secwatch.observer — SEC 8-K summary
======================================

Issuer:     Jet.AI Inc. (JTAI)
CIK:        0001861622
Form:       8-K
Filed at:   2025-11-28T23:59:59+00:00
Accession:  0001493152-25-025345
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Jet.AI enters $10M ATM equity distribution agreement with Maxim Group
---------------------------------------------------------------------

- Up to $10M of common stock may be sold at-the-market; 3% commission to Maxim.
- As of Nov 21, 2025, 10,000 shares have already been sold under the agreement.
- Sales limited by Form S-3 I.B.6: one-third of non-affiliate market cap if below $75M.
- Agreement terminates upon $10M sales, earlier termination, or Nov 21, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1861622/000149315225025345/0001493152-25-025345-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1861622/000149315225025345/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-025345

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