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To fund expansion of AI infrastructure platform
Volato Group, Inc.'s subsidiary, SOAR AI, has secured an equity facility of up to $1 billion. The facility will be used to fund the expansion of SOAR AI's artificial intelligence infrastructure platform.
The equity facility amounts to $1 billion. This funding will support the growth and development of SOAR AI's platform, enhancing its capabilities and market reach.
Volato Group, Inc. has a free float of 27,477,986 shares and 53,633,248 shares outstanding.
This summary was generated by AI from public sources and may contain errors. Not financial advice. Trade at your own risk.