M&A
confidence high
sentiment positive
materiality 0.80
Jet.AI stockholders approve merger with flyExclusive; 99% vote in favor
Jet.AI Inc.
- 768,718 shares (99% of votes cast) approved the Merger Proposal at July 2 special meeting.
- Record date for SpinCo distribution is July 6, 2026; stockholders as of that date get one SpinCo share per Jet.AI share.
- Transaction expected to close on or about July 7, 2026, subject to remaining closing conditions.
- Jet.AI will continue as pure-play AI infrastructure company; flyExclusive expands private aviation platform.