Volato closes merger with Alignment Engine, giving Aligned holders 95% stake

• Volato Group closed its merger with Alignment Engine on Sept. 11, 2026, with Alignment merging into a Volato subsidiary.
• Revised terms set Alignment securityholders to own 95% of Volato Class A common stock on an as-converted, fully diluted basis.
• The calculation assumes a combined post-closing valuation of $508.5 million, reflecting a $500 million valuation for Alignment.
• Amendments also added a 180-day lock-up for Alignment securityholders on conversion shares.
• A third-party fairness opinion was obtained before closing; Volato’s board cleared the deal without a stockholder vote.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Volato Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-042429), on September 11, 2026, and is solely responsible for the information contained therein.