Jet.AI Inc. (JTAI): M&A transaction — Jet.AI forms JV with Consensus Core for hyperscale data centers; commits up to $20M

Jet.AI Inc.

Initial $300K contributed for 0.5% equity in JV; up to 17.5% project equity per milestone.
Five tranches tied to milestones: Midwest & Maritime projects targeting 500MW capacity, first 100MW.
July 2, 2025 first closing completed; Consensus Core contributes 100% of project equity to JV.
Site in Midwestern Canada near major gas pipeline and high-capacity transmission line.
Jet.AI transitioning from aviation/software to pure-play AI data center enterprise.

item 1.01 item 2.01 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.7

Jet.AI Inc. completed an acquisition involving Consensus Core Technologies Inc. for $300,000 (closed 2025-07-02).

Action: acquisition
Counterparty: Consensus Core Technologies Inc.
Consideration: $300,000
Closing: 2025-07-02

Exact text from the filing

pursuant to which Jet.AI contributed $300,000 to Convergence Compute in the first closing of the transactions contemplated by the JV Agreement.

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5 m&a transactions filed in the last 30 days. Browse all m&a transactions →

Jet.AI Inc. filing history →

Source: SEC EDGAR

accession 0001641172-25-017613

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