Volato Group, Inc. Receives NYSE American Continued Listing Standards Notice; Auditor Flags “Going Concern”

ATLANTA, GA – March 20, 2026: Volato Group, Inc. (NYSE American: SOAR) has announced that it received a notice from the NYSE American LLC on March 17, 2026, indicating the company is not in compliance with continued listing standards. This development is significant for shareholders and potential investors, as it may have direct implications on Volato’s stock price, trading status, and overall financial outlook.

Key Points from the Report

• Notice of Non-Compliance: Volato Group received a formal notice from NYSE American stating the company does not meet the continued listing standards outlined in Sections 1003(a)(i) and 1003(a)(ii) of the NYSE American Company Guide. Specifically:
  • Section 1003(a)(i) requires companies to have stockholders’ equity of at least \$2.0 million if they have reported losses from continuing operations and/or net losses in two of their three most recent fiscal years.
  • Section 1003(a)(ii) requires companies to have stockholders’ equity of at least \$4.0 million if they have reported losses from continuing operations and/or net losses in three of their four most recent fiscal years.
• Action Required: Volato must submit a compliance plan to NYSE American by April 16, 2026, detailing actions taken or to be taken to regain compliance by December 17, 2026. If the plan is not accepted, delisting proceedings will commence.
• No Immediate Impact: The notice does not immediately affect the listing or trading of Volato’s common stock, which will continue to trade under the ticker “SOAR” on NYSE American during the nine-month compliance period, provided the company meets other listing standards.
• Business Operations Unaffected: The company emphasized that this notice does not impact its ongoing business operations or SEC reporting requirements.
• Commitment to Compliance: Volato stated its commitment to regaining compliance but cautioned that there is no guarantee it will do so within the allotted time.

Important Information for Shareholders

• Potential Delisting: Failure to regain compliance by the deadline could lead to delisting from NYSE American, which would significantly affect liquidity and the ability to trade shares on a major U.S. exchange.
• “Going Concern” Explanatory Paragraph: The company’s independent auditor included a “going concern” explanatory paragraph in its report for the fiscal year ended December 31, 2025. This indicates substantial doubt about Volato’s ability to continue as a going concern, a red flag for both current and prospective investors. The company clarified this is not a qualification, adverse opinion, or disclaimer of opinion, and its financial statements remain prepared in accordance with U.S. GAAP.
• Price Sensitivity: Both the listing notice and the auditor’s “going concern” comment are material events that could impact investor confidence and share price. Regulatory actions, investor sentiment, and possible changes in trading status should be closely monitored.
• Press Release & Transparency: Volato issued a press release on March 20, 2026, reaffirming its commitment to compliance and transparency regarding the notice and auditor findings.

Company Profile and Recent Developments

• Business Focus: Volato Group is a technology company specializing in scalable software and data solutions for high-stakes business decisions. Its Parslee Document Intelligence platform enhances large language models (LLMs) for complex document analysis. The company is expanding into the critical minerals sector via a proposed merger with M2i Global, aiming to improve supply chain transparency and intelligence for U.S. national security and advanced technologies.

Forward-Looking Statements

Volato’s report and press release contain forward-looking statements regarding its growth strategy, compliance efforts, and business outlook. These statements are subject to risks and uncertainties, including economic, competitive, and regulatory factors that could cause actual results to differ materially from expectations. Investors should review Volato’s periodic reports filed with the SEC for further details on risk factors.

Disclaimer: This article is based on Volato Group, Inc.’s SEC filings and press releases dated March 20, 2026. It is not investment advice. Investors should conduct their own due diligence and consult financial professionals before making investment decisions. Forward-looking statements are subject to change without notice, and actual outcomes may differ materially from those projected.

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