PROOF Acquisition Corp I WT
PACI-WT
New York Stock Exchange0.06
USD
-0.01
- -
CIK
0001853070
Return %
Stock
S&P500
1Y
-31.12
26.53
3Y
-31.12
76.60
5Y
-31.12
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Industrials
- Industry
- Airlines, Airports & Air Services
- Address
- CIK
- 0001853070
- Similar Companies
- Business
- PROOF Acquisition Corp I was established as a special purpose acquisition company (SPAC), formed as a Delaware corporation with the primary objective of engaging in a business combination, such as a merger, asset acquisition, or share exchange, with an operating entity. The firm was particularly focused on identifying and partnering with businesses that exhibited strong potential for sustainable growth within large and expanding markets. While its expertise encompassed diverse sectors including enterprise software, healthcare, financial technology, and consumer industries, it maintained the flexibility to pursue acquisitions across any business sector. In a significant development, PROOF Acquisition Corp I successfully completed its business combination with Volato, Inc., a prominent private aviation company, on December 1, 2023. Following this transaction, the combined entity now operates as Volato. As a result, the common stock and warrants, including those previously trading under PACI-WT, transitioned to new ticker symbols on the NYSE American, with Volato's common stock now trading as "SOAR" and its warrants as "SOAR.WS," effective December 4, 2023.