---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-002786"
form_type: "8-K"
ticker: "JTAI"
cik: "0001861622"
company_name: "Jet.AI Inc."
filed_at: "2024-01-17T23:59:59+00:00"
generated_at: "2026-06-06T22:45:31.860327+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Jet.AI exchanges 194,729 public warrants for 194,729 common shares

## Summary
- Exchanged 194,729 public warrants (exercise $11.50) for 194,729 shares of common stock with unaffiliated holder.
- Warrants originally issued in August 2021 IPO; cancelled upon exchange.
- Issuance exempt from registration under Section 3(a)(9) of Securities Act.
- Shares issued without restrictive legends via DTC DWAC system.
- Exchange reduces outstanding warrants and corresponding potential dilution.

## SEC filing metadata
- accession: 0001493152-24-002786
- form_type: 8-K
- ticker: JTAI
- cik: 0001861622
- company_name: Jet.AI Inc.
- filed_at: 2024-01-17T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1861622/000149315224002786/0001493152-24-002786-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1861622/000149315224002786/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-002786
- JSON: https://secwatch.observer/filing/0001493152-24-002786.json
- Plain text: https://secwatch.observer/filing/0001493152-24-002786.txt

## Key facts
- Material Agreements
  Jet.AI Inc. entered into Warrant Exchange Agreement with unaffiliated third party investor (effective 2024-01-17).
  - Action: entry
  - Counterparty: unaffiliated third party investor
  - Effective: 2024-01-17
  source text: On January 17, 2024, Jet.AI Inc., a Delaware corporation (the “Company”), entered into a Warrant Exchange Agreement (the “Warrant Exchange Agreement”) with an unaffiliated third party investor (the “Warrant Holder”) with respect to warrants to purchase an aggregate of 194,729 shares of its common stock, par value $0.0001 per share (the “Common Stock”) initially issued by the Company in its initial public offering on August 16, 2021 (the “Public Warrants”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1861622/000149315224002786/0001493152-24-002786-index.htm

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