Volatus Aerospace Closes AISPECO Deal With US$3.0M Cash, 17.4M Shares
Mirabel, Quebec – October 29, 2026 -- Volatus Aerospace Inc. (TSX: FLT) has completed its acquisition of Lithuania-based AISPECO UAB, paying US$3.0 million in cash and issuing 17,434,193 common shares at a deemed price of C$0.5813 per share.
Consideration includes restricted share units and up to US$2.5 million in contingent payments
Volatus will also grant 1,859,804 restricted share units. The share and cash amounts reflect customary working capital adjustments. Additional contingent consideration of up to US$2.5 million is payable in cash or common shares, at Volatus' option, if financial, commercial and product-development milestones are met over three years.