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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): September 30, 2025

 

 

 

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 $287.50   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 1.01 Entry Into a Material Definitive Agreement.

 

On September 30, 2025, Volato Group, Inc., a Delaware corporation (the “Company”), entered into Share Exchange Agreements (the “Agreements”), with Tysadco Partners, LLC, a Delaware limited liability company, and Douglas Cole (the “Investors”). The Investors are shareholders of M2i Global, Inc., a Nevada corporation (“M2i Global”), whose common stock is publicly traded on the OTCQB Venture Market of OTC Markets Group, Inc. under the symbol “MTWO”. Pursuant to the Agreements, the Company agreed to issue an aggregate of 1,197,604 shares of the Company’s Class A common stock (the “Volato Shares”) to the Investors in exchange for an aggregate of 16,000,000 shares of M2i Global common stock (the “M2i Shares”). With an implied value of $0.125 per share for the M2i Shares and $1.67 per share for the Volato Shares, the exchange was valued at an aggregate of $2,000,000.

 

The Volato Shares issued to the Investors have not been registered under the Securities Act of 1933, as amended (the “Securities Act”). However, the Company has agreed to promptly, but in no event later than sixty (60) days following the issuance of the Volato Shares, file a registration statement with the Securities and Exchange Commission for the purpose of registering the resale of the Volato Shares.

 

The Agreements contain customary representations, warranties, agreements and obligations of the parties. Among other things, the Investors represented to the Company that they are each an “accredited investor” (as such term is defined in Rule 501(a) of Regulation D under the Securities Act). The Company offered and issued the Volato Shares in reliance upon the exemptions from registration contained in Section 4(a)(2) of the Securities Act and Regulation D promulgated thereunder.

 

The foregoing description of the Agreements does not purport to be complete and is qualified in its entirety by reference to the Agreements, a form of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.

 

Item 3.02 Unregistered Sales of Equity Securities.

 

The information set forth under Item 1.01 above of this Current Report on Form 8-K is incorporated by reference in this Item 3.02.

 

Item 9.01. Financial Statements and Exhibits.

 

  (d) Exhibits.

 

Exhibit No.   Description
     
10.1   Form of Share Exchange Agreement, dated September 30, 2025, between the Company and certain shareholders of M2i Global, Inc.
     
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

 

 

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: September 30, 2025

 

  Volato Group, Inc.
     
  By: /s/ Mark Heinen
  Name: Mark Heinen
  Title: Chief Financial Officer