M2i Global Agrees to Reverse Merger with Volato
Deal News | Jun 12, 2025 | EIN
M2i Global, a developer in critical minerals supply chains, is set to be acquired by Volato Group Inc. through a reverse merger. This transaction unites M2i Global's critical minerals infrastructure business with Volato's aviation software and services platform, creating a dual-platform public company. The restructured entity will be led by Maj Gen (Ret) Alberto Rosende from M2i Global. The merger will provide M2i Global access to the NYSE American listing, allowing it to establish new strategic relationships and utilize public currency for growth. Volato CEO Matt Liotta will become President of aviation technology business lines, while Mark Heinen remains CFO. M2i seeks to leverage the listing for acquisitions and partnerships in the minerals sector. The company partners with NT Minerals, Reforme Group, and Regenerate Technology Global. Volato reported Q1 revenue of $25.5 million and projects up to $26 million for Q2. Upon the merger's completion, M2i Global shareholders will own 90% of the combined company.
Sectors
- Aviation Technology
- Minerals and Mining
Geography
- United States – Both M2i Global and Volato are US-based companies and the merger involves accessing the NYSE American.
Industry
- Aviation Technology – Volato is involved in aviation technology, providing software and travel services for the industry.
- Minerals and Mining – M2i Global operates within the critical minerals supply chain, striving to enhance infrastructure and recycling technology.
Financials
- $25.5 million – Volato's Q1 revenue.
- $0.5 million – Volato's Q1 net income.
- $24 million to $26 million – Projected Q2 revenue for Volato.
- Up to $3 million – Projected net income for Volato in Q2.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| M2i Global | Target Company | Company | A critical minerals supply-chain developer involved in copper offtake agreements and battery technology recycling. |
| Volato Group Inc. | Bidding Company | Company | An aviation technology company offering software and experiential travel services through platforms like Vaunt. |
| Maj Gen (Ret) Alberto Rosende | CEO of M2i Global | Person | CEO of M2i Global, set to lead the newly merged company. |
| Matt Liotta | President of Aviation Technology Business Lines at Volato | Person | Current CEO of Volato, transitioning to President of aviation technology business lines. |
| Mark Heinen | CFO | Person | Current CFO of Volato, remaining in his role post-merger. |
| Doug Cole | Chairman of M2i Global | Person | Former CEO of American Battery Technology, currently chairman of M2i Global. |
| NT Minerals | Partner | Company | A partner involved in M2i Global's critical minerals operations. |
| Reforme Group | Partner | Company | A partner involved in M2i Global's critical minerals operations. |
| Regenerate Technology Global | Partner | Company | A partner involved in M2i Global's critical minerals operations. |