---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-003624"
form_type: "8-K"
ticker: "JTAI"
cik: "0001861622"
company_name: "Jet.AI Inc."
filed_at: "2024-01-24T23:59:59+00:00"
generated_at: "2026-06-06T19:28:16.663921+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 483,637 Public Warrants for common stock in warrant exchange agreements

## Summary
- On Jan 23, 2024, Jet.AI entered Warrant Exchange Agreements with unaffiliated investors to cancel 483,637 Public Warrants.
- Company issued 483,637 shares of common stock in exchange for the surrendered Public Warrants.
- The issuance relied on the Section 3(a)(9) exemption from registration under the Securities Act.
- The Public Warrants were originally issued in the August 2021 IPO; the exchange reduces outstanding warrants.

## SEC filing metadata
- accession: 0001493152-24-003624
- form_type: 8-K
- ticker: JTAI
- cik: 0001861622
- company_name: Jet.AI Inc.
- filed_at: 2024-01-24T23:59:59+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/1861622/000149315224003624/0001493152-24-003624-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1861622/000149315224003624/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-003624
- JSON: https://secwatch.observer/filing/0001493152-24-003624.json
- Plain text: https://secwatch.observer/filing/0001493152-24-003624.txt

## Key facts
- Material Agreements
  Jet.AI Inc. entered into Warrant Exchange Agreements with unaffiliated third party investors (the "Warrant Holders") valued at aggregate of 483,637 shares of Common Stock (effective 2024-01-23).
  - Action: entry
  - Counterparty: unaffiliated third party investors (the "Warrant Holders")
  - Value: aggregate of 483,637 shares of Common Stock
  - Effective: 2024-01-23
  source text: On January 23, 2024, Jet.AI Inc., a Delaware corporation (the “Company”), entered into Warrant Exchange Agreements (the “Warrant Exchange Agreements”) with unaffiliated third party investors (the “Warrant Holders”) with respect to warrants to purchase an aggregate of 483,637 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/1861622/000149315224003624/0001493152-24-003624-index.htm

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