🇺🇸Volato (SOAR) disclosed a definitive merger with Alignment Engine; closing remains conditional, while preferred-share conversion requires shareholder approval.

Volato Group, Inc. (SOAR) disclosed that it had executed a definitive merger agreement with Alignment Engine. The parties said they expected to close shortly after execution, but completion remained subject to the satisfaction or waiver of applicable closing conditions.

The merger closing itself is not conditioned on Volato stockholder approval. A later stockholder meeting will instead address the conversion of convertible preferred stock issued to Alignment Engine’s shareholders into Volato Class A common shares.

The filed press release describes Alignment Engine as developing infrastructure for energy-efficient artificial-intelligence workloads from a powered industrial campus in Ohio. It lists powered data-center infrastructure, high-performance GPU compute, advanced networking, AI training and inference infrastructure, proprietary technology, and capacity for other compute-intensive workloads as elements of Alignment Engine’s platform; these are company disclosures, not completed operating results independently verified by the filing.