http://www.streetinsider.com Latest StreetInsider.com News Articles en-us Copyright 2026, StreetInsider.com rss@streetinsider.com (SI RSS) rss@streetinsider.com (SI RSS) Wed, 29 Jul 2026 08:32:41 -0400 http://blogs.law.harvard.edu/tech/rss http://www.streetinsider.com/images/rss_logo.gif http://www.streetinsider.com 143 28 0 1 2 3 21 22 23 Saturday Sunday http://www.streetinsider.com/Corporate+News/Jet.AI+invests+%241.75M+in+Alberta+natural+gas+data+center+developer/26831213.html <p>Jet.AI Inc. (NASDAQ: JTAI) has made a $1.75 million equity investment in StratGrid Inc., a Calgary, Alberta-based developer of natural gas-powered data center infrastructure, according to a press release from the company.</p><p>The investment was made through SG Canada InvestCo LLC, a vehicle in which Jet.AI holds a majority interest. The stake represents approximately 26% of StratGrid's common equity on a fully vested basis.</p><p>StratGrid is developing two data center campuses in Southern Alberta using behind-the-meter natural gas generation rather than connecting to the regional utility grid. Its first project, Project Wheatland in Wheatland County, is designed for approximately 200 megawatts of http://www.streetinsider.com/Corporate+News/Jet.AI+invests+%241.75M+in+Alberta+natural+gas+data+center+developer/26831213.html Wed, 29 Jul 2026 08:32:41 -0400 JTAI http://www.streetinsider.com/Press+Releases/Jet.AI+Plugs+into+Alberta%E2%80%99s+AI+Boom+with+Investment+in+200MW%2B+Natural+Gas+Powered+Data+Center/26831141.html <p align="justify"><i>Natural Gas-Powered Data Center Development in Canada's Data Center Friendly, Energy-Rich, Province</i></p> <p align="justify"><i>Strategic investment adds gigawatt-scale AI data center capacity potential in Alberta, Canada to Jet.AI’s growing data center portfolio</i></p> <p align="justify"><b>LAS VEGAS and CALGARY, Alberta, July 29, 2026 (GLOBE NEWSWIRE) -- Jet.AI Inc. (NASDAQ: JTAI) (“Jet.AI” or the “Company”)</b>, an emerging provider of high-performance GPU infrastructure and AI cloud services, today announced a strategic equity investment in StratGrid Inc. (“StratGrid”), a Calgary, Alberta-based developer of behind-the-meter, natural gas-powered data center infrastructure. Jet.AI made the investment through SG Canada InvestCo LLC, an investment vehicle http://www.streetinsider.com/Press+Releases/Jet.AI+Plugs+into+Alberta%E2%80%99s+AI+Boom+with+Investment+in+200MW%2B+Natural+Gas+Powered+Data+Center/26831141.html Wed, 29 Jul 2026 08:30:00 -0400 JTAI JTAI http://www.streetinsider.com/Press+Releases/Jet.AI+Plugs+into+Alberta%E2%80%99s+AI+Boom+with+Investment+in+200MW%2B+Natural+Gas+Powered+Data+Center/26831141.html <p align="justify"><i>Natural Gas-Powered Data Center Development in Canada's Data Center Friendly, Energy-Rich, Province</i></p> <p align="justify"><i>Strategic investment adds gigawatt-scale AI data center capacity potential in Alberta, Canada to Jet.AI’s growing data center portfolio</i></p> <p align="justify"><b>LAS VEGAS and CALGARY, Alberta, July 29, 2026 (GLOBE NEWSWIRE) -- Jet.AI Inc. (NASDAQ: JTAI) (“Jet.AI” or the “Company”)</b>, an emerging provider of high-performance GPU infrastructure and AI cloud services, today announced a strategic equity investment in StratGrid Inc. (“StratGrid”), a Calgary, Alberta-based developer of behind-the-meter, natural gas-powered data center infrastructure. Jet.AI made the investment through SG Canada InvestCo LLC, an investment vehicle http://www.streetinsider.com/Press+Releases/Jet.AI+Plugs+into+Alberta%E2%80%99s+AI+Boom+with+Investment+in+200MW%2B+Natural+Gas+Powered+Data+Center/26831141.html Wed, 29 Jul 2026 08:30:00 -0400 JTAI JTAI http://www.streetinsider.com/Globe+Newswire/Jet.AI+Plugs+into+Alberta%E2%80%99s+AI+Boom+with+Investment+in+200MW%2B+Natural+Gas+Powered+Data+Center/26831141.html <p align="justify"><i>Natural Gas-Powered Data Center Development in Canada's Data Center Friendly, Energy-Rich, Province</i></p> <p align="justify"><i>Strategic investment adds gigawatt-scale AI data center capacity potential in Alberta, Canada to Jet.AI’s growing data center portfolio</i></p> <p align="justify"><b>LAS VEGAS and CALGARY, Alberta, July 29, 2026 (GLOBE NEWSWIRE) -- Jet.AI Inc. (NASDAQ: JTAI) (“Jet.AI” or the “Company”)</b>, an emerging provider of high-performance GPU infrastructure and AI cloud services, today announced a strategic equity investment in StratGrid Inc. (“StratGrid”), a Calgary, Alberta-based developer of behind-the-meter, natural gas-powered data center infrastructure. Jet.AI made the investment through SG Canada InvestCo LLC, an investment vehicle http://www.streetinsider.com/Globe+Newswire/Jet.AI+Plugs+into+Alberta%E2%80%99s+AI+Boom+with+Investment+in+200MW%2B+Natural+Gas+Powered+Data+Center/26831141.html Wed, 29 Jul 2026 08:30:00 -0400 JTAI JTAI http://www.streetinsider.com/Globe+Newswire/Jet.AI+Plugs+into+Alberta%E2%80%99s+AI+Boom+with+Investment+in+200MW%2B+Natural+Gas+Powered+Data+Center/26831141.html <p align="justify"><i>Natural Gas-Powered Data Center Development in Canada's Data Center Friendly, Energy-Rich, Province</i></p> <p align="justify"><i>Strategic investment adds gigawatt-scale AI data center capacity potential in Alberta, Canada to Jet.AI’s growing data center portfolio</i></p> <p align="justify"><b>LAS VEGAS and CALGARY, Alberta, July 29, 2026 (GLOBE NEWSWIRE) -- Jet.AI Inc. (NASDAQ: JTAI) (“Jet.AI” or the “Company”)</b>, an emerging provider of high-performance GPU infrastructure and AI cloud services, today announced a strategic equity investment in StratGrid Inc. (“StratGrid”), a Calgary, Alberta-based developer of behind-the-meter, natural gas-powered data center infrastructure. Jet.AI made the investment through SG Canada InvestCo LLC, an investment vehicle http://www.streetinsider.com/Globe+Newswire/Jet.AI+Plugs+into+Alberta%E2%80%99s+AI+Boom+with+Investment+in+200MW%2B+Natural+Gas+Powered+Data+Center/26831141.html Wed, 29 Jul 2026 08:30:00 -0400 JTAI JTAI http://www.streetinsider.com/SEC+Filings/Form++8-K++++++++Jet.AI+Inc.+++++++++++++++For%3A+Jul+15/26796338.html si-local-file:///var/storage/secattach/20260721/26796338.html http://www.streetinsider.com/SEC+Filings/Form++8-K++++++++Jet.AI+Inc.+++++++++++++++For%3A+Jul+15/26796338.html Tue, 21 Jul 2026 16:58:00 -0400 JTAI O.54177155 http://www.streetinsider.com/SEC+Filings/Form++8-K++++++++Jet.AI+Inc.+++++++++++++++For%3A+Jul+15/26796338.html si-local-file:///var/storage/secattach/20260721/26796338.html http://www.streetinsider.com/SEC+Filings/Form++8-K++++++++Jet.AI+Inc.+++++++++++++++For%3A+Jul+15/26796338.html Tue, 21 Jul 2026 16:58:00 -0400 JTAI O.54177155 http://www.streetinsider.com/SEC+Filings/Form++8-K++++++++Jet.AI+Inc.+++++++++++++++For%3A+Jul+13/26785079.html si-local-file:///var/storage/secattach/20260717/26785079.html http://www.streetinsider.com/SEC+Filings/Form++8-K++++++++Jet.AI+Inc.+++++++++++++++For%3A+Jul+13/26785079.html Fri, 17 Jul 2026 17:07:00 -0400 JTAI O.54177155 http://www.streetinsider.com/SEC+Filings/Form++8-K++++++++Jet.AI+Inc.+++++++++++++++For%3A+Jul+13/26785079.html si-local-file:///var/storage/secattach/20260717/26785079.html http://www.streetinsider.com/SEC+Filings/Form++8-K++++++++Jet.AI+Inc.+++++++++++++++For%3A+Jul+13/26785079.html Fri, 17 Jul 2026 17:07:00 -0400 JTAI O.54177155 http://www.streetinsider.com/Press+Releases/UPDATE%3A+Jet.AI+Shareholders+to+Receive+%2410+Per+Share+in+Stock+and+Cash+as+Company+Signs+Letter+of+Intent+for+a+New+%24300+Million+Reverse+Takeover/26771401.html <p align="justify"><i>This transaction is independent of the recently completed flyExclusive deal that separately returned approximately $4.60 per share to shareholders. </i></p> <p align="justify"><b>LAS VEGAS, July 15, 2026 (GLOBE NEWSWIRE) -- Jet.AI Inc. (NASDAQ: JTAI) (“Jet.AI” or the “Company”)</b>, an emerging provider of high-performance GPU infrastructure and AI cloud services, today announced that it has entered into a non-binding letter of intent (the “LOI”) to effect a reverse takeover transaction (the “Transaction”) with a privately held operating company (the “Counterparty”), valuing the Counterparty at approximately $300 million. Upon completion, the combined company is expected to be valued at approximately http://www.streetinsider.com/Press+Releases/UPDATE%3A+Jet.AI+Shareholders+to+Receive+%2410+Per+Share+in+Stock+and+Cash+as+Company+Signs+Letter+of+Intent+for+a+New+%24300+Million+Reverse+Takeover/26771401.html Wed, 15 Jul 2026 08:30:00 -0400 AIIA AIIA JTAI JTAI http://www.streetinsider.com/Press+Releases/UPDATE%3A+Jet.AI+Shareholders+to+Receive+%2410+Per+Share+in+Stock+and+Cash+as+Company+Signs+Letter+of+Intent+for+a+New+%24300+Million+Reverse+Takeover/26771401.html <p align="justify"><i>This transaction is independent of the recently completed flyExclusive deal that separately returned approximately $4.60 per share to shareholders. </i></p> <p align="justify"><b>LAS VEGAS, July 15, 2026 (GLOBE NEWSWIRE) -- Jet.AI Inc. (NASDAQ: JTAI) (“Jet.AI” or the “Company”)</b>, an emerging provider of high-performance GPU infrastructure and AI cloud services, today announced that it has entered into a non-binding letter of intent (the “LOI”) to effect a reverse takeover transaction (the “Transaction”) with a privately held operating company (the “Counterparty”), valuing the Counterparty at approximately $300 million. Upon completion, the combined company is expected to be valued at approximately http://www.streetinsider.com/Press+Releases/UPDATE%3A+Jet.AI+Shareholders+to+Receive+%2410+Per+Share+in+Stock+and+Cash+as+Company+Signs+Letter+of+Intent+for+a+New+%24300+Million+Reverse+Takeover/26771401.html Wed, 15 Jul 2026 08:30:00 -0400 AIIA AIIA JTAI JTAI http://www.streetinsider.com/Press+Releases/UPDATE%3A+Jet.AI+Shareholders+to+Receive+%2410+Per+Share+in+Stock+and+Cash+as+Company+Signs+Letter+of+Intent+for+a+New+%24300+Million+Reverse+Takeover/26771401.html <p align="justify"><i>This transaction is independent of the recently completed flyExclusive deal that separately returned approximately $4.60 per share to shareholders. </i></p> <p align="justify"><b>LAS VEGAS, July 15, 2026 (GLOBE NEWSWIRE) -- Jet.AI Inc. (NASDAQ: JTAI) (“Jet.AI” or the “Company”)</b>, an emerging provider of high-performance GPU infrastructure and AI cloud services, today announced that it has entered into a non-binding letter of intent (the “LOI”) to effect a reverse takeover transaction (the “Transaction”) with a privately held operating company (the “Counterparty”), valuing the Counterparty at approximately $300 million. Upon completion, the combined company is expected to be valued at approximately http://www.streetinsider.com/Press+Releases/UPDATE%3A+Jet.AI+Shareholders+to+Receive+%2410+Per+Share+in+Stock+and+Cash+as+Company+Signs+Letter+of+Intent+for+a+New+%24300+Million+Reverse+Takeover/26771401.html Wed, 15 Jul 2026 08:30:00 -0400 AIIA AIIA JTAI JTAI http://www.streetinsider.com/Press+Releases/UPDATE%3A+Jet.AI+Shareholders+to+Receive+%2410+Per+Share+in+Stock+and+Cash+as+Company+Signs+Letter+of+Intent+for+a+New+%24300+Million+Reverse+Takeover/26771401.html <p align="justify"><i>This transaction is independent of the recently completed flyExclusive deal that separately returned approximately $4.60 per share to shareholders. </i></p> <p align="justify"><b>LAS VEGAS, July 15, 2026 (GLOBE NEWSWIRE) -- Jet.AI Inc. (NASDAQ: JTAI) (“Jet.AI” or the “Company”)</b>, an emerging provider of high-performance GPU infrastructure and AI cloud services, today announced that it has entered into a non-binding letter of intent (the “LOI”) to effect a reverse takeover transaction (the “Transaction”) with a privately held operating company (the “Counterparty”), valuing the Counterparty at approximately $300 million. Upon completion, the combined company is expected to be valued at approximately http://www.streetinsider.com/Press+Releases/UPDATE%3A+Jet.AI+Shareholders+to+Receive+%2410+Per+Share+in+Stock+and+Cash+as+Company+Signs+Letter+of+Intent+for+a+New+%24300+Million+Reverse+Takeover/26771401.html Wed, 15 Jul 2026 08:30:00 -0400 AIIA AIIA JTAI JTAI http://www.streetinsider.com/Globe+Newswire/UPDATE%3A+Jet.AI+Shareholders+to+Receive+%2410+Per+Share+in+Stock+and+Cash+as+Company+Signs+Letter+of+Intent+for+a+New+%24300+Million+Reverse+Takeover/26771401.html <p align="justify"><i>This transaction is independent of the recently completed flyExclusive deal that separately returned approximately $4.60 per share to shareholders. </i></p> <p align="justify"><b>LAS VEGAS, July 15, 2026 (GLOBE NEWSWIRE) -- Jet.AI Inc. (NASDAQ: JTAI) (“Jet.AI” or the “Company”)</b>, an emerging provider of high-performance GPU infrastructure and AI cloud services, today announced that it has entered into a non-binding letter of intent (the “LOI”) to effect a reverse takeover transaction (the “Transaction”) with a privately held operating company (the “Counterparty”), valuing the Counterparty at approximately $300 million. Upon completion, the combined company is expected to be valued at approximately http://www.streetinsider.com/Globe+Newswire/UPDATE%3A+Jet.AI+Shareholders+to+Receive+%2410+Per+Share+in+Stock+and+Cash+as+Company+Signs+Letter+of+Intent+for+a+New+%24300+Million+Reverse+Takeover/26771401.html Wed, 15 Jul 2026 08:30:00 -0400 AIIA AIIA JTAI JTAI http://www.streetinsider.com/Globe+Newswire/UPDATE%3A+Jet.AI+Shareholders+to+Receive+%2410+Per+Share+in+Stock+and+Cash+as+Company+Signs+Letter+of+Intent+for+a+New+%24300+Million+Reverse+Takeover/26771401.html <p align="justify"><i>This transaction is independent of the recently completed flyExclusive deal that separately returned approximately $4.60 per share to shareholders. </i></p> <p align="justify"><b>LAS VEGAS, July 15, 2026 (GLOBE NEWSWIRE) -- Jet.AI Inc. (NASDAQ: JTAI) (“Jet.AI” or the “Company”)</b>, an emerging provider of high-performance GPU infrastructure and AI cloud services, today announced that it has entered into a non-binding letter of intent (the “LOI”) to effect a reverse takeover transaction (the “Transaction”) with a privately held operating company (the “Counterparty”), valuing the Counterparty at approximately $300 million. Upon completion, the combined company is expected to be valued at approximately http://www.streetinsider.com/Globe+Newswire/UPDATE%3A+Jet.AI+Shareholders+to+Receive+%2410+Per+Share+in+Stock+and+Cash+as+Company+Signs+Letter+of+Intent+for+a+New+%24300+Million+Reverse+Takeover/26771401.html Wed, 15 Jul 2026 08:30:00 -0400 AIIA AIIA JTAI JTAI http://www.streetinsider.com/Globe+Newswire/UPDATE%3A+Jet.AI+Shareholders+to+Receive+%2410+Per+Share+in+Stock+and+Cash+as+Company+Signs+Letter+of+Intent+for+a+New+%24300+Million+Reverse+Takeover/26771401.html <p align="justify"><i>This transaction is independent of the recently completed flyExclusive deal that separately returned approximately $4.60 per share to shareholders. </i></p> <p align="justify"><b>LAS VEGAS, July 15, 2026 (GLOBE NEWSWIRE) -- Jet.AI Inc. (NASDAQ: JTAI) (“Jet.AI” or the “Company”)</b>, an emerging provider of high-performance GPU infrastructure and AI cloud services, today announced that it has entered into a non-binding letter of intent (the “LOI”) to effect a reverse takeover transaction (the “Transaction”) with a privately held operating company (the “Counterparty”), valuing the Counterparty at approximately $300 million. Upon completion, the combined company is expected to be valued at approximately http://www.streetinsider.com/Globe+Newswire/UPDATE%3A+Jet.AI+Shareholders+to+Receive+%2410+Per+Share+in+Stock+and+Cash+as+Company+Signs+Letter+of+Intent+for+a+New+%24300+Million+Reverse+Takeover/26771401.html Wed, 15 Jul 2026 08:30:00 -0400 AIIA AIIA JTAI JTAI http://www.streetinsider.com/Globe+Newswire/UPDATE%3A+Jet.AI+Shareholders+to+Receive+%2410+Per+Share+in+Stock+and+Cash+as+Company+Signs+Letter+of+Intent+for+a+New+%24300+Million+Reverse+Takeover/26771401.html <p align="justify"><i>This transaction is independent of the recently completed flyExclusive deal that separately returned approximately $4.60 per share to shareholders. </i></p> <p align="justify"><b>LAS VEGAS, July 15, 2026 (GLOBE NEWSWIRE) -- Jet.AI Inc. (NASDAQ: JTAI) (“Jet.AI” or the “Company”)</b>, an emerging provider of high-performance GPU infrastructure and AI cloud services, today announced that it has entered into a non-binding letter of intent (the “LOI”) to effect a reverse takeover transaction (the “Transaction”) with a privately held operating company (the “Counterparty”), valuing the Counterparty at approximately $300 million. Upon completion, the combined company is expected to be valued at approximately http://www.streetinsider.com/Globe+Newswire/UPDATE%3A+Jet.AI+Shareholders+to+Receive+%2410+Per+Share+in+Stock+and+Cash+as+Company+Signs+Letter+of+Intent+for+a+New+%24300+Million+Reverse+Takeover/26771401.html Wed, 15 Jul 2026 08:30:00 -0400 AIIA AIIA JTAI JTAI http://www.streetinsider.com/Spinoffs/Jet.AI+signs+merger+LOI+valued+at+%24320M%2C+plans+data+center+spin-off/26765359.html <p>Jet.AI Inc. (NASDAQ: JTAI) has entered into a non-binding letter of intent for a proposed business combination with an unnamed privately held company, according to a press release from the Las Vegas-based firm.</p> <p>The proposed transaction is valued at approximately $320 million in total enterprise value, with roughly $20 million, or about 5% to 6% of the pro-forma combined company, allocated to existing Jet.AI shareholders.</p> <p>As a condition of the deal, Jet.AI would spin off its data center business, along with its ownership interest in AIIA Sponsor Ltd., the sponsor of AI Infrastructure Acquisition Corp., into a separate publicly traded company. Shares http://www.streetinsider.com/Spinoffs/Jet.AI+signs+merger+LOI+valued+at+%24320M%2C+plans+data+center+spin-off/26765359.html Tue, 14 Jul 2026 08:30:17 -0400 JTAI http://www.streetinsider.com/Press+Releases/Jet.AI+Announces+Letter+of+Intent+for+New+Merger+and+related+Spin-Off+of+Data+Center+Business/26765310.html <p align="center"><i>Proposed business combination and spin-off designed to provide stockholders with equity in two public companies</i></p> <p align="justify"><b>LAS VEGAS, July 14, 2026 (GLOBE NEWSWIRE) -- Jet.AI Inc. (NASDAQ: JTAI) (“Jet.AI” or the “Company”)</b>, an emerging provider of high-performance GPU infrastructure and AI cloud services, today announced that it has entered into a non-binding letter of intent (the “LOI”) for a proposed business combination with a privately held operating company (the “Counterparty”). The proposed transaction is expected to be priced at approximately $320mm of total enterprise value with approximately $20mm of the $320mm (or roughly 5-6% of the http://www.streetinsider.com/Press+Releases/Jet.AI+Announces+Letter+of+Intent+for+New+Merger+and+related+Spin-Off+of+Data+Center+Business/26765310.html Tue, 14 Jul 2026 08:30:00 -0400 JTAI JTAI http://www.streetinsider.com/Press+Releases/Jet.AI+Announces+Letter+of+Intent+for+New+Merger+and+related+Spin-Off+of+Data+Center+Business/26765310.html <p align="center"><i>Proposed business combination and spin-off designed to provide stockholders with equity in two public companies</i></p> <p align="justify"><b>LAS VEGAS, July 14, 2026 (GLOBE NEWSWIRE) -- Jet.AI Inc. (NASDAQ: JTAI) (“Jet.AI” or the “Company”)</b>, an emerging provider of high-performance GPU infrastructure and AI cloud services, today announced that it has entered into a non-binding letter of intent (the “LOI”) for a proposed business combination with a privately held operating company (the “Counterparty”). The proposed transaction is expected to be priced at approximately $320mm of total enterprise value with approximately $20mm of the $320mm (or roughly 5-6% of the http://www.streetinsider.com/Press+Releases/Jet.AI+Announces+Letter+of+Intent+for+New+Merger+and+related+Spin-Off+of+Data+Center+Business/26765310.html Tue, 14 Jul 2026 08:30:00 -0400 JTAI JTAI http://www.streetinsider.com/Globe+Newswire/Jet.AI+Announces+Letter+of+Intent+for+New+Merger+and+related+Spin-Off+of+Data+Center+Business/26765310.html <p align="center"><i>Proposed business combination and spin-off designed to provide stockholders with equity in two public companies</i></p> <p align="justify"><b>LAS VEGAS, July 14, 2026 (GLOBE NEWSWIRE) -- Jet.AI Inc. (NASDAQ: JTAI) (“Jet.AI” or the “Company”)</b>, an emerging provider of high-performance GPU infrastructure and AI cloud services, today announced that it has entered into a non-binding letter of intent (the “LOI”) for a proposed business combination with a privately held operating company (the “Counterparty”). The proposed transaction is expected to be priced at approximately $320mm of total enterprise value with approximately $20mm of the $320mm (or roughly 5-6% of the http://www.streetinsider.com/Globe+Newswire/Jet.AI+Announces+Letter+of+Intent+for+New+Merger+and+related+Spin-Off+of+Data+Center+Business/26765310.html Tue, 14 Jul 2026 08:30:00 -0400 JTAI JTAI http://www.streetinsider.com/Globe+Newswire/Jet.AI+Announces+Letter+of+Intent+for+New+Merger+and+related+Spin-Off+of+Data+Center+Business/26765310.html <p align="center"><i>Proposed business combination and spin-off designed to provide stockholders with equity in two public companies</i></p> <p align="justify"><b>LAS VEGAS, July 14, 2026 (GLOBE NEWSWIRE) -- Jet.AI Inc. (NASDAQ: JTAI) (“Jet.AI” or the “Company”)</b>, an emerging provider of high-performance GPU infrastructure and AI cloud services, today announced that it has entered into a non-binding letter of intent (the “LOI”) for a proposed business combination with a privately held operating company (the “Counterparty”). The proposed transaction is expected to be priced at approximately $320mm of total enterprise value with approximately $20mm of the $320mm (or roughly 5-6% of the http://www.streetinsider.com/Globe+Newswire/Jet.AI+Announces+Letter+of+Intent+for+New+Merger+and+related+Spin-Off+of+Data+Center+Business/26765310.html Tue, 14 Jul 2026 08:30:00 -0400 JTAI JTAI http://www.streetinsider.com/Press+Releases/Jet.AI+Closes+Transaction+with+flyExclusive%2C+Advancing+Transition+to+a+Pure-Play+AI+Infrastructure/26763273.html <p align="justify"><b>LAS VEGAS, July 13, 2026 (GLOBE NEWSWIRE) -- Jet.AI Inc. (NASDAQ: JTAI) (“Jet.AI” or the “Company”)</b>, an emerging provider of high-performance GPU infrastructure and AI cloud services, announced the successful closing of its merger transaction with flyExclusive, Inc. (“flyExclusive”), following stockholder approval at the Company’s reconvened Special Meeting of Stockholders and satisfaction of all remaining customary closing conditions.</p> <p align="justify">In connection with the distribution, Jet.AI stockholders of record as of the close of business on July 6th, 2026, the record date for the distribution of shares of Jet.AI SpinCo, Inc. (“SpinCo”) common stock, were entitled to http://www.streetinsider.com/Press+Releases/Jet.AI+Closes+Transaction+with+flyExclusive%2C+Advancing+Transition+to+a+Pure-Play+AI+Infrastructure/26763273.html Mon, 13 Jul 2026 17:25:00 -0400 JTAI JTAI http://www.streetinsider.com/Press+Releases/Jet.AI+Closes+Transaction+with+flyExclusive%2C+Advancing+Transition+to+a+Pure-Play+AI+Infrastructure/26763273.html <p align="justify"><b>LAS VEGAS, July 13, 2026 (GLOBE NEWSWIRE) -- Jet.AI Inc. (NASDAQ: JTAI) (“Jet.AI” or the “Company”)</b>, an emerging provider of high-performance GPU infrastructure and AI cloud services, announced the successful closing of its merger transaction with flyExclusive, Inc. (“flyExclusive”), following stockholder approval at the Company’s reconvened Special Meeting of Stockholders and satisfaction of all remaining customary closing conditions.</p> <p align="justify">In connection with the distribution, Jet.AI stockholders of record as of the close of business on July 6th, 2026, the record date for the distribution of shares of Jet.AI SpinCo, Inc. (“SpinCo”) common stock, were entitled to http://www.streetinsider.com/Press+Releases/Jet.AI+Closes+Transaction+with+flyExclusive%2C+Advancing+Transition+to+a+Pure-Play+AI+Infrastructure/26763273.html Mon, 13 Jul 2026 17:25:00 -0400 JTAI JTAI http://www.streetinsider.com/Globe+Newswire/Jet.AI+Closes+Transaction+with+flyExclusive%2C+Advancing+Transition+to+a+Pure-Play+AI+Infrastructure/26763273.html <p align="justify"><b>LAS VEGAS, July 13, 2026 (GLOBE NEWSWIRE) -- Jet.AI Inc. (NASDAQ: JTAI) (“Jet.AI” or the “Company”)</b>, an emerging provider of high-performance GPU infrastructure and AI cloud services, announced the successful closing of its merger transaction with flyExclusive, Inc. (“flyExclusive”), following stockholder approval at the Company’s reconvened Special Meeting of Stockholders and satisfaction of all remaining customary closing conditions.</p> <p align="justify">In connection with the distribution, Jet.AI stockholders of record as of the close of business on July 6th, 2026, the record date for the distribution of shares of Jet.AI SpinCo, Inc. (“SpinCo”) common stock, were entitled to http://www.streetinsider.com/Globe+Newswire/Jet.AI+Closes+Transaction+with+flyExclusive%2C+Advancing+Transition+to+a+Pure-Play+AI+Infrastructure/26763273.html Mon, 13 Jul 2026 17:25:00 -0400 JTAI JTAI