Summary by Moomoo AI
Volato Group has officially implemented two significant amendments to its Second Amended and Restated Certificate of Incorporation, which were previously approved by stockholders on October 3, 2024. The changes became effective upon filing with Delaware's Secretary of State on October 28, 2024.The key modifications include expanding the authorized Class A common stock from 81 million to 201 million shares, representing a substantial 148% increase in potential share issuance capacity. Additionally, the amendments grant stockholders the right to act by written consent, enhancing shareholder governance capabilities.
