1 unchanged sentence
Market Information
−Removed: Our units, Class A common stock and warrants are listed on NYSE under the symbols “PACI.U,” “PACI” and “PACI.WS”, respectively.
−Removed: As of February 24, 2023, there was 1 (one) holder of record of our units, 1 (one) holder of record of our Class A common stock, 14 (fourteen) holders of record of our Class B common stock, and 15
−Removed: (fifteen) holders of record of our warrants.
−Removed: The number of holders of record does not include a substantially greater number of “street name” holders or beneficial holders whose units, Class A common stock, and warrants are held of record by banks,
−Removed: brokers, and other financial institutions.
−Removed: Recent Sales of Unregistered Securities;
−Removed: Use of Proceeds from Registered Offerings
−Removed: SELECTED FINANCIAL DATA.
−Removed: As a “smaller reporting company,” we are not required to provide the information called for by this Item.
+Added: The Common Stock and our Public Warrants are listed on NYSE American under the symbol “SOAR” and “SOAR.WS”.
+Added: On March 20, 2024, the closing price of the Common Stock and our Public Warrants was $3.47 per share and $0.07, respectively.
+Added: As of March 20, 2024, there were approximately 374 holders of record of Common Stock.
+Added: Such number does not include beneficial owners holding shares of the Common Stock through nominees.
+Added: Dividend Policy
+Added: We have not paid any cash dividends on the Common Stock since inception.
+Added: We currently intend to retain any future earnings and do not expect to pay any dividends in the foreseeable future.
+Added: Our ability to pay dividends on the Common Stock could be restricted by the terms of any agreement governing other indebtedness we may incur.
+Added: Any future determination to declare cash dividends will be made at the discretion of the Board, subject to applicable laws, and will depend on a number of factors, including our financial condition, results of operations, capital requirements, contractual restrictions, general business conditions and other factors that the Board may deem relevant.
+Added: Securities Authorized for Issuance Under Equity Compensation Plans
+Added: The 2023 Plan was approved at the November 28, 2023 special meeting of PACI stockholders held, in part, to ask such stockholders to vote on a proposal to approve the Business Combination (the “PACI Special Meeting”).
+Added: In accordance with the 2023 Plan, we have reserved 5,608,690 shares of Common Stock for issuance pursuant to future awards under the 2023 Plan and 2,369,169 shares of Common Stock for issuance pursuant to outstanding option awards under the 2021 Plan.
+Added: See “ Executive Compensation .”
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.