Volato Group, Inc. 8-K

What Happened
Volato Group, Inc. (ticker: SOAR) reported that on March 17, 2026 it received a notice from NYSE American that it does not meet the exchange’s continued listing standards under Section 1003(a)(i) and (ii) of the NYSE American Company Guide. The notice cites the Company’s stockholders’ equity shortfall relative to required thresholds for companies reporting losses. The Company must submit a plan to NYSE American by April 16, 2026 and has until December 17, 2026 to regain compliance. Volato issued a related press release on March 20, 2026. The notice does not have an immediate effect on the listing — SOAR will continue to trade on NYSE American during the nine‑month remediation period, subject to other continued listing requirements.

Key Details

• Notice received: March 17, 2026; Plan submission deadline: April 16, 2026; compliance cure deadline: December 17, 2026.
• NYSE American standards cited: Section 1003(a)(i) (requires $2.0M stockholders’ equity if losses in 2 of 3 years) and Section 1003(a)(ii) (requires $4.0M equity if losses in 3 of 4 years).
• If the Plan is not permitted or accepted, delisting proceedings will commence per NYSE American procedures.
• Company issued a press release on March 20, 2026 (Exhibit 99.1); 8‑K signed by CFO Mark Heinen.

Why It Matters
The filing signals that Volato currently does not meet NYSE American’s equity-based listing requirements and must present an acceptable remediation plan. If the plan is not accepted, delisting proceedings could begin, which would change the Company’s listing status and affect how the stock trades. The Company says it is committed to regaining compliance but cannot guarantee success, so investors should monitor future filings and company announcements for updates on the Plan and NYSE American’s response.