Volato closes merger with Alignment Engine, giving Aligned holders 95% stake
SOAR•Merger closes with revised ownership terms
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.




