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PROOF Acquisition I(PACI) - 2025 Q1 - Quarterly Results
PACIPROOF Acquisition I(PACI)2025-05-15 20:06

Volato Reports Positive Net Income in Q1 2025 and Over 20MillioninDebtReduction;TargetsAdditionalSettlementsandCapitalRaisetoExtendOperatingRunwayAtlanta,GA–May15,2025–VolatoGroup,Inc.(NYSEAmerican:SOAR)("Volato"orthe"Company"),aprivateaviationinnovator,todayannouncedfinancialresultsforthefirstquarterof2025,achievingprofitabilityfromcontinuingoperationsandreducingtotalliabilitiesbyover20 Million in Debt Reduction; Targets Additional Settlements and Capital Raise to Extend Operating Runway Atlanta, GA – May 15, 2025 – Volato Group, Inc. (NYSE American: SOAR) ("Volato" or the "Company"), a private aviation innovator, today announced financial results for the first quarter of 2025, achieving profitability from continuing operations and reducing total liabilities by over 20 million. The Company also disclosed its intention to raise add ...