Jet.AI shareholders approve 70x increase in incentive plan shares and authorize reverse split

Jet.AI Inc.

Shares reserved under 2023 Omnibus Incentive Plan increased from 10,933 to 775,000 plus additional shares for performance units.
Reverse stock split authorized at a ratio between 1-for-2 and 1-for-250, with exact ratio set by Board without further vote.
Charter amendment approved to increase authorized shares; filing with Delaware Secretary of State pending.
Hexstone warrant issuance exceeding 20% of outstanding common stock at below-minimum price approved by shareholders.
Directors Wrendon Timothy and William Yankus elected; Hacker Johnson & Smith ratified as auditor for FY 2025.

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