flyExclusive to issue 1.54M additional shares in Jet.AI merger close

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Go back to flyExclusive to issue 1.54M additional shares in Jet.AI merger close

Jet.AI Announces Final flyExclusive Consideration: flyExclusive to Issue 1,544,575 Additional FLYX Shares

October 29, 2026 8:30 AM EDT

Persons who received initial merger consideration will receive the final issuance, bringing their total consideration to 7,221,468 FLYX shares, including the 5,676,893 shares already issued

LAS VEGAS, Oct. 29, 2026 (GLOBE NEWSWIRE) -- Jet.AI Inc. (NASDAQ: JTAI) (Jet.AI or the Company), an emerging provider of high-performance GPU infrastructure and AI cloud services, today announced the final determination of the post-closing purchase price associated with its previously announced and closed transaction with flyExclusive, Inc. (flyExclusive). As a result of this determination, flyExclusive will issue an aggregate of 1,544,575 shares of its Class A... More