Summary by Moomoo AI
Volato Group, Inc. has announced a Special Meeting of Stockholders to be held virtually on October 3, 2024. The meeting will address several key proposals, including a reverse stock split, an increase in authorized shares of Class A common stock, and amendments to the company's Certificate of Incorporation to allow stockholder action by written consent and to reduce the quorum requirement. Additionally, the meeting will consider the adjournment of the Special Meeting if necessary. Stockholders as of the record date, September 3, 2024, are entitled to vote and have been provided with various methods to cast their votes. The Board of Directors has recommended voting in favor of all proposals. The company has also adopted a householding procedure to reduce printing and mailing costs by delivering a single copy of proxy materials to multiple stockholders sharing an address, unless contrary instructions are received.