Dykema Represents Volato Group in Merger with Alignment Engine Inc.

Dykema, a leading national law firm, represented Volato Group, Inc. (NYSE American: SOAR) in its recently completed merger with Alignment Engine Inc., a transaction that expands Volato’s business into artificial intelligence infrastructure while the company continues to operate and grow its existing aviation software and AI businesses.

Through the transaction, Volato adds Alignment Engine’s AI infrastructure platform, including an initial Ohio data center site where power, water, and water treatment infrastructure are already operational. The combined company plans to support high-density GPU compute, AI training and inference, high-performance networking and storage, and other compute-intensive workloads.

Under the terms of the merger agreement, former Alignment Engine securityholders received non-voting convertible preferred stock and replacement options and warrants that, following the required stockholder and NYSE American approvals for conversion or exercise, are intended to collectively represent approximately 95% of Volato’s fully diluted equity immediately prior to the merger. Volato’s common stock continues to trade on the NYSE American under the ticker symbol “SOAR.”

Dykema’s deal team included Kate Bechen, Robin Lehninger, Louis Kern, Hallie Heath, and Canaan Catlett.