---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-006138"
form_type: "8-K"
ticker: "FLYX"
cik: "0001843973"
company_name: "FLYEXCLUSIVE INC."
filed_at: "2025-02-19T23:59:59+00:00"
generated_at: "2026-05-26T12:27:50.018877+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# flyExclusive acquires Jet.AI's spin-off via merger; 4.12M FLYX shares as consideration

## Summary
- Jet.AI will distribute all SpinCo shares to its stockholders, then SpinCo merges into flyExclusive subsidiary.
- SpinCo shareholders receive ~4.12M shares of FLYX Class A common stock; exchange ratio based on SpinCo net cash at close.
- Transaction condition: SpinCo must have at least $12M net cash at closing; outside date June 30, 2025.
- Support agreements from Jet.AI insiders (~1.8% voting power) committed to vote in favor of the merger.
- Joint press release issued February 14, 2025; parties expect to close after regulatory and shareholder approvals.

## SEC filing metadata
- accession: 0001628280-25-006138
- form_type: 8-K
- ticker: FLYX
- cik: 0001843973
- company_name: FLYEXCLUSIVE INC.
- filed_at: 2025-02-19T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1843973/000162828025006138/0001628280-25-006138-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1843973/000162828025006138/flyx-20250213.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-006138
- JSON: https://secwatch.observer/filing/0001628280-25-006138.json
- Plain text: https://secwatch.observer/filing/0001628280-25-006138.txt

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