Form 8-K
8-K — Volato Group, Inc.
Accession: 0001493152-26-027518
Filed: 2026-06-05
Period: 2026-06-04
CIK: 0001853070
SIC: 4522 (AIR TRANSPORTATION, NONSCHEDULED)
Item: Termination of a Material Definitive Agreement
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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
PURSUANT
TO SECTION 13 OR 15(D)
OF
THE SECURITIES EXCHANGE ACT OF 1934
Date
of Report (Date of earliest event reported):
June 4, 2026
VOLATO
GROUP, INC.
(Exact
name of registrant as specified in its charter)
Delaware
001-41104
86-2707040
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)
1954
Airport Road, Suite 124
Chamblee,
GA 30341
(Address
of principal executive offices) (zip code)
844-399-8998
Registrant’s
telephone number, including area code
(former
name or former address, if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
☐
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class
Trading
Symbol(s)
Name
of each exchange on which registered
Class
A Common Stock
SOAR
NYSE
American LLC
Warrants,
each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50
SOARW
OTC
Markets Group, Inc.
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ☒
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item
1.02 Termination of a Material Definitive Agreement
As
previously disclosed, on July 28, 2025, Volato Group, Inc., a Delaware corporation (the “Company”), entered into an Agreement
and Plan of Merger and Reorganization (as subsequently amended, the “Merger Agreement”) with Volato Merger Subsidiary, Inc.,
a Nevada corporation and wholly-owned subsidiary of the Company (“Merger Sub”), and M2i Global, Inc., a Nevada corporation
(“M2i Global”), pursuant to which Merger Sub would merge with and into M2i Global, with M2i Global surviving the merger as
a wholly-owned subsidiary of the Company.
On
June 4, 2026, the Company delivered written notice to M2i Global terminating the Merger Agreement pursuant to Section 10.1 thereof and
abandoning the transactions contemplated thereby. Under the Merger Agreement, the merger was required to be consummated by an outside
date of March 31, 2026 (as extended pursuant to Amendment No. 1 to Agreement and Plan of Merger and Reorganization, dated January 19,
2026), and the merger was not consummated by that date. The Company did not incur, and will not incur, any termination fee or penalty
in connection with the termination of the Merger Agreement. The termination of the Merger Agreement shall have the effects set forth
in Section 10.2 thereof.
The
Company terminated the Merger Agreement as part of its evaluation of strategic alternatives. In connection with that process, the Company
has received and is evaluating unsolicited letters of intent, that the Company believes may provide greater value to its shareholders
than the transactions contemplated by the Merger Agreement.
The
Company intends to continue evaluating other possible strategic transactions and opportunities to enhance shareholder value. However,
there can be no assurance that any such discussions, evaluations or efforts will result in a definitive agreement or completed transaction.
Forward
Looking Statements
This
Current Report on Form 8-K contains certain statements that may be deemed to be “forward-looking statements” within the federal
securities laws, including the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. Forward-looking statements
can be identified by the fact that they do not relate strictly to historical or current facts. They often include words or variation
of words such as “expects,” “anticipates,” “intends,” “plans,” “believes,”
“seeks,” “estimates,” “projects,” “forecasts,” “targets,” “would,”
“will,” “should,” “goal,” “could” or “may” or other similar expressions.
Forward-looking statements provide management or the board’s current expectations or predictions of future conditions, events,
or results. All statements that address operating performance, events, or developments that may occur in the future are forward-looking
statements, including statements regarding the Company’s evaluation of potential strategic transactions and the expected effects
of the termination of the Merger Agreement. All forward-looking statements speak only as of the date they are made and reflect the Company’s
good faith beliefs, assumptions, and expectations, but they are not guarantees of future performance or events. Furthermore, Volato disclaims
any obligation to publicly update or revise any forward-looking statement, except as required by law. By their nature, forward-looking
statements are subject to risks and uncertainties that could cause actual results to differ materially from those suggested by the forward-looking
statements. Factors that might cause such differences include, but are not limited to, the risk that the Company may be unable to identify
or consummate an alternative strategic transaction on acceptable terms or at all, the risk that the termination of the Merger Agreement
may adversely affect the Company’s business, financial condition or stock price, the risk that the Company may not be able to maintain
compliance with all continued listing requirements of NYSE American, and a variety of economic, competitive, and regulatory factors,
many of which are beyond Volato’s control, that are described in Volato’s periodic reports filed with the SEC, including
its Annual Report on Form 10-K for the fiscal year ended December 31, 2025, subsequent reports filed with the SEC, and other factors
that Volato may describe from time to time in other filings with the SEC. You should understand that it is not possible to predict or
identify all such factors and, consequently, you should not consider any such list to be a complete set of all potential risks or uncertainties.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
Date:
June 5, 2026
Volato
Group, Inc.
By:
/s/
Mark Heinen
Name:
Mark
Heinen
Title:
Chief
Financial Officer
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Entity Incorporation, State or Country Code
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