---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-038298"
form_type: "8-K"
ticker: "JTAI"
cik: "0001861622"
company_name: "Jet.AI Inc."
filed_at: "2024-09-26T23:59:59+00:00"
generated_at: "2026-05-31T01:40:36.945931+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Jet.AI stockholders approve 200M authorized shares, reverse stock split, and amended incentive plan

## Summary
- Authorized common shares increased to 200 million; amendment effective July 25, 2024.
- Board granted discretion to effect reverse stock split at ratio between 1:2 and 1:1000.
- Amended Omnibus Incentive Plan approved: 2,460,000 shares fixed, no evergreen provision.
- Stockholders approved potential share issuances to Ionic and Maxim exceeding 20% of outstanding at below Minimum Price.
- Directors elected: Ran David and Donald Jeffrey Woods; auditor Hacker Johnson & Smith ratified.

## SEC filing metadata
- accession: 0001493152-24-038298
- form_type: 8-K
- ticker: JTAI
- cik: 0001861622
- company_name: Jet.AI Inc.
- filed_at: 2024-09-26T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 5.07, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1861622/000149315224038298/0001493152-24-038298-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1861622/000149315224038298/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-038298
- JSON: https://secwatch.observer/filing/0001493152-24-038298.json
- Plain text: https://secwatch.observer/filing/0001493152-24-038298.txt

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