---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-017613"
form_type: "8-K"
ticker: "JTAI"
cik: "0001861622"
company_name: "Jet.AI Inc."
filed_at: "2025-07-02T23:59:59+00:00"
generated_at: "2026-05-18T09:41:01.747370+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Jet.AI forms JV with Consensus Core for hyperscale data centers; commits up to $20M

## Summary
- 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.

## SEC filing metadata
- accession: 0001641172-25-017613
- form_type: 8-K
- ticker: JTAI
- cik: 0001861622
- company_name: Jet.AI Inc.
- filed_at: 2025-07-02T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1861622/000164117225017613/0001641172-25-017613-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1861622/000164117225017613/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-017613
- JSON: https://secwatch.observer/filing/0001641172-25-017613.json
- Plain text: https://secwatch.observer/filing/0001641172-25-017613.txt

## Key facts
- M&A Transactions
  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
  source text: pursuant to which Jet.AI contributed $300,000 to Convergence Compute in the first closing of the transactions contemplated by the JV Agreement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1861622/000164117225017613/0001641172-25-017613-index.htm

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