{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-028481","form_type":"8-K","ticker":"JTAI","cik":"0001861622","company_name":"Jet.AI Inc.","filed_at":"2023-08-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.860921+00:00","generated_at":"2026-06-11T12:48:42.329549+00:00","sec_items":["1.01","2.01","9.01","3.02","3.03","5.03","5.01","5.02","5.05","5.06"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.95,"calibrated_materiality_score":0.95,"confidence":"high","headline":"Jet.AI closes de-SPAC merger; 8.7M shares, 24.4M warrants outstanding","bullets":["Completed merger with Oxbridge Acquisition Corp. on Aug 10, 2023; renamed Jet.AI Inc., trades as JTAI.","Post-merger equity: 8,715,043 common shares; 17,249,334 warrants at $11.50; 7,196,375 warrants at $15.00.","Issued 247,756 shares to Meteora under Forward Purchase Agreement; also issued 270,000 shares and 1,127 Series A Preferred to Maxim as settlement.","Lock-up agreements for ~7.7M shares held by Michael Winston and George Murnane restrict trading.","Sponsor received 575 Series A-1 Preferred shares to settle a $575K promissory note."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-028481","json":"https://secwatch.observer/filing/0001493152-23-028481.json","markdown":"https://secwatch.observer/filing/0001493152-23-028481.md","text":"https://secwatch.observer/filing/0001493152-23-028481.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1861622/000149315223028481/0001493152-23-028481-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1861622/000149315223028481/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T12:48:42.329549+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2f523c246478239a419d9fb33e09723ac1c02be3","claim":"Jet.AI Inc.: The Company ceased being a shell company as a result of the Business Combination (effective 2023-08-10).","evidence_excerpt":"As a result of the Business Combination, the Company ceased being a shell company.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1861622/000149315223028481/0001493152-23-028481-index.htm","confidence":0.95,"family_label":"Governance Changes","details":[{"label":"Change","value":"shell status"},{"label":"Effective","value":"2023-08-10"}],"fact_type":"governance_change"},{"claim_id":"4b9494d73878cc13a9121b20fd26346f7602943f","claim":"Jet.AI Inc.: The Company filed Certificates of Designation for Series A and Series A-1 Convertible Preferred Stock, establishing the rights, preferences, privileges and other terms (effective 2023-08-10).","evidence_excerpt":"On August 10, 2023, the Company filed a Certificate of Designation of Series A Convertible Preferred Stock with the Secretary of State of the State of Delaware, establishing the rights, preferences, privileges and other terms relating to the Series A Preferred Stock.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1861622/000149315223028481/0001493152-23-028481-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2023-08-10"}],"fact_type":"governance_change"},{"claim_id":"d472ceb3f93b3a6b8d21b222ba57e81db859e588","claim":"Jet.AI Inc.: The board of directors approved and adopted a new Code of Business Conduct and Ethics on August 10, 2023 (effective 2023-08-10).","evidence_excerpt":"In connection with the Business Combination, on August 10, 2023, the Company’s board of directors approved and adopted a new Code of Business Conduct and Ethics applicable to all employees, officers and directors of the Company.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1861622/000149315223028481/0001493152-23-028481-index.htm","confidence":0.95,"family_label":"Governance Changes","details":[{"label":"Change","value":"code of ethics"},{"label":"Effective","value":"2023-08-10"}],"fact_type":"governance_change"},{"claim_id":"54670df39ab6fbf2cd5149257e041c9c6746daa9","claim":"Jet.AI Inc. entered into Lock-Up Agreement with Michael Winston and George Murnane valued at 7,666,814 shares of Common Stock subject to lock-up (effective 2023-08-10).","evidence_excerpt":"In connection with the Business Combination, Michael Winston and George Murnane each entered into a lock-up agreement with Jet.AI (the “Lock-Up Agreement”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1861622/000149315223028481/0001493152-23-028481-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"Michael Winston and George Murnane"},{"label":"Value","value":"7,666,814 shares of Common Stock subject to lock-up"},{"label":"Effective","value":"2023-08-10"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}