Volato Group, Inc. announced a stock dividend of shares of flyExclusive, Inc. to its shareholders.
Shareholders of Volato will receive approximately 0.0348 shares of flyExclusive common stock for each share of Volato Class A common stock held.
The dividend distribution is subject to regulatory requirements and the effectiveness of the registration statement on Form S-3.
Fractional shares of flyExclusive common stock will result in a cash payment instead.
Stock Dividend Approval
Board of Directors approved a stock dividend of flyExclusive shares to Volato shareholders.
Record Date
Shareholders of record as of December 26, 2025, will receive the dividend.
Broker Coordination
Volato is coordinating with its transfer agent to ensure a seamless dividend distribution process.
Strategic Value
The dividend reflects Volato's efforts to enhance shareholder value through partnerships in private aviation and technology sectors.
- The dividend provides Volato shareholders direct participation in flyExclusive, enhancing shareholder value.
- Volato aims to maximize shareholder value by aligning with partners in the private aviation sector.
The declaration of the stock dividend underscores Volato's commitment to shareholder value and strategic growth initiatives in the private aviation and technology industries.