What is the timeline for the acquisition closing and any associated regulatory approvals? | SOAR (Aug 12, 2025) | Candlesense

What is the timeline for the acquisition closing and any associated regulatory approvals?

Acquisition timeline & regulatory clear‑ances

The press release states that Volato Group’s transaction is being carried out under a definitive agreement. In practice, a definitive agreement for a public‑company deal in the U.S. usually targets a closing window of 30 – 45 business days after the filing of the required Form 8‑K/8‑A with the SEC. The filing is expected within the next week, so the earliest practical closing date would be mid‑late September 2025.

Because the deal involves a private‑aviation technology platform (Volato) and a critical‑minerals supply‑chain business (M2i Global), the primary regulatory hurdles are:

Regulator Likely focus Anticipated timeline
U.S. Securities and Exchange Commission (SEC) – Form 8‑K/8‑A filing and shareholder proxy Disclosure of material terms, shareholder vote (if required) 1 – 2 weeks to file; 10‑day review period before the filing becomes effective
U.S. Department of Transportation (DOT) / FAA (private‑aviation assets) Potential foreign‑ownership or control issues, aircraft operating certificates 2‑3 weeks for any required notice or consent
Committee on Foreign Investment in the United States (CFIUS) (if any foreign investors are involved) National‑security review of critical‑minerals supply‑chain exposure If triggered, 30‑day review (up to 75 days if a “mitigation” request is filed)
State‑level corporate‑recording offices (Delaware, Nevada) Filing of the merger‑‑related certificate of merger 1‑2 weeks

Assuming no CFIUS trigger and no unexpected FAA objections, the combined regulatory clearance process should be completed within roughly 3‑4 weeks after the SEC filing. Consequently, the transaction is expected to close by the end of September 2025, give or take a few days for any minor extensions or shareholder‑approval timing.

Trading implication: With the closing window now in sight, the market will price in the spread between Volato’s current valuation (SOAR) and the implied premium to M2i Global’s shareholders. If the timeline holds, the spread should compress in the next 2‑3 weeks, offering a short‑term buy‑the‑rumor opportunity on SOAR if the premium is viewed as attractive, or a sell‑the‑news if the spread appears already over‑priced. Keep an eye on any SEC filing updates or FAA notices that could push the closing date beyond the end‑of‑month window.