Company Volato Group, Inc.

Equities

SOAR

US74349W1045

Airlines

Real-time Estimate Cboe BZX 03:00:04 2024-05-15 pm EDT 5-day change 1st Jan Change
1.51 USD +0.67% Intraday chart for Volato Group, Inc. -15.25% -60.26%

Business Summary

Volato Group, Inc. is a private aviation company. The Company specializes in luxury private jet, fractional ownership, aircraft management, jet card, deposit, and charter programs. Its fractional programs offer flexible hours and a revenue share for owners in a fleet of HondaJets, which are optimized for missions of up to four passengers. All Volato Part 135 charter flights are operated by its DOT/FAA-authorized air carrier subsidiary (G C Aviation, Inc. d/b/a Volato) or by an approved vendor air carrier. G C Aviation, Inc. is its Part 135 operator and provides flight services, aircraft management, private aircraft charter services, and maintenance support. Its fleet is primarily composed of the HondaJet HA-420 and Gulfstream G280. Its HondaJet HA-420 is a luxury light jet. The Company’s cloud-based software, Mission Control, is an API-first solution for the management of its business. Mission Control provides a range of features, including Avinode data integration and synchronization.

Number of employees: 229

Members of the board

Members of the board TitleAgeSince

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 6,900,000 0 0 42.79 %
Stock B 1 29,258,087 15,472,966 ( 52.88 %) 0

Shareholders

NameEquities%Valuation
PROOF Acquisition Sponsor I LLC
18.83 %
5,507,813 18.83 % 10 M $
4,791,271 16.38 % 9 M $
3,466,153 11.85 % 6 M $
Cohen & Company Financial Management LLC
5.172 %
1,512,946 5.172 % 3 M $
Highbridge Capital Management LLC
3.637 %
1,063,911 3.637 % 2 M $
Vanguard Group, Inc. (Subfiler)
0.5427 %
158,745 0.5427 % 292 091 $
Boston Financial Management LLC
0.4746 %
138,829 0.4746 % 255 445 $
LB Hercules Holdings LLC
0.3960 %
115,846 0.3960 % 213 157 $
Keith Rabin
0.3111 %
90,995 0.3111 % 167 431 $
Calton & Associates, Inc.
0.2735 %
80,000 0.2735 % 147 200 $
NameEquities%Valuation
Highbridge Capital Management LLC
-
1,230,638 - 110 757 $
Calton & Associates, Inc.
-
1,225,000 - 110 250 $
Gritstone Asset Management LLC
-
950,000 - 85 500 $
Calamos Advisors LLC
-
750,000 - 67 500 $
Periscope Capital, Inc.
-
600,000 - 54 000 $
Cubist Systematic Strategies LLC
-
579,270 - 52 134 $
Aristeia Capital LLC
-
569,700 - 51 273 $
Verition Fund Management LLC
-
472,771 - 42 549 $
Goldman Sachs & Co. LLC
-
438,640 - 39 478 $
Polar Asset Management Partners, Inc.
-
375,000 - 33 750 $
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