---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-022226"
form_type: "8-K"
ticker: "JTAI"
cik: "0001861622"
company_name: "Jet.AI Inc."
filed_at: "2024-05-31T23:59:59+00:00"
generated_at: "2026-06-01T07:15:11.778218+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Jet.AI receives Nasdaq delisting notice for failing $10M equity requirement; plans appeal and transfer to Capital Market

## Summary
- Nasdaq notified Jet.AI on May 30, 2024 that it failed to regain compliance with $10M minimum stockholders' equity for Global Market.
- Company plans to transfer to Nasdaq Capital Market (requires $2.5M equity) and has a $16.5M private placement with Ionic Ventures; $1.5M already received.
- Unless an appeal is requested by June 6, 2024, trading will be suspended on June 10, 2024; company intends to request a hearing and pay $20,000 fee.
- Hearing request will stay suspension; securities (JTAI, JTAIW, JTAIZ) continue trading until panel decision.
- No assurance of regaining compliance; company is executing compliance plan including existing GEM facility.

## SEC filing metadata
- accession: 0001493152-24-022226
- form_type: 8-K
- ticker: JTAI
- cik: 0001861622
- company_name: Jet.AI Inc.
- filed_at: 2024-05-31T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 3.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1861622/000149315224022226/0001493152-24-022226-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1861622/000149315224022226/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-022226
- JSON: https://secwatch.observer/filing/0001493152-24-022226.json
- Plain text: https://secwatch.observer/filing/0001493152-24-022226.txt

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