Volatus Aerospace Inc. Announces Non-Brokered Private Placement of Up to $4.66 Million, Bringing Total Financing to Over $24.6 Million & Provides Corporate Update

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TORONTO, Nov. 10, 2025 (GLOBE NEWSWIRE) -- Volatus Aerospace Inc. (“Volatus” or the “Company”) (TSX-V: FLT; OTCQX: TAKOF; Frankfurt: A3DP5Y/ABB.F) is pleased to announce its intentions to complete a non-brokered private placement of up to 7,770,000 common voting shares (the “Offered Shares”) in the capital of the Company at a price of $0.60 per Offered Share (the “Issue Price”) for aggregate gross proceeds to the Company of up to $4,662,000 to satisfy certain strategic international demand (the “Private Placement Offering”). The Private Placement Offering is being conducted concurrently with the Company’s bought deal public offering (the “Public Offering”) of common voting shares for aggregate gross proceeds of $20,010,000 (or $23,011,500 if the over-allotment option is exercised in full by the underwriters), as previously announced by the Company on November 4, 2025, which brings the total gross proceeds of the Public Offering and the Private Placement Offering to $24,672,000 (or $27,673,500 if the over-allotment option is exercised in full by the underwriters).

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