Dilution 9/10 · HIGHBy ShareStructure Research Desk · Sep 28, 2026
Volato's Pending Overhang Tops 1.7 Billion Shares — 35 Times Its Float
A reverse merger closed September 11 created convertible preferred stock that, once a stockholder vote unlocks conversion, would hand 95% of the fully diluted company to new holders while existing common shareholders are compressed to roughly 5%.