---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-304161"
form_type: "8-K"
ticker: "FLYX"
cik: "0001843973"
company_name: "FLYEXCLUSIVE INC."
filed_at: "2023-12-27T23:59:59+00:00"
generated_at: "2026-06-07T07:03:24.993139+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# flyExclusive completes de-SPAC merger; begins trading Dec 28 on NYSE American under FLYX

## Summary
- Business combination closed Dec 27; combined entity flyExclusive, Inc. to trade on NYSE American under FLYX starting Dec 28.
- Holders of 2,924,907 shares of Class A common stock properly exercised redemption rights for cash.
- Non-redemption agreement: third party agreed not to redeem 70,000 shares; Mr. Segrave transferred 70,000 Class A and forfeited 70,000 Class B shares.
- Warrant exchange: 1,694,456 public warrants exchanged for 372,780 Class A shares in privately negotiated agreements.
- Annual meeting scheduled for Dec 27, 2023 canceled in connection with closing.

## SEC filing metadata
- accession: 0001193125-23-304161
- form_type: 8-K
- ticker: FLYX
- cik: 0001843973
- company_name: FLYEXCLUSIVE INC.
- filed_at: 2023-12-27T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1843973/000119312523304161/0001193125-23-304161-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1843973/000119312523304161/d685582d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-304161
- JSON: https://secwatch.observer/filing/0001193125-23-304161.json
- Plain text: https://secwatch.observer/filing/0001193125-23-304161.txt

## Key facts
- Material Agreements
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1843973/000119312523304161/0001193125-23-304161-index.htm
- Material Agreements
  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
  source text: 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”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1843973/000119312523304161/0001193125-23-304161-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.