Volato completes merger with Alignment Engine, expands into AI data centers
SOAR•Trading update
Shares continue trading on NYSE American under the ticker SOAR.
Consideration and ownership structure
Former Alignment Engine securityholders received non-voting convertible preferred stock, options, and warrants targeting about 95% of fully diluted equity.
The preferred stock cannot convert before required stockholder and NYSE American listing approvals, leaving common-share ownership unchanged at closing.
Merger completed and business expanded into AI data centers
Volato completed its merger with Alignment Engine, expanding into AI data center infrastructure while maintaining its aviation software and AI operations.
The combined business plans phased AI compute deployments at an Ohio data center site already operating power, water, and water-treatment infrastructure.
