---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-046436"
form_type: "8-K"
ticker: "JTAI"
cik: "0001861622"
company_name: "Jet.AI Inc."
filed_at: "2024-11-18T23:59:59+00:00"
generated_at: "2026-05-29T23:13:54.313659+00:00"
event_type: "regulatory"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Jet.AI regains compliance with Nasdaq minimum equity requirement; equity now ~$4M

## Summary
- Stockholders' equity now ~$4.0M, above the $2.5M minimum; cash and cash equivalents $3.6M, no debt.
- Regained compliance via equity issuances: ~$1.6M from GEM SPA, $2.5M from Ionic warrants, $2.4M from Sunpeak settlement, and public offerings totaling ~$3.9M.
- Company completed reverse stock split (1-for-225) on Nov 12, 2024; total shares outstanding approx. 840,000.
- Chairman/CEO Mike Winston cited strong cash and equity positions, no debt, and good aircraft delivery visibility.

## SEC filing metadata
- accession: 0001493152-24-046436
- form_type: 8-K
- ticker: JTAI
- cik: 0001861622
- company_name: Jet.AI Inc.
- filed_at: 2024-11-18T23:59:59+00:00
- event_type: regulatory
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1861622/000149315224046436/0001493152-24-046436-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1861622/000149315224046436/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-046436
- JSON: https://secwatch.observer/filing/0001493152-24-046436.json
- Plain text: https://secwatch.observer/filing/0001493152-24-046436.txt

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