---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-016168"
form_type: "8-K"
ticker: "JTAI"
cik: "0001861622"
company_name: "Jet.AI Inc."
filed_at: "2026-04-10T23:59:59+00:00"
generated_at: "2026-05-15T06:42:47.747132+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Jet.AI executes 1-for-200 reverse stock split and invests $5.25M in SPV for SpaceX/xAI exposure

## Summary
- 1-for-200 reverse stock split effective April 8, 2026; shares reduced from ~129.4M to ~646,812.
- Reverse split intended to regain Nasdaq continued listing minimum bid of $1.00 per share.
- Invested $5.25M via subscription for 8,347 equity certificates in VERSO Capital tracking SpaceX preferred stock.
- Investment provides economic exposure to SpaceX/xAI; third-party reports suggest potential SpaceX IPO at $1.75-2T valuation.
- No fractional shares issued; fractional holders receive cash. Proportional adjustments to warrants, options.

## SEC filing metadata
- accession: 0001493152-26-016168
- form_type: 8-K
- ticker: JTAI
- cik: 0001861622
- company_name: Jet.AI Inc.
- filed_at: 2026-04-10T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.01, 3.03, 5.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1861622/000149315226016168/0001493152-26-016168-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1861622/000149315226016168/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-016168
- JSON: https://secwatch.observer/filing/0001493152-26-016168.json
- Plain text: https://secwatch.observer/filing/0001493152-26-016168.txt

## Source-grounded claims
- claim_id: 2951b92bbc3f1e827afea3bbb26cda8b037839d9
  claim: Jet.AI Inc.: Amended Certificate of Incorporation to effect a 1-for-200 reverse stock split (effective 2026-04-08).
  evidence_excerpt: The Company filed a Certificate of Amendment to its Certificate of Incorporation (the “Amendment”) with the Secretary of State of the State of Delaware on April 7, 2026 to effect the Reverse Stock Split.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1861622/000149315226016168/0001493152-26-016168-index.htm
- claim_id: 54381bd0dcb6c059986e1e6e9d243c5c81cc8a41
  claim: Jet.AI Inc. entered into Equity Certificates Subscription Agreement with VERSO Capital 2 SCSP valued at $5,250,000 (effective 2026-04-07).
  evidence_excerpt: Jet.AI Inc. (the “Company”) entered into an Equity Certificates Subscription Agreement (the “Subscription Agreement”) with VERSO Capital 2 SCSP (“Verso”) to subscribe for 8,347 equity certificates (the “Certificates”) in Verso for an aggregate subscription price equal to $5,250,000
  evidence_url: https://www.sec.gov/Archives/edgar/data/1861622/000149315226016168/0001493152-26-016168-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
