Volato Group Stockholder Meeting Adjourned Again

Volato Group ( (SOAR) ) has issued an announcement.

On April 15, 2025, Volato Group, Inc. held a special meeting of stockholders to vote on two proposals. However, due to insufficient representation of shares, no business was conducted, and the meeting was adjourned. The meeting was reconvened on May 6, 2025, but again, insufficient shares were represented, leading to another adjournment until May 7, 2025. The meeting will continue at the same virtual link, with no changes to the record date or proposals.

Spark’s Take on SOAR Stock

According to Spark, TipRanks’ AI Analyst, SOAR is a Underperform.

The overall score reflects significant financial challenges, including declining revenues, negative equity, and liquidity issues, as the most critical factors. The technical analysis suggests a bearish trend with potential overbought conditions, and the negative P/E ratio underscores valuation concerns. The absence of profitability and dividends further dampens the stock’s appeal.

To see Spark’s full report on SOAR stock, click here.

More about Volato Group

Average Trading Volume: 253,278

Technical Sentiment Signal: Sell

Current Market Cap: $4.58M

Find detailed analytics on SOAR stock on TipRanks’ Stock Analysis page.