secwatch.observer — SEC 8-K summary
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Issuer:     Jet.AI Inc. (JTAI)
CIK:        0001861622
Form:       8-K
Filed at:   2026-02-13T23:59:59+00:00
Accession:  0001493152-26-006713
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 3.03, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1861622/000149315226006713/0001493152-26-006713-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1861622/000149315226006713/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-006713

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