Volatus Aerospace Completes Acquisition of 100% Ownership of Synergy Aviation

Executive Summary

• Volatus Aerospace completed the purchase of the remaining 41.53% minority stake in Synergy Aviation, achieving 100% ownership.
• Consideration was paid with 2,444,243 Volatus common voting shares priced at the 30‑day VWAP prior to closing.
• The transaction is a related‑party deal exempt from valuation and shareholder approval thresholds under MI 61‑101, as the fair market value did not exceed 25% of Volatus’s market capitalization.

Key Details

• Transaction Structure: Issuance of 2,444,243 common voting shares to Synergy minority shareholders; no cash component disclosed.
• Pricing Methodology: Share price based on the 30‑day volume‑weighted average price (VWAP) of Volatus’s TSX Venture Exchange shares immediately before closing.
• Ownership History:
• 2022 – Volatus acquired a 51% interest in Synergy.
• 2025 – Increased ownership by an additional 7.47%, bringing total to 58.47%.
• 2026‑03‑13 – Acquired remaining 41.53%, resulting in full consolidation of Synergy’s commercial aircraft operations.
• Governance Impact: Synergy becomes a wholly‑owned subsidiary, allowing unified governance, capital allocation, and operational execution across Volatus’s integrated aerospace platform (crewed aviation, RPAS, mission‑critical services).
• Related Party Disclosure: Minority shareholder Marc Hanatshek (also a director of Synergy) is the related party; transaction exempt from formal valuation and minority approval under sections 5.5(a) and 5.7(1)(a) of MI 61‑101 because consideration value < 25% of market cap.
• Strategic Rationale: Full ownership simplifies coordination among Volatus’s aviation, training, engineering, and manufacturing activities and supports scaling of aerospace capabilities.

Notable Quotes

(No direct quotes were provided in the release.)