Volato Plans to Go Public on the New York Stock Exchange via SPAC Merger
Once the SPAC merger is completed, Volato is expected to have an enterprise value of $261 million.
Once the SPAC merger is completed, Volato is expected to have an enterprise value of $261 million.
CubCrafters, the light-sport, experimental, and backcountry aircraft company, could soon become a publicly traded company. The company announced Tuesday it earned a qualification through the Securities and Exchange Commission (SEC) to make a $50 million public stock offering. Using the exemption, the company said it would be the first time outside investors would have an […]
With the Gulfstream G280, Volato will opt for a 10-seat configuration to appeal to the super mid-size cabin fractional customer. Through this offering, Volato would also become the first company to operate the G280 through the fractional model and will take delivery of its first G280 in early 2024.
The airline offers an improved proposal, increased by $150 million ahead of the Frontier vote.
Frontier merger is ‘advancing as planned,’ said Spirit’s chairman.
The commercial space company is experiencing another round of delays, resulting in another drop in stock value.