JetAINASDAQ: JTAI

Profile

Sector:

Technology

Country:

United States

IPO:

01 October 2021

Next earnings report:

20 November 2024

Last dividends:

N/A

Next dividends:

N/A
$5.35 M
0%vs. 3y high
7%vs. sector
-vs. 3y high
-vs. sector
-2750%vs. 3y high
7%vs. sector
0%vs. 3y high
11%vs. sector

Price

after hours | Wed, 20 Nov 2024 00:59:51 GMT
$6.85+$0.84(+13.98%)

Dividend

No data over the past 3 years
$3.92 M$3.70 M
$3.92 M-$2.88 M

Analysts recommendations

Institutional Ownership

JTAI Latest News

Jet.AI Reports Third Quarter 2024 Financial Results
globenewswire.com14 November 2024 Sentiment: POSITIVE

LAS VEGAS, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Jet.AI (the “Company”) (Nasdaq: JTAI), an innovative private aviation and artificial intelligence (“AI”) company, today announced financial results for the third quarter ended September 30, 2024.

Jet.AI's Board of Directors Authorizes $2 Million Share Repurchase Program and Withdrawal of S-1 Registration Statement
globenewswire.com13 November 2024 Sentiment: POSITIVE

LAS VEGAS, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Jet.AI Inc. (“Jet.AI” or the “Company”) (NASDAQ: JTAI), an innovative private aviation and artificial intelligence company, announced today that its board of directors has approved a share repurchase program authorizing the Company to repurchase up to $2 million of its common stock through December 31st, 2025.

UPDATED: Jet.AI Inc. Announces Reverse Stock Split
globenewswire.com11 November 2024 Sentiment: NEGATIVE

LAS VEGAS, NV, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Jet.AI Inc. (Nasdaq: JTAI) (the “Company”), today announced that the Company has determined to effect a reverse stock split of its outstanding shares of common stock at a ratio of 1-for-225. The reverse stock split is expected to take effect before markets open on Tuesday, November 12, 2024. The Company's common stock will continue to be traded on the Nasdaq Capital Market under the symbol JTAI and will begin trading on a split-adjusted basis when the market opens on Tuesday, November 12, 2024. The new CUSIP number for the Company's common stock following the reverse stock split will be 47714H308.

Jet.AI Inc. Announces Reverse Stock Split
globenewswire.com08 November 2024 Sentiment: NEGATIVE

LAS VEGAS, NV, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Jet.AI Inc. (Nasdaq: JTAI) (the “Company”), today announced that the Company has determined to effect a reverse stock split of its outstanding shares of common stock at a ratio of 1-for-225. The reverse stock split is expected to take effect before markets open on Tuesday, November 12, 2024. The Company's common stock will continue to be traded on the Nasdaq Capital Market under the symbol JTAI and will begin trading on a split-adjusted basis when the market opens on Tuesday, November 12, 2024. The new CUSIP number for the Company's common stock following the reverse stock split will be 47714H308.

Jet.AI to Participate in Corporate Jet Investor Miami 2024
globenewswire.com29 October 2024 Sentiment: POSITIVE

LAS VEGAS, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Jet.AI Inc. (“Jet.AI” or the “Company”) (NASDAQ: JTAI), an innovative private aviation and artificial intelligence company, announced it will participate in Corporate Jet Investor Miami 2024 (“CJI Miami”) on November 11-13, 2024, at the Fontainebleau Miami Beach. Company Founder and Executive Chairman Mike Winston is scheduled to be a speaker at the event.

Jet.AI Announces Pricing of $1.5 Million Registered Direct Offering
globenewswire.com18 October 2024 Sentiment: POSITIVE

LAS VEGAS, Oct. 18, 2024 (GLOBE NEWSWIRE) -- Jet.AI Inc. (“Jet.AI” or the “Company”) (NASDAQ: JTAI), an innovative private aviation and artificial intelligence company, today announced that it has entered into a securities purchase agreement with certain institutional investors to purchase approximately 15.6 million shares of common stock in a registered direct offering at a purchase price of $0.096 per share. The gross proceeds to the Company from the registered direct offering are estimated to be approximately $1.5 million before deducting the placement agent's fees and other estimated offering expenses payable by the Company. The offering is expected to close on or about October 21, 2024, subject to the satisfaction of customary closing conditions.

Jet.AI Set to Push the Boundaries of Aviation Technology with Enhanced AI Capabilities
globenewswire.com15 October 2024 Sentiment: POSITIVE

Las Vegas, NV, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Jet.AI Inc. ("Jet.AI" or the "Company") (NASDAQ: JTAI), an innovative private aviation and artificial intelligence company, today announced significant advancements in its AI-driven software offerings — CharterGPT and Reroute AI. The new features are in their final QA cycles before release, set to debut at the 2024 NBAA Business Aviation Convention & Exhibition, with rollouts planned from now through November 2024.

Jet.AI Announces Pricing of $2.4 Million Registered Direct Offering
globenewswire.com10 October 2024 Sentiment: POSITIVE

LAS VEGAS, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Jet.AI Inc. (“Jet.AI” or the “Company”) (NASDAQ: JTAI), an innovative private aviation and artificial intelligence company, today announced that it has entered into a securities purchase agreement with certain institutional investors to purchase approximately 26.6 million shares of common stock in a registered direct offering at a purchase price of $0.09 per share. The gross proceeds to the Company from the registered direct offering are estimated to be approximately $2.4 million before deducting the placement agent's fees and other estimated offering expenses payable by the Company. The offering is expected to close on or about October 11, 2024, subject to the satisfaction of customary closing conditions.

Jet.AI Announces Entry Into Warrant Amendments After Successful Warrant Exchange Offer and Consent Solicitation
globenewswire.com23 August 2024 Sentiment: POSITIVE

LAS VEGAS, Aug. 23, 2024 (GLOBE NEWSWIRE) -- Jet.AI Inc. (“Jet.AI” or the “Company”) (NASDAQ: JTAI), an innovative private aviation and artificial intelligence company, announced its entry with Continental Stock Transfer & Trust Company on August 21, 2024 into: (i) the 2021 Warrant Agreement Amendment, which governs the terms and conditions of the Company's redeemable warrants to purchase shares of Company common stock, par value $0.0001 per share (the “common stock”), which warrants trade on The Nasdaq Capital Market under the symbol “JTAIW” (the “redeemable warrants”), and the Company's private placement warrants to purchase shares of common stock (the “private placement warrants”); and (ii) the 2023 Warrant Agreement Amendment, which governs the terms and conditions of the Company's merger consideration warrants to purchase shares of common stock, which warrants trade on The Nasdaq Capital Market under the symbol “JTAIZ” (the “merger consideration warrants”; together with the redeemable warrants and the private placement warrants, the “warrants”).

Jet.AI Reports Second Quarter 2024 Financial Results
globenewswire.com14 August 2024 Sentiment: POSITIVE

LAS VEGAS, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Jet.AI (the “Company”) (Nasdaq: JTAI), an innovative private aviation and artificial intelligence (“AI”) company, today announced financial results for the second quarter ended June 30, 2024.

What type of business is JetAI?

Jet.AI Inc. primarily engages in the development and operation of private aviation platforms. The company operates CharterGPT, a booking platform that functions as a prospecting and quoting platform to arrange private jet travel with its aircrafts and third-party carriers. It also provides Reroute AI software that recycles aircraft waiting to return to base into prospective new charter bookings to destinations within specific distances; and DynoFlight, a software application programming interface (API), which enables aircraft operators to track and estimate emissions, and purchase carbon offset credits. In addition, the company offers Flight Club API, an aviation software, that enables FAA Part 135 operators to function simultaneously under FAA Part 380, which permits sale of private jet service by the seat instead of by whole aircraft. Further, it offers aircraft charter, management, and brokerage services. The company was founded in 2018 and is headquartered in Las Vegas, Nevada.

What sector is JetAI in?

JetAI is in the Technology sector

What industry is JetAI in?

JetAI is in the Software Application industry

What country is JetAI from?

JetAI is headquartered in United States

When did JetAI go public?

JetAI initial public offering (IPO) was on 01 October 2021

What is JetAI website?

https://jet.ai

Is JetAI in the S&P 500?

No, JetAI is not included in the S&P 500 index

Is JetAI in the NASDAQ 100?

No, JetAI is not included in the NASDAQ 100 index

Is JetAI in the Dow Jones?

No, JetAI is not included in the Dow Jones index

When was JetAI the previous earnings report?

No data

When does JetAI earnings report?

The next expected earnings date for JetAI is 20 November 2024