Financing · Oct 9, 2026

Volato signs $1B equity line of credit with DFU, issuing commitment shares and preferred stock

SOARSOAR AI, Inc.

Volato Group entered into a Common Stock Purchase Agreement granting the right to sell up to $1 billion in newly issued Class A common stock to DFU LLC over 36 months. The company also issued 3,646,974 commitment shares and established Series B convertible preferred stock convertible into approximately 56.5 million common shares upon stockholder approval. Volato operates in the aviation technology sector.