secwatch.observer — SEC 8-K summary
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Issuer:     Jet.AI Inc. (JTAI)
CIK:        0001861622
Form:       8-K
Filed at:   2024-10-22T23:59:59+00:00
Accession:  0001493152-24-041899
Event type: other_material
Sentiment:  negative
Materiality: 0.80
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Jet.AI raises $1.5M via registered direct offering of 15.6M shares at $0.096
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- Sold 15,625,000 common shares at $0.096 per share for gross proceeds of ~$1.5M.
- Offering closed on October 21, 2024; Maxim Group LLC acted as exclusive placement agent with 7% fee.
- Placement agent granted right of first refusal on future equity/debt offerings until Jan 31, 2025.
- Shares issued under effective shelf registration statement (File No. 333-281578).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1861622/000149315224041899/0001493152-24-041899-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1861622/000149315224041899/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-041899

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer