PROOF Acquisition I(PACI) - 2025 Q1 - Quarterly Results

Volato Reports Positive Net Income in Q1 2025 and Over $20 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 ...