Jet.AI adopts limited-duration stockholder rights plan with 10% trigger, expires Feb 12, 2027

Jet.AI Inc.

One Right per share of JTAI common stock; dividend payable Feb 24, 2026 to holders of record.
Rights exercisable only if a person/group acquires 10%+ of common stock; then holders may buy stock at 2x value.
Rights expire Feb 12, 2027, redeemable at $0.01 per Right before 10% trigger.
Board may exchange one share of common stock for each Right after 10% trigger (excluding the acquirer).
Derivative positions count toward beneficial ownership for the 10% threshold.

item 1.01 item 3.03 item 5.03 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.7

Jet.AI Inc. issued one preferred share purchase right per common share of warrant to stockholders of record as of February 24, 2026 for no consideration.

Security: warrant
Shares: one preferred share purchase right per common share
Purchaser: stockholders of record as of February 24, 2026
Consideration: no consideration

Exact text from the filing

declared a dividend distribution of one preferred share purchase right on each outstanding share of the Company's common stock.

View on SEC.gov

Browse all equity issuances →

Jet.AI Inc. filing history →

Source: SEC EDGAR

accession 0001493152-26-006713

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.