One week ago I was focused on the proposed
$SOAR /
$MTWO merger.
This week reminded me how quickly a small cap story can change.
The merger was terminated.
After digging through filings, management backgrounds, company updates, and LinkedIn profiles, I realized SOAR may have been more than just a merger vehicle.
What I found:
• Aviation assets were sold.
• Convertible debt was eliminated.
• NYSE compliance plan was accepted.
• Parslee AI appears to be an internally developed asset.
• Multiple senior executives are actively involved with Parslee.
• Volato disclosed it is evaluating unsolicited letters of intent and other strategic alternatives.
At the same time, MTWO continues advancing its critical minerals and supply chain strategy around copper, titanium, rare earths, and defense-related infrastructure. The merger may be gone, but the underlying MTWO story remains intact.
My original thesis changed because the facts changed.
Now I'm trying to understand what SOAR looks like without the MTWO merger and what path MTWO takes from here.
Crazy volatile week 🤑👍