M2i Global (OTC:MTWO) announced the initial filing of its confidential registration statement on Form S-4 with the US Securities and Exchange Commission (SEC) in connection with the company’s proposed business combination with Volato Group, Inc (NYSE American: SOAR), a private aviation company.
M2i Global said by combining its critical mineral strategy with Volato’s technology capabilities, the combined company will be positioned to serve multiple sectors central to US economic growth and national security, including advanced technologies, infrastructure, and critical mineral independence.
The company added that the business combination continues to strengthen positioning that aligns with US mineral independence strategy.
M2i Global noted that Volato will not be required to make any cash payment to M2i Global or its security holders in connection with the transaction.
M2i Global, through its subsidiary US Minerals and Metals Corp, provides engineering, research, and services that integrate people, technology, and solutions from across sectors to ensure access to critical minerals and metals for national defense and economic security.