STOCK TITAN
  1. Home
  2. News
  3. PACI

PROOF Acquisition Corp I - $PACI STOCK NEWS

Welcome to our dedicated page for PROOF Acquisition I news (Ticker: $PACI), a resource for investors and traders seeking the latest updates and insights on PROOF Acquisition I stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect PROOF Acquisition I's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of PROOF Acquisition I's position in the market.

News
Volato Announces Closing of Business Combination with PROOF Acquisition Corp I; Secures Additional Equity Financing
Rhea-AI Summary
Volato, Inc. (SOAR) and PROOF Acquisition Corp I (PACI) have completed a business combination, with Volato operating under the Volato brand. The common stock and warrants will trade on NYSE American under the new ticker symbols 'SOAR' and 'SOAR.WS'. The closing of the Business Combination was approved at a Special Meeting of PACI shareholders. $12 million of private investments were closed, totaling over $60 million in capital raised. Volato aims to accelerate fleet growth and strategy, enhance transparency and institutional support, and deliver efficient solutions to travelers while creating value for shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
acquisition
-
News
PROOF Acquisition Corp I Announces Intention to Transfer to NYSE American LLC Upon Completion of Business Combination with Volato
Rhea-AI Summary
Proof Acquisition Corp I (NYSE: PACI) will be listed as Volato Group, Inc. on NYSE American following a pending business combination. The decision to transfer to NYSE American was driven by more favorable listing standards. Trading is expected to begin on NYSE American.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-27.5%
Tags
acquisition
-
News
PROOF Acquisition Corp I Stockholders Approve Previously Announced Business Combination with Volato
Rhea-AI Summary
Proof Acquisition Corp I (PACI) stockholders approve business combination with Volato, Inc. with 97% of votes cast in favor. Anticipated closing on or before December 1, 2023, leading to the formation of Volato Group, Inc. (SOAR) on NYSE American.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
148.31%
Tags
acquisition
News
PROOF Acquisition Corp I Announces Filing of Definitive Proxy Statement and Sets Nov. 28, 2023, for Special Meeting of Stockholders to Vote on Merger
Rhea-AI Summary
PROOF Acquisition Corp I (PACI) announced the filing of a definitive proxy statement with the SEC for its Special Meeting to approve the proposed Business Combination with Volato, Inc. The Special Meeting will be held virtually on Nov. 28, 2023, and stockholders are urged to vote in favor of the combination. Failure to do so may result in the redemption of public shares and the expiration of outstanding warrants.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
acquisition
-
News
Volato Announces Strategic Reorganization to Fuel Sustained Growth and Business Maturity
Rhea-AI Summary
Keith Rabin promoted to President of Volato; will lead new Commercial Team
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.19%
Tags
none
-
News
The Volato Stretch Jet Card Wins the Robb Report Best of the Best 2023
Rhea-AI Summary
Volato, an innovator in private aviation, has been awarded the Robb Report Best of the Best 2023 in the Jet Card category for the Volato Stretch Jet Card. This offering rewards itinerary flexibility with bonus time called 'Stretch Credits'. Volato is also incorporating a reward for itinerary flexibility into the Volato Insider Program, offering immediate discounts on eligible flights for Insider members with itinerary flexibility.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
News
Volato, an Innovator in Private Aviation, to Become a Public Company via Business Combination with PROOF Acquisition Corp I
Rhea-AI Summary
Volato (SOAR) to Become Publicly Traded Company Through Business Combination with PROOF Acquisition Corp I (PACI)
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.09%
Tags
acquisition
Stock PACI logo
PROOF Acquisition Corp I

NYSE:PACI

PACI Rankings

N/A Ranked by Market Cap
#1387 Ranked by Stock Gains
N/A Ranked by Dividends

PACI Stock Data

208.70M
6.44M
416.72%
0.01%
Shell Companies
Financial Services
Link
United States
Reston

About PACI

proof acquisition corp i is a blank check company incorporated as a delaware corporation for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout our prospectus as our initial business combination. as of the date of our initial public offering (“ipo”), our efforts have been limited to organizational activities as well as activities related to the ipo. we have not selected any business combination target and as of the date of our ipo, we have not, nor has anyone on our behalf initiated any substantive discussions, directly or indirectly, with any business combination target. we have generated no operating revenues to date and we do not expect that we will generate operating revenues until we consummate our initial business combination. our objective is to identify and merge with a business that has the potential to achieve sustainable growth