- Entry
- $0.1356
- Now
- $0.1547 +14.1%
- Target
- —
- Score
- —
Volato terminated the M2i Global reverse merger on June 4. Their 8-K said they did it as part of evaluating strategic alternatives after receiving unsolicited letters of intent they believed could offer greater shareholder value. Since then: • Closed a $2.2M PIPE at $0.34 (led by Flyte/VTAK) • Multiple unsolicited LOIs in AI infrastructure / data infrastructure / power • Q2 prelim: eliminated all convertibles, \~$8.4M cash, liabilities (ex-deferred) down \~75%, Vaunt ARR projected \~$4.7M • August 4 PR language: …
— ORIGINAL POST ·
SOAR (Volato) – Bottom is in. M2i is dead. New AI infrastructure buyer of the public shell is the next catalyst.
· r/pennystocks
· Aug 7, 2026