Volatos merger with M2i Global (OTCQB: MTWO) has been approved by both companys shareholders and is expected to close in the second quarter of 2026,... More