Jet.AI raises $2.4M via registered direct offering of 26.7M shares at $0.09/share

Jet.AI Inc.

Sold 26,666,666 shares of common stock at $0.09 per share for gross proceeds of ~$2.4 million.
Offering closed October 11, 2024; Maxim Group acted as exclusive placement agent with 7% fee.
Directors and executive officers entered 90-day lock-up on stock sales post-closing.
Proceeds used for general corporate purposes; net after fees and expenses not specified.
Issuance under effective Form S-3 shelf registration; prospectus supplement filed October 11.

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