Summary by Moomoo AI
Hoop Capital, LLC, an affiliate of Volato Group, Inc., has filed a notice to sell 459,005 shares of common stock on December 24, 2024. The aggregate market value of the shares to be sold is $0.24 per share.The securities were originally acquired by Hoop Capital on December 1, 2023, through a SPAC/Merger transaction with Volato Group, Inc. The total amount of securities acquired at that time was 3,466,153 shares, paid for in cash. This planned sale represents approximately 13.2% of the initially acquired shares.The company reported no securities sold during the past three months prior to this notice. The notice for this transaction was filed on December 23, 2024, one day before the planned sale date.