Jetai INC

Market Movers (8-K)

NASDAQ
Jet.AI Inc. has strategically invested $1.75 million in StratGrid Inc., a developer of natural gas-powered data centers in Alberta, Canada, to expand its data center portfolio.
NASDAQ
Jet.AI Inc. announced that its board of directors determined certain Performance Share Unit awards would not vest following a merger, and also granted new restricted stock awards to officers and employees.
NASDAQ
Jet.AI Inc. has finalized its merger with flyExclusive, Inc., distributing flyExclusive shares to its stockholders, and simultaneously announced a non-binding letter of intent for a reverse takeover with a new operating company.
Capital raise
NASDAQ
Jet.AI Inc. announced that its stockholders have approved the proposed merger with flyExclusive, Inc., a significant step towards the company's transition to a pure-play AI infrastructure provider.
Delay expected
NASDAQ
Jet.AI has adjourned its special meeting of stockholders to July 2, 2026, due to insufficient votes to approve the flyExclusive merger.
Delay expected
Worse than expected
NASDAQ
Jet.AI adjourned its special meeting of stockholders to June 23, 2026, to gather additional votes required to approve the flyExclusive merger.
Worse than expected
Delay expected

Quarterly Earnings (10-Q)

NASDAQ
Jet.AI reports a significant revenue decline in its aviation segment while strategically pivoting to AI data center operations and pursuing a sale of its core aviation assets.
Worse than expected
Delay expected
Capital raise
NASDAQ
Jet.AI Inc. reports reduced losses and increased cash, driven by financing activities, as it prepares to divest its aviation business and pivot towards AI and data center ventures.
Better than expected
Delay expected
Capital raise
NASDAQ
Jet.AI Inc. reports a decrease in revenue for Q1 2025, alongside a strategic move to divest its aviation business and focus on AI and data-center sectors.
Worse than expected
Capital raise
NASDAQ
Jet.AI Inc. saw a revenue increase in Q3 2024 compared to Q3 2023, but also experienced a gross loss and an operating loss, alongside ongoing efforts to secure additional funding.
Worse than expected
Capital raise
NASDAQ
Jet.AI Inc. saw a revenue increase in Q2 2024 compared to Q2 2023, but also experienced a rise in operating losses.
Worse than expected
Capital raise
NASDAQ
Jet.AI Inc. saw a significant increase in revenue in the first quarter of 2024 compared to the same period last year, but also experienced a rise in net losses due to higher operating costs.
Worse than expected
Capital raise

Annual Reports (10-K)

NASDAQ
Jet.AI Inc. reports a strategic shift from private aviation to AI data center infrastructure, marked by a planned divestiture of its aviation business and new joint ventures, alongside a significant non-cash gain driving net income.
Delay expected
Capital raise
NASDAQ
Jet.AI Inc. details the terms of its Series B Convertible Preferred Stock, including dividend rights, conversion options, and triggering event redemptions.
Capital raise
NASDAQ
Jet.AI Inc. has filed an amendment to its annual report to replace the audit opinions of its 2022 and 2023 financial statements due to the suspension of its previous auditor.
Worse than expected
Capital raise
NASDAQ
Jet.AI Inc. has filed an amendment to its annual report on Form 10-K to include previously omitted information, director compensation policy, and new certifications from its principal executive and financial officers.
Worse than expected
Capital raise
NASDAQ
Jet.AI Inc. has issued a warrant to Ionic Ventures, LLC, allowing the purchase of Series B Preferred Stock, subject to certain conditions and adjustments.
Capital raise

Insider Trading (Form 4)

NASDAQ
Jet.AI Inc. announced that its stockholders have approved the proposed transaction with flyExclusive, Inc., a significant step towards the company's transition to a pure-play AI infrastructure provider.
Delay expected
NASDAQ
Jet.AI has adjourned its special meeting of stockholders to July 2, 2026, to secure the necessary votes for the proposed merger with flyExclusive.
Worse than expected
Delay expected
NASDAQ
Jet.AI adjourned its special meeting of stockholders to June 23, 2026, to gather additional votes required for the proposed merger with flyExclusive.
Delay expected
Worse than expected
NASDAQ
Jet.AI Inc. announced an amendment to its merger agreement with flyExclusive, eliminating a $50 million financing condition, while simultaneously receiving a Nasdaq delisting notice for failing to meet the minimum bid price requirement.
Worse than expected
NASDAQ
Jet.AI's Exec. Chairman Michael D. Winston granted 1,778 stock options.
NASDAQ
Jet.AI Inc.'s Chief Operating Officer, Patrick McNulty, was granted 399 stock options with an exercise price of $24.35, reflecting a recent reverse stock split.

Proxy Statements (Def-14A)

NASDAQ
Jet.AI Inc. calls for its 2025 Annual Meeting to vote on critical proposals including a significant increase in authorized shares, a potential reverse stock split, and equity compensation plan amendments.
Delay expected
Capital raise
NASDAQ
Jet.AI Inc. is holding its 2024 Annual Meeting of Stockholders virtually on September 24, 2024, seeking approval for several proposals including director elections, auditor ratification, incentive plan amendments, stock issuance approvals, an increase in authorized shares, and a potential reverse stock split.
Capital raise

New Public Companies (S-1)

NASDAQ
Jet.AI Inc. is offering 2,000,000 shares of Common Stock and Pre-Funded Warrants to raise capital for its strategic pivot into AI data center operations, while divesting its fractional and jet card aviation business.
Delay expected
Worse than expected
Capital raise
NASDAQ
Jet.AI Inc. registers for resale up to 30.1 million shares of common stock by a selling stockholder, including shares from Series B Preferred Stock conversion and an effectiveness fee.
Capital raise
NASDAQ
Jet.AI Inc. files an amendment to its registration statement for the resale of up to 16,232,232 shares of its common stock by a selling stockholder.
Worse than expected
Delay expected
Capital raise
NASDAQ
Jet.AI Inc. plans a best efforts offering of units and pre-funded units to raise capital for working capital and general corporate purposes.
Capital raise
NASDAQ
Jet.AI files an amendment to its S-1 registration statement for the resale of up to 16,232,232 shares of common stock by a selling stockholder.
NASDAQ
Jet.AI Inc. is planning to offer shares of its common stock and warrants in a firm commitment offering.
Capital raise

Schedule 13D - Activist Investments

NASDAQ
A significant Jet.AI Inc. shareholder, Vladimir A. Semenikhin, has expressed concerns regarding substantial share dilution and its potential impact on corporate governance and stockholder interests.
Capital raise
Worse than expected
NASDAQ
Activist investor Vladimir Semenikhin, holding a 9.8% stake in Jet.AI Inc., plans to oppose the proposed flyExclusive merger and challenge current capital allocation practices, citing undervaluation and shareholder dilution.
Worse than expected
Capital raise
NASDAQ
Vladimir Semenikhin, holding an 8.7% stake in Jet.AI Inc., expresses concerns over share undervaluation, dilutive equity issuances, and potential conflicts of interest in executive compensation.
Capital raise
Worse than expected
NASDAQ
Vladimir Semenikhin has disclosed an 8.7% beneficial ownership stake in Jet.AI Inc., citing belief in undervaluation and potential for strategic engagement.

Schedule 13G - Passive Investments

NASDAQ
Hexstone Capital LLC and Brendan O'Neil have jointly filed a Schedule 13G, reporting beneficial ownership of 9.4% of Jet.AI Inc.'s common stock.
NASDAQ
Ionic Ventures, LLC and its affiliates have filed an exit amendment to their Schedule 13G, indicating they no longer beneficially own more than five percent of Jet.AI Inc.'s common stock.
NASDAQ
Hexstone Capital LLC and Brendan O'Neil filed an Amendment No. 2 to Schedule 13G, disclosing a continued 9.9% beneficial ownership in Jet.AI Inc. common stock.
NASDAQ
Ionic Ventures, LLC and its affiliates have updated their beneficial ownership in Jet.AI Inc. to 9.99% of common stock.
NASDAQ
Hexstone Capital LLC and Brendan O'Neil have updated their beneficial ownership in Jet.AI Inc. to 9.9% of common stock, reflecting conversion limitations.
NASDAQ
Hexstone Capital LLC and Brendan O'Neil report a 9.9% beneficial ownership in Jet.AI Inc. through convertible preferred stock.