Volato doubles Vaunt ARR to $3M

Volato Group (SOAR) reported that Vaunt annual recurring revenue doubled to approximately $3M in Q1, while total debt declined by nearly 80% year-over-year to approximately $8.3M, positioning the Company below a key closing threshold for its proposed merger with M2i Global (MTWO). Volato has filed an updated registration statement on Form S-4 with the U.S. Securities and Exchange Commission in connection with its previously announced merger with M2i Global and has scheduled a special meeting of stockholders for April 20, 2026. The Company expects total debt to decline to approximately $8.3M as of March 31, representing a reduction of nearly 80% from $39.2M one year ago and positioning Volato below the $10M closing condition in the merger agreement.