🟢 Volato Group is trading 6% up in after-hours trading after $500 million Alignment Engine merger announcement

Volato Group is trading at $0.23, up +6.01% after announcing an approximately $500 million all-stock merger with Alignment Engine, an AI infrastructure company.

• The deal redirects the business toward data centers, high-performance computing, and artificial intelligence infrastructure.
• The combined company is expected to remain publicly traded through Volato’s listing, with Alignment Engine’s CEO leading after closing.
• Recent trading has been highly volatile, including a 55.31% gain on August 26.