Volato Group, Inc.

Proof Acquisition Corp I, which traded on the Nasdaq under the ticker PACI, was a blank-check special purpose acquisition company incorporated in 2021 and sponsored by Proof Acquisition Sponsor I, LLC. The company completed its initial public offering in 2021 with a focus on the transportation and aviation sector. In May 2022, PACI filed its quarterly report on Form 10-Q covering operations during its search phase. The SPAC subsequently announced and completed a business combination with Volato Group, Inc., a fractional aircraft ownership and private aviation services company, with the transaction closing in late 2023, after which the combined entity operated as Volato Group. Sign up for SpacDesk to access the full filing history, deal timeline, sponsor economics, and comparable SPAC transaction data for PACI and hundreds of other vehicles.