secwatch.observer — SEC 8-K summary
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Issuer:     Jet.AI Inc. (JTAI)
CIK:        0001861622
Form:       8-K
Filed at:   2026-01-20T23:59:59+00:00
Accession:  0001493152-26-002870
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Jet.AI obtains investor consent for up to $46M in offerings; Series B conversion price adjusted
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- Investors Hexstone Capital and Ionic Ventures consent to ATM offering up to $36M and underwritten offering up to $10M.
- In exchange, conversion price of Series B convertible preferred stock changed to the lowest trading price in prior 10 trading days.
- All remaining outstanding shares of Series B convertible preferred stock were fully converted by holder concurrent with agreement.
- Investors agree to refrain from taking action under the Securities Purchase Agreement in connection with the offerings.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1861622/000149315226002870/0001493152-26-002870-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1861622/000149315226002870/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-002870

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