Matthew Lesmeister
appointed Brad Garner as Chief Financial Officer, Matthew Lesmeister as Chief Operating Officer and Michael Guina as Chief Commercial Officer
Highest-materiality recent filing
Acquired Jet.AI's Jet Card members, three aircraft (2 HondaJet, 1 Citation CJ4), and ~$4.1M for three future Citation CJ3 delivery positions.
flyExclusive releases Q1 2026 earnings presentation; key figures not available in filing excerpt
Corporate presentation for three months ended March 31, 2026 filed as Exhibit 99.1 on May 11, 2026.
flyExclusive buys Mission Control software from Volato for $1.33M in FLYX shares
Purchased Non-Vaunt assets include Mission Control private aviation software and related IP.
flyExclusive reports Q4/FY2025 results; detailed figures not available in filing extract.
Company issued a corporate presentation for Q4 and full year ended December 31, 2025 on March 5, 2026.
flyExclusive amends senior secured note: maturity to 2028, quarterly payments of $2.4M
Maturity extended from Jan 26, 2026 to Jan 26, 2028.
flyExclusive drops $50M investor condition from Jet.AI merger; allows Jet.AI to seek other deals
Amendment No. 4, dated Feb 11, 2026, removes the closing condition requiring Jet.AI to sell $50M of preferred stock warrants to a third-party investor.
flyExclusive enters $6.9M ATM equity offering; shortens over-allotment option
Entered ATM agreement with Lucid Capital Markets for up to $6,917,931 of Class A common stock.
flyExclusive reports record Q4 revenue $103-106M, first positive Adj. EBITDA of $5.5-8.0M
Q4 revenue record $103-106M, up ~13% YoY; FY revenue $374-378M, up ~15% YoY on 14% fewer aircraft.
flyExclusive extends merger Outside Date with Jet.AI to April 30, 2026
Amendment No. 3 to the A&R Merger Agreement signed January 13, 2026.
flyExclusive prices public offering of 2.26M shares at $6.65/share, expects $13.8M net proceeds
Priced underwritten public offering of 2,255,639 shares of Class A common stock at $6.65 per share.
flyExclusive shareholders approve increase in equity plan share reserves from 6M to 15M
2023 Equity Incentive Plan shares increased from 6,000,000 to 15,000,000 approved by 70,883,367 votes for.
Issued corporate presentation for Q3 2025 ended September 30, 2025.
flyExclusive and Jet.AI extend merger outside date to Dec 31, 2025 due to govt shutdown
Amendment No. 2 extends Outside Date from October 31, 2025 to December 31, 2025.
Acquires Volato's aircraft sales division for $2.1M in FLYX stock; division expected to generate $6-8M profit in Q4 2025.
flyExclusive board approves share increases in ESPP and 2023 Equity Incentive Plan
ESPP authorized shares increased from 1.5M to 2.5M shares of common stock.
flyExclusive Q2 2025 earnings presentation furnished; no specific data in filing
The 8-K references a Q2 2025 corporate presentation as Exhibit 99.1, but the exhibit text is truncated.
flyExclusive and Jet.AI extend merger outside date to October 31, 2025
Amendment pushes deal closing deadline from June 30 to October 31, 2025.
Lock-up on 5,625,000 Class A shares and 4,333,333 warrants owned by EG Sponsor LLC waived effective July 25, 2025.
flyExclusive amends Jet.AI merger: 80% shares at close, adds $50M warrant condition
Amended merger agreement provides for 80% of Merger Consideration Shares issued at closing; 20% held as Reserve Shares subject to purchase price adjustment.
flyExclusive raises $5.8M via 2M share private placement at $2.90/share
Sold 2M shares of Class A common stock at $2.90/share, matching the undiscounted market price on the agreement date.
flyExclusive acquires Jet.AI's spin-off via merger; 4.12M FLYX shares as consideration
Jet.AI will distribute all SpinCo shares to its stockholders, then SpinCo merges into flyExclusive subsidiary.
Amendment extends maturity date of $15.7 million senior secured note from Dec 1 to Dec 31, 2024.
flyExclusive appoints Brad Garner CFO; Lesmeister becomes COO, Guina CCO
Brad Garner joins as CFO from HPCM; base salary $500,000, bonus up to 50%, stock options totaling 3.2M shares over 3 years.
flyExclusive enters exclusive aircraft management deal with Volato; expects $75M revenue transfer
Volato engaged flyExclusive to manage its fleet of 25 aircraft (13 fractionalized, 8 leased, 4 managed).
flyExclusive closes $25M Series B preferred investment from EnTrust/EG Sponsor
Issued 20,408 Series B preferred shares at $1,000 each and warrants for 4M common shares ($0.01 exercise) to EnTrust, netting $20.4M.
flyExclusive appoints Matt Lesmeister as CFO, Zach Nichols as CAO
Interim CFO Billy Barnard resigned effective June 18, 2024.
flyExclusive receives NYSE American delisting notice for late filing of Q1 2024 Form 10-Q
Received NYSE American notice on May 21, 2024 for non-compliance with Section 1007 due to failure to timely file Form 10-Q for period ended March 31, 2024.
flyExclusive reports FY2023 results via 10-K; no specific figures in press release
Full year 2023 financial results filed via Form 10-K; no individual line items disclosed in this release.
flyExclusive receives NYSE American delisting notice for late 10-K; cure period through Oct 2024
Received NYSE American notice on April 17 for not filing 2023 Form 10-K on time.
flyExclusive raises $25M via Series A Preferred and warrant from EnTrust Global
Issued 25,000 shares of Series A Non-Convertible Redeemable Preferred at $1,000/sh for $25M cash.
flyExclusive secures $25.8M credit facility with EnTrust Global for fractional jet program
Two-year revolving credit facility up to $25.8M, with $25M to finance fractional ownership aircraft.
flyExclusive completes SPAC merger, begins trading on NYSE American as FLYX
EG Acquisition Corp. merged with flyExclusive; public stockholders own 2.2%, sponsor/existing holders 85.3% voting power.
flyExclusive completes de-SPAC merger; begins trading Dec 28 on NYSE American under FLYX
Business combination closed Dec 27; combined entity flyExclusive, Inc. to trade on NYSE American under FLYX starting Dec 28.
EG Acquisition Corp. postpones annual meeting to Dec 27, 5pm ET; extends redemption deadline
Annual meeting moved from 1:00pm to 5:00pm ET on Dec 27, 2023; record date unchanged.
Shareholders voted 97% in favor (90% of outstanding shares) of the business combination with flyExclusive.
EG Acquisition Corp. postpones flyExclusive vote to Dec 18, extends redemption deadline
Special meeting postponed from Dec 7 to Dec 18, 2023 at 10:00 a.m. ET to allow more stockholder engagement.
EG Acquisition Corp. presents investor deck on flyExclusive business combination
Held investor meetings on November 20, 2023 regarding previously announced business combination with flyExclusive.
EG Acquisition Corp holds analyst day, releases presentation for flyExclusive merger
Hosted analyst day on June 15, 2023 regarding proposed business combination with LGM Enterprises, LLC (flyExclusive).
Sponsor deposited $160,000 to extend deadline from May 28, 2023 to June 28, 2023 (one month).
EG Acquisition Corp. pays ~$187M in redemptions; trust drops to ~$43M
Paid 18,268,171 Class A shares at ~$10.24/share for aggregate ~$187.0M in redemptions.
Stockholders approved Extension Amendment and Trust Amendment, extending deadline up to five one-month periods until December 28, 2023.
Special meeting postponed from May 12 to May 19, 2023 at 12:00 p.m. ET to allow additional stockholder engagement.
EG Acquisition Corp. amends LGM merger agreement to extend deadline to Dec 28, 2023
Amendment extends deadline to consummate initial business combination with LGM Enterprises from Sept 28, 2023 to Dec 28, 2023.
EG Acquisition Corp. to combine with LGM Enterprises via Up-C; $85M bridge notes issued
Equity Purchase Agreement signed Oct 17, 2022; EG to contribute trust cash plus up to $85M bridge notes to LGM.
EG Acquisition Corp. to acquire flyExclusive at $600M equity value; up to $310M in proceeds
flyExclusive valued at $600M pre-transaction; owners retain ~60% at close assuming no redemptions.
EG Acquisition Corp. restates financials; reclassifies redeemable shares as temporary equity
Management determined redeemable Class A common stock should be classified as temporary equity.
EG Acquisition Corp. units begin separate trading of Class A shares and warrants on July 16
Holders of 22,500,000 units may elect to separate into Class A shares and warrants starting July 16, 2021.
appointed Brad Garner as Chief Financial Officer, Matthew Lesmeister as Chief Operating Officer and Michael Guina as Chief Commercial Officer
appointed Brad Garner as Chief Financial Officer, Matthew Lesmeister as Chief Operating Officer and Michael Guina as Chief Commercial Officer
appointed Brad Garner as Chief Financial Officer, Matthew Lesmeister as Chief Operating Officer and Michael Guina as Chief Commercial Officer
the Company appointed Matthew Lesmeister as Chief Financial Officer
Zachary Nichols as Chief Accounting Officer
On June 18, 2024, Billy Barnard, the Interim Chief Financial Officer of flyExclusive, Inc. (the “Company”), resigned, effective immediately.
effective upon the Closing Date, each of Sophia Park Mullen, Louise Curbishley, Linda Hall Daschle, Jonathan Silver, Noorsurainah Tengah resigned as directors of the Company
effective upon the Closing Date, each of Sophia Park Mullen, Louise Curbishley, Linda Hall Daschle, Jonathan Silver, Noorsurainah Tengah resigned as directors of the Company
On December 27, 2023, at the Special Meeting, each of Thomas James Segrave, Jr., Gary Fegel, Michael S. Fox, Frank B. Holding, Jr., Gregg S. Hymowitz, Peter B. Hopper and Thomas J. Segrave, Sr. were elected by the stockholders to serve as directors of the Company
Billy Barnard was appointed to serve as Interim Chief Financial Officer (and as the Company’s “principal financial officer” and “principal accounting officer” for SEC filing purposes)
Effective upon the Closing Date, each of Gregg S. Hymowitz and Sophia Park Mullen resigned as executive officers of the Company.
On December 27, 2023, Mr. Segrave, Jr. was appointed to serve as the Company’s Chief Executive Officer (and as the Company’s “principal executive officer” for SEC filing purposes)
Max materiality 0.85 · Median 0.55 · Most common event other_material