secwatch.observer — SEC 8-K summary
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Issuer:     Jet.AI Inc. (JTAI)
CIK:        0001861622
Form:       8-K
Filed at:   2026-01-08T23:59:59+00:00
Accession:  0001493152-26-000939
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Jet.AI exhausts ATM offering; reduces Series B conversion price to Jan 7 close
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- ATM offering with Maxim Group LLC, announced Nov 21 2025, fully exhausted as of Jan 8 2026.
- Company voluntarily reduced Series B convertible preferred conversion price to Jan 7, 2025 common stock closing price.
- Series B preferred rights unchanged except for conversion price reduction.
- Shares outstanding as of filing: 11,238,147 common shares.
- Conversion price reduction may increase potential dilution for common shareholders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1861622/000149315226000939/0001493152-26-000939-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1861622/000149315226000939/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-000939

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