Proof Acquisition Corp I (Nasdaq: PACI), sponsored by Proof Acquisition Sponsor I, LLC, completed its initial public offering in 2022 with a focus on the technology-enabled transportation and aviation sector. The blank-check company announced a proposed business combination with Volato Group, Inc., an Atlanta-based private aviation operator offering fractional jet ownership and on-demand charter services via its HondaJet fleet. The August 2023 Form 8-K filing marks a key disclosure milestone in the de-SPAC process, as the transaction moved toward shareholder approval and regulatory clearance. Volato represents one of the few growth-stage private aviation targets to pursue a SPAC merger pathway during the 2023 market cycle. Sign up for full data, filings, and deal timelines on SpacDesk.