The special meeting held on June 11, 2026, failed to reach the required majority of outstanding shares to approve the merger with flyExclusive. Only 486,285 shares (34.2%) of the 1,421,721 outstanding shares were represented at the meeting. Approximately 99% of the votes cast were in favor of the transaction, but the absolute majority threshold was not met. The meeting has been adjourned until June 23, 2026, at 4:00 p.m. ET. The record date for the SpinCo distribution was moved from June 15, 2026, to June 25, 2026.