SOAR — Who's Buying and Selling (13F)

Volato Group (SOAR) appointed David Allen as an independent director to its board and committees (audit, nominating, compensation) on July 22, 2026. It also finalized an employment agreement with CFO Mark Heinen: a $310,000 base salary, annual bonus target of 100% of base (max 200%), a one-time $50,000 performance bonus, and a $100,000 retention bonus tied to a board-approved strategic business combination. The agreement includes severance of 12 months' salary and an enhanced severance upon a change in control.

Volato Group issued a press release on July 6, 2026, reporting preliminary financial results and an operating update for the second quarter ended June 30, 2026. The company eliminated all convertible notes during the quarter, ended with about $8.4 million in cash, recorded record Vaunt cash sales of $2.2 million, and booked over 2,500 flights through its Vaunt platform. Vaunt had approximately 2,743 active paid members and 346,000 cumulative app downloads. Total liabilities (excluding deferred revenue) declined. The company cautioned that these results are preliminary and may change.

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