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M2i Global Inc (OTC:MTWO) said on Tuesday that the one shareholder holding its Series A Super Voting Preferred Stock has voted in favor of the company’s proposed merger with Volato Group, Inc. (NYSE American: SOAR), moving the deal closer to a final vote next month.
The preferred stockholder’s shares carry 10,000 votes per share of voting stock, and the vote backs a transaction under which M2i Global will become a wholly owned subsidiary of Volato. Upon closing, Volato will be renamed M2i Global.
The U.S. Securities and Exchange Commission approved the registration statement related to the proposed merger in April 2025. Volato is now distributing the final proxy statement filed with the SEC.
A special meeting of Volato stockholders is expected to be held on May 7, where shareholders will be entitled to vote on the proposed transaction.
The companies announced the merger in the second quarter of 2025, describing it as a move to create a scalable platform targeting long-term growth in the critical minerals and metals markets.
M2i Global focuses on building resilience in the critical minerals and metals national supply chain, while Volato brings aviation technology, software capabilities, and operational experience in complex regulated environments.
Together, the combined company is intended to participate in the U.S. critical minerals and metals market as domestic sourcing, logistics, and execution capabilities become increasingly strategic priorities.
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