Volato Group Secures $1 Billion Equity Facility for AI Infrastructure Expansion

Key Facts

Volato Group, currently rebranding as SOAR AI, entered into a common stock purchase agreement with an institutional investor for an equity facility of up to $1 billion. Business Wire reported that the agreement allows the company to sell common stock to the investor at its discretion to fund the expansion of its AI infrastructure platform.

The stock, trading under the ticker SOAR, closed at $0.3101 on October 9, 2026, after reaching a session high of $0.3471 and a low of $0.2992. This capital injection is intended to provide the necessary liquidity for the company's strategic shift toward AI infrastructure as it undergoes its corporate rebranding process.