flyExclusive to acquire Volato aircraft sales division for $2.1M in stock

flyExclusive (FLYX) announced it has entered into a structured agreement with Volato (SOAR) to acquire Volato’s aircraft sales division, expected to generate $6M-$8M in profit in fourth quarter 2025, for $2.1M in stock. The agreement also grants flyExclusive the right to acquire additional technology platforms, including Vaunt, a luxury experiential travel app providing access to private jet empty legs, and Mission Control, a flight management private aviation operation software. flyExclusive will issue $2.1M of stock immediately to Volato, to be distributed directly to Volato shareholders via a dividend, in exchange for Volato’s aircraft sales division. flyExclusive also secures the right to acquire Vaunt and Mission Control, along with other IP, for an additional $2M of stock, providing flexibility to bring these growth assets fully in-house.