---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-044069"
form_type: "8-K"
ticker: "JTAI"
cik: "0001861622"
company_name: "Jet.AI Inc."
filed_at: "2023-12-07T23:59:59+00:00"
generated_at: "2026-06-07T16:27:32.038503+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Jet.AI receives Nasdaq delisting notice for equity deficiency; equity negative $4.26M

## Summary
- Stockholders' equity was $(4,257,094) as of Sept 30, 2023, below Nasdaq's $10M minimum (Rule 5550(b)(1)(A)).
- Company has until Jan 15, 2024 to submit a compliance plan to regain listing or transfer to Nasdaq Capital Market.
- If plan is accepted, Nasdaq can grant up to 180-day extension; if rejected, Company may appeal to Hearings Panel.
- Nasdaq also noted Company does not meet alternative listing criteria for market value or total assets/revenues.

## SEC filing metadata
- accession: 0001493152-23-044069
- form_type: 8-K
- ticker: JTAI
- cik: 0001861622
- company_name: Jet.AI Inc.
- filed_at: 2023-12-07T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 3.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1861622/000149315223044069/0001493152-23-044069-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1861622/000149315223044069/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-044069
- JSON: https://secwatch.observer/filing/0001493152-23-044069.json
- Plain text: https://secwatch.observer/filing/0001493152-23-044069.txt

## Key facts
- Listing & Compliance Notices
  Jet.AI Inc. received a nasdaq deficiency notice notice regarding stockholders equity (rules 5550(b)(1)(A)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: stockholders equity
  - Rules: 5550(b)(1)(A)
  source text: December 1, 2023, Jet.AI Inc., a Delaware corporation (the “Company”) received a notification letter (the “Letter”) from the Nasdaq Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that its amount of stockholders’ equity has fallen below the $10,000,000 required minimum for continued listing on The Nasdaq Global Market set forth in Nasdaq Listing Rule 5550(b)(1)(A). The Company’s stockholders’ equity as of September 30, 2023 was $(4,257,094), as reported in the Company’s Quarterly Report on Form 10-Q for the period ended September 30, 2023. The Lette
  evidence_url: https://www.sec.gov/Archives/edgar/data/1861622/000149315223044069/0001493152-23-044069-index.htm

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