Volato Group, Inc. (NYSE American: SOAR), which is in the process of rebranding as SOAR AI, Inc. ("SOAR AI" or the "Company"), today announced that it has entered into a common stock purchase agreement with an institutional investor (the "Investor") for an equity facility of up to $1 billion. The Company may sell shares to the Investor from time to time, at its sole discretion, and has no obligation to sell any shares or to use the facility at all.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.