---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-033784"
form_type: "8-K"
ticker: "JTAI"
cik: "0001861622"
company_name: "Jet.AI Inc."
filed_at: "2026-07-17T21:07:10+00:00"
generated_at: "2026-07-17T21:08:07.124179+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Jet.AI closes flyExclusive merger; signs LOI for $300M reverse takeover with $10/share value

## Summary
- Closed merger with flyExclusive; Jet.AI shareholders received ~$4.60/share value from 5.68M FLYX shares issued at $1.595.
- Signed non-binding LOI for reverse takeover of private company valued at ~$300M; combined entity valued ~$320M.
- Jet.AI shareholders to receive ~$20M (~$10/share) in cash and stock from reverse takeover, plus spin-off of data center JV and AIIA interest into new public company (ticker DCTR).
- Reserve shares of 1.42M FLYX held pending final purchase price determination within 90-120 days; additional consideration possible if price exceeds $16.23M.

## SEC filing metadata
- accession: 0001493152-26-033784
- form_type: 8-K
- ticker: JTAI
- cik: 0001861622
- company_name: Jet.AI Inc.
- filed_at: 2026-07-17T21:07:10+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1861622/000149315226033784/0001493152-26-033784-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1861622/000149315226033784/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-033784
- JSON: https://secwatch.observer/filing/0001493152-26-033784.json
- Plain text: https://secwatch.observer/filing/0001493152-26-033784.txt

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