newsfilter
← Latest News
Business Wire·

Volato Group Announces NYSE American Acceptance of Compliance Plan

SOAR
  • Volato Group, Inc. (NYSE: SOAR) received notice from NYSE Regulation that NYSE American accepted its plan to regain compliance with listing standards.
  • The acceptance allows Volato's Class A common stock to continue trading while the company executes its financial & strategic stabilization efforts.
  • NYSE American previously notified Volato on March 17, 2026, of non-compliance due to a stockholders' deficit as of December 31, 2025, & losses in three of its four most recent fiscal years.
  • Volato submitted its compliance plan on April 16, 2026, which was reviewed & accepted by NYSE Regulation on June 3, 2026.
  • The company has been granted a plan period through December 17, 2026, to regain compliance, subject to continued periodic review by NYSE Regulation.
  • The compliance plan outlines initiatives to improve stockholders' equity & financial performance while supporting Volato's strategic transformation.
  • CEO Matt Liotta stated that accepting the plan is an important step toward strengthening the financial position & building long-term shareholder value.
  • There is no assurance that Volato will regain full compliance by December 17, 2026, or that failure to make sufficient progress will not lead to delisting proceedings.
  • Volato focuses on building scalable software & data solutions, including its Parslee Document Intelligence platform which enhances large language models.
  • The press release includes forward-looking statements regarding future performance, compliance, & growth strategy, which are subject to risks & uncertainties.