Extracted from this filing and checked against the source text.
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
FLYEXCLUSIVE INC. entered into Warrant Exchange Agreement with certain holders of Public Warrants valued at Exchange of 1,694,456 Public Warrants for 372,780 shares of Class A common stock (effective 2023-12-27).
- Action
- entry
- Counterparty
- certain holders of Public Warrants
- Value
- Exchange of 1,694,456 Public Warrants for 372,780 shares of Class A common stock
- Effective
- 2023-12-27
Exact text from the filing
On December 26, 2023 and December 27, 2023, the Company and certain holders (the “Warrant Holders”) of the Company’s outstanding publicly traded warrants (the “Public Warrants”) entered into a Warrant Exchange Agreements (the “Warrant Exchange Agreements”), which were privately negotiated with the holders party thereto.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
FLYEXCLUSIVE INC. entered into Non-Redemption Agreement with unaffiliated third party valued at Transfer of 70,000 Class A common stock and forfeiture of 70,000 shares of Class B common stock (effective 2023-12-26).
- Action
- entry
- Counterparty
- unaffiliated third party
- Value
- Transfer of 70,000 Class A common stock and forfeiture of 70,000 shares of Class B common stock
- Effective
- 2023-12-26
Exact text from the filing
On December 26, 2023, the Company, LGM and Thomas James Segrave Jr. (“Mr. Segrave”), entered into an agreement (the “Non-Redemption Agreement”) with an unaffiliated third party that had reported its holdings on Schedule 13G, pursuant to which such third party agreed not to redeem its shares of Class A common stock of the pre-Business Combination Company (the “Non-Redeemed Shares”).
View on SEC.gov