PROOF Acquisition Corp I Announces Filing of Definitive Proxy Statement and Sets Nov. 28, 2023, for Special Meeting of Stockholders to Vote on Merger

PACI stockholders may vote via the internet at www.cstproxyvote.com (votes submitted over the internet must be received by 11:59 p.m., Eastern Time, on Nov. 27, 2023), by mail or at the meeting at https://www.cstproxy.com/proof-paci/sm2023. For assistance voting your shares, please contact Alliance Advisors, LLC, PACI's proxy solicitor, at [phone] or via email at [e-mail].

RESTON, VA / ACCESSWIRE / November 21, 2023 / PROOF Acquisition Corp I ("PACI") (NYSE:PACI), a special purpose acquisition company, announced today that it filed a definitive proxy statement with the Securities and Exchange Commission ("SEC") on Nov. 13, 2023, for its special meeting of stockholders (the "Special Meeting") to be held to, among other things, approve the proposed business combination (the "Business Combination") between PACI and Volato, Inc. ("Volato"). The proxy statement was mailed to shareholders of record as of Oct. 10, 2023, (the "Record Date"), and should already have been received by the shareholders.

The proxy statement is available at www.sec.gov. Stockholders of record as of the close of business on the Record Date will be entitled to vote their shares in connection with the Business Combination.

The Special Meeting will be held virtually via live webcast at 10 a.m. Eastern Time on Nov. 28, 2023, and can be accessed by visiting https://www.cstproxy.com/proof-paci/sm2023. Accordingly, PACI requests that each stockholder complete, sign, date and return a proxy card (i) by mail immediately to ensure that the stockholder's shares will be represented at the Special Meeting or (ii) via the internet at www.cstproxyvote.com no later than 11:59 p.m., Eastern Time, on Nov. 27, 2023. Stockholders will also be able to vote online at the Special Meeting, but PACI recommends shareholders intending to attend the meeting still vote via the internet as soon as possible to ensure their shares are counted.

Stockholders who hold shares in "street name" (i.e., those stockholders whose shares are held of record by a broker, bank or other nominee) should contact their broker, bank or nominee to ensure that their shares are voted.

The PACI Board of Directors unanimously recommends that stockholders vote "FOR" the Business Combination as well as the other proposals set forth in the proxy statement. Each stockholder's vote is important, regardless of the number of shares held.

If you vote against the proposals needed to consummate the business combination or do not vote your shares and PACI does not receive enough votes in favor of the business combination, all public shares will be redeemed in accordance with the trust agreement and all outstanding warrants will expire worthless. Voting your shares is very important.