🔴 SOAR is trading 5.01% down today after $2.2 million PIPE financing at $0.34 per share

SOAR is trading at $0.17 (-5.01%) after Volato Group announced a $2.2 million PIPE financing priced at $0.34 per share.

• The financing issued 6.5 million shares, which can pressure the stock as investors react to dilution and the discounted capital raise.
• The move is also occurring against a weak tape, with the Nasdaq Composite down 1.46% and broader tech sentiment under pressure.