Volato Group Inc. Files IPO Amendment
Ticker: SOARW · Form: S-1/A · Filed: May 9, 2025 · CIK: 1853070
| Field | Detail |
|---|---|
| Company | Volato Group, Inc. (SOARW) |
| Form Type | S-1/A |
| Filed Date | May 9, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: ipo, registration-statement, amendment
TL;DR
Volato Group Inc. (formerly PROOF Acquisition Corp I) filed an S-1/A for its IPO. Get ready for potential new shares.
AI Summary
Volato Group, Inc. filed an S-1/A amendment on May 9, 2025, for its initial public offering. The company, formerly PROOF Acquisition Corp I, is incorporated in Delaware and operates in air transportation. Its principal executive offices are located at 1954 Airport Road, Suite 124, Chamblee, Georgia.
Why It Matters
This S-1/A filing indicates Volato Group, Inc. is moving forward with its public offering, which could provide capital for expansion and increase its market presence in the air transportation sector.
Risk Assessment
Risk Level: medium — As a company undergoing an IPO, Volato Group faces inherent market risks and uncertainties associated with public trading and capital raising.
Key Numbers
- 333-287015 — SEC File Number (Identifies the specific registration filing with the SEC.)
- 0001853070 — Central Index Key (Unique identifier for the company in the SEC EDGAR system.)
Key Players & Entities
- Volato Group, Inc. (company) — Registrant
- PROOF Acquisition Corp I (company) — Former company name
- May 9, 2025 (date) — Filing date
- Matthew Liotta (person) — Chief Executive Officer
- 1954 Airport Road Suite 124 Chamblee, Georgia (location) — Principal executive offices
- 333-287015 (registration_number) — SEC File Number
FAQ
What is the purpose of this S-1/A filing?
This is an amendment (Amendment No. 1) to the Form S-1 Registration Statement filed by Volato Group, Inc. to register its securities for public offering.
When was this amendment filed?
This amendment was filed with the Securities and Exchange Commission on May 9, 2025.
What was Volato Group, Inc. formerly known as?
Volato Group, Inc. was formerly known as PROOF Acquisition Corp I, with a date of name change on March 24, 2021.
Where are Volato Group, Inc.'s principal executive offices located?
The principal executive offices are located at 1954 Airport Road, Suite 124, Chamblee, Georgia, 30341.
Who is the Chief Executive Officer of Volato Group, Inc.?
Matthew Liotta is the Chief Executive Officer of Volato Group, Inc.
Filing Details
This Form S-1/A (Form S-1/A) was filed with the SEC on May 9, 2025 by Matthew Liotta regarding Volato Group, Inc. (SOARW).