JetAI (JTAI) News & Sentiment

SHAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of Jet.AI Inc. - JTAI
SHAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of Jet.AI Inc. - JTAI
SHAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of Jet.AI Inc. - JTAI
JTAI
prnewswire.comFebruary 18, 2025

NEW YORK , Feb. 18, 2025 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm by ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Jet.AI Inc. (Nasdaq: JTAI ), relating to the proposed merger with flyExclusive Inc. Under the terms of the agreement, Jet.AI shareholders will retain their Jet.AI stock and receive new Class A common shares in flyExclusive as part of the transaction.

Jet.AI Reports Third Quarter 2024 Financial Results
Jet.AI Reports Third Quarter 2024 Financial Results
Jet.AI Reports Third Quarter 2024 Financial Results
JTAI
globenewswire.comNovember 14, 2024

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
Jet.AI's Board of Directors Authorizes $2 Million Share Repurchase Program and Withdrawal of S-1 Registration Statement
Jet.AI's Board of Directors Authorizes $2 Million Share Repurchase Program and Withdrawal of S-1 Registration Statement
JTAI
globenewswire.comNovember 13, 2024

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
UPDATED: Jet.AI Inc. Announces Reverse Stock Split
UPDATED: Jet.AI Inc. Announces Reverse Stock Split
JTAI
globenewswire.comNovember 11, 2024

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
Jet.AI Inc. Announces Reverse Stock Split
Jet.AI Inc. Announces Reverse Stock Split
JTAI
globenewswire.comNovember 8, 2024

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
Jet.AI to Participate in Corporate Jet Investor Miami 2024
Jet.AI to Participate in Corporate Jet Investor Miami 2024
JTAI
globenewswire.comOctober 29, 2024

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
Jet.AI Announces Pricing of $1.5 Million Registered Direct Offering
Jet.AI Announces Pricing of $1.5 Million Registered Direct Offering
JTAI
globenewswire.comOctober 18, 2024

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
Jet.AI Set to Push the Boundaries of Aviation Technology with Enhanced AI Capabilities
Jet.AI Set to Push the Boundaries of Aviation Technology with Enhanced AI Capabilities
JTAI
globenewswire.comOctober 15, 2024

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
Jet.AI Announces Pricing of $2.4 Million Registered Direct Offering
Jet.AI Announces Pricing of $2.4 Million Registered Direct Offering
JTAI
globenewswire.comOctober 10, 2024

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
Jet.AI Announces Entry Into Warrant Amendments After Successful Warrant Exchange Offer and Consent Solicitation
Jet.AI Announces Entry Into Warrant Amendments After Successful Warrant Exchange Offer and Consent Solicitation
JTAI
globenewswire.comAugust 23, 2024

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”).

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