Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
An announcement from Volato Group ( (SOAR) ) is now available.
On December 4, 2024, Volato Group, Inc. entered into a Securities Purchase Agreement with an institutional investor to issue senior unsecured convertible promissory notes totaling up to $36,000,000. The first tranche was closed on December 4, 2024, with an initial note of $4,500,000, and the second tranche was completed on June 13, 2025, with a note of $1,500,000. These notes, sold at a 10% discount, are convertible into the company’s Class A common stock and are exempt from registration under the Securities Act.
Spark’s Take on SOAR Stock
According to Spark, TipRanks’ AI Analyst, SOAR is a Underperform.
The overall stock score of 39 reflects the significant financial struggles faced by Volato Group, including revenue declines, high leverage, and liquidity issues. The technical indicators suggest some potential for short-term stabilization, but the negative valuation and recent corporate events pose additional risks. The combination of these factors results in a low attractiveness for investors.
To see Spark’s full report on SOAR stock, click here.
More about Volato Group
Average Trading Volume: 1,569,438
Technical Sentiment Signal: Sell
Current Market Cap: $4.51M
Find detailed analytics on SOAR stock on TipRanks’ Stock Analysis page.