FLYEXCLUSIVE INC. — fact timeline

FLYEXCLUSIVE INC. reported financial results for the three months ended March 31, 2026.

“On May 11, 2026, flyExclusive, Inc. (the “Company”) issued a corporate presentation of its financial results for the three months ended March 31, 2026.”

FLYEXCLUSIVE INC. issued 451,901 shares of common stock to Volato Group, Inc. and its subsidiaries for $1,333,333 aggregate purchase price.

“Agreement include cash and cash equivalents, bank accounts and other excluded assets described in Section 1.3 of the Purchase Agreement. The aggregate purchase price was $1,333,333, which the Company paid in 451,901 shares of its Class A common stock based on a volume-weighted average price of $2.9505 per share as of the Closing Date, as calculated pursuant”

FLYEXCLUSIVE INC. entered into Asset Purchase Agreement with Volato Group, Inc., Volato, Inc., and Fly Vaunt, LLC valued at Purchase price $1,333,333 paid in 451,901 shares of Class A common stock valued at $2.9505 per share (effective 2026-03-06).

“On March 6, 2026, Volato Group exercised a portion of the Volato Option, and the Company entered into an Asset Purchase Agreement (the “Purchase Agreement”) with Volato Group and its wholly owned subsidiaries Volato, Inc. and Fly Vaunt, LLC (together with Volato Group, “Volato”). Pursuant to the Purchase Agreement, the Company agreed to purchase from Volato, and Volato agreed to sell to the Company, certain assets designated as the “Non-Vaunt Assets” (the “Acquired Assets”). The Acquired Assets include, among other things, the Mission Control private aviation operation software and other specified tangible and intangible property listed on Schedule 1.1(a), certain books and records, intellectual property and related rights listed on Schedule 1.1(d) (including specified copyrights, trademarks, patent applications and related goodwill), certain permits and other rights, and associated goodwill. Assets excluded from the Purchase Agreement include cash and cash equivalents, bank accounts a”

FLYEXCLUSIVE INC. amended Fifth Amendment to the Aircraft Management Services Agreement with Volato Group, Inc. valued at Establishes reciprocal asset options; Volato Option total purchase price up to $2,000,000 (effective 2025-03-06).

“On March 6, 2025, the Company and Volato entered into a Fifth Amendment to the Aircraft Management Services Agreement (the “Amendment”). Among other things, the Amendment (i) amends and restates Section 4(f) of the Volato Agreement to establish reciprocal asset options permitting either party, subject to stated conditions, to cause the purchase and sale of designated “Vaunt” or “Non‐Vaunt” assets pursuant to an asset purchase agreement in the form attached as Exhibit A thereto; (ii) provides that the Volato Option may be exercised by Volato Group up to two times in the aggregate, provided that the aggregate purchase price payable for all exercises of the Volato Option will equal and not exceed $2,000,000 (the “Total Purchase Price”), payable in cash, in shares of the Company’s Class A common stock valued at volume-weighted average price as of the effective date of the applicable asset purchase agreement, or a combination thereof, at the Company’s discretion; and (iii) includes registra”

FLYEXCLUSIVE INC. reported financial results for the full year ended December 31, 2025.

“On March 5, 2026, flyExclusive, Inc. (the “Company”) issued a corporate presentation of its financial results for the fourth quarter and full year ended December 31, 2025.”

FLYEXCLUSIVE INC. reported financial results for the fourth quarter ended December 31, 2025.

“On March 5, 2026, flyExclusive, Inc. (the “Company”) issued a corporate presentation of its financial results for the fourth quarter and full year ended December 31, 2025.”

FLYEXCLUSIVE INC. amended First Amendment to the Senior Secured Note with ETG FE LLC valued at extended Maturity Date to January 26, 2028; revised interest rates (15.00% or 13.00%); eliminated re (effective 2026-01-26).

“On February 16, 2026, the parties to the Senior Secured Note executed the First Amendment to the Senior Secured Note, effective as of January 26, 2026 (the “Amendment”), which, among other things, extended the Maturity Date to January 26, 2028.”

FLYEXCLUSIVE INC. amended Amended and Restated Agreement and Plan of Merger and Reorganization with Jet.AI Inc., Jet.AI SpinCo, Inc., and FlyX Merger Sub, Inc. (effective 2026-02-11).

“On February 11, 2026, the parties to the A&R Merger Agreement, as amended, executed Amendment No. 4 to the A&R Merger Agreement, as amended (“Amendment No. 4”).”

FLYEXCLUSIVE INC. amended Underwriting Agreement with Lucid Capital Markets, LLC (effective 2026-02-10).

“On February 10, 2026, the Company and Lucid Capital Markets, LLC, as representative of the underwriters named in the underwriting agreement dated January 9, 2026 (the “Underwriting Agreement”), entered into an amendment to the Underwriting Agreement terminating the underwriters’ 45-day over-allotment option to purchase up to an additional 222,833 shares of Common Stock.”

FLYEXCLUSIVE INC. entered into "At The Market Offering Agreement" with Lucid Capital Markets, LLC valued at up to a maximum of $6,917,931 of shares of Common Stock (effective 2026-02-10).

“On February 10, 2026, flyExclusive, Inc., a Delaware corporation (the “Company”) entered into an At The Market Offering Agreement (the “ATM Agreement”) with Lucid Capital Markets, LLC (the “Agent”) pursuant to which the Company may offer and sell shares of the Company’s Class A common stock, $0.0001 par value per share (“Common Stock”), from time to time, to or through the Agent, acting as sales agent or principal.”

FLYEXCLUSIVE INC. amended A&R Merger Agreement with Jet.AI Inc. and Jet.AI SpinCo, Inc. (effective 2026-01-13).

“On January 13, 2026, the parties to the A&R Merger Agreement, as amended, executed Amendment No. 3 to the A&R Merger Agreement, as amended, to extend the Outside Date from December 31, 2025 to April 30, 2026 (“Amendment No. 3”).”

FLYEXCLUSIVE INC. entered into Underwriting Agreement with Lucid Capital Markets, LLC, as representative of the several underwriters named therein (effective 2026-01-09).

“On January 9, 2026, flyExclusive, Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with Lucid Capital Markets, LLC, as representative of the several underwriters named therein (the “Underwriter”).”

FLYEXCLUSIVE INC. issued 432,099 shares of common stock to Volato Group, Inc. for $2.1 million.

“The Company has elected to pay all of the $2.1 million in shares of its Class A common stock and will issue an aggregate of 432,099 shares upon the receipt of all necessary approvals and conditions.”

Michael Guina was appointed as Chief Commercial Officer at FLYEXCLUSIVE INC..

“appointed Brad Garner as Chief Financial Officer, Matthew Lesmeister as Chief Operating Officer and Michael Guina as Chief Commercial Officer”

Matthew Lesmeister was appointed as Chief Operating Officer at FLYEXCLUSIVE INC..

“appointed Brad Garner as Chief Financial Officer, Matthew Lesmeister as Chief Operating Officer and Michael Guina as Chief Commercial Officer”

Brad Garner was appointed as Chief Financial Officer at FLYEXCLUSIVE INC..

“appointed Brad Garner as Chief Financial Officer, Matthew Lesmeister as Chief Operating Officer and Michael Guina as Chief Commercial Officer”

Zachary Nichols was appointed as Chief Accounting Officer at FLYEXCLUSIVE INC..

“Zachary Nichols as Chief Accounting Officer”

Matthew Lesmeister was appointed as Chief Financial Officer at FLYEXCLUSIVE INC..

“the Company appointed Matthew Lesmeister as Chief Financial Officer”

Billy Barnard resigned as Interim Chief Financial Officer at FLYEXCLUSIVE INC..

“On June 18, 2024, Billy Barnard, the Interim Chief Financial Officer of flyExclusive, Inc. (the “Company”), resigned, effective immediately.”

FLYEXCLUSIVE INC. reported financial results for the fourth quarter and fiscal year ended December 31, 2023.

“On May 1, 2024, flyExclusive, Inc. (the “Company”) issued a press release announcing its financial results for the fourth quarter and fiscal year ended December 31, 2023.”

FLYEXCLUSIVE INC. received a nyse_american deficiency notice notice regarding late filing (rules 1007).

“April 17, 2024, flyExclusive, Inc. (the “Company”) received notice (the “Notice”) from NYSE American LLC (“NYSE”) stating that the Company is not in compliance with Section 1007 of the NYSE American Company Guide because the Company did not timely file its Annual Report on Form 10-K for the year ended December 31, 2023 (the “Form 10-K”) with the Securities and Exchange Commission (the “SEC”). The Notice has no immediate effect on the listing of the Company’s common stock on the NYSE. The Notice informed the Company that, pursuant to NYSE rules, the Company has six months from April 16, 2024 to”

FLYEXCLUSIVE INC.: Filed Series A Certificate of Designation (effective 2024-03-04).

“On March 4, 2024, in connection with the Agreement, the Company filed the Series A Certificate of Designation with the Secretary of State of the State of Delaware.”

FLYEXCLUSIVE INC. entered into Securities Purchase Agreement with EnTrust Emerald (Cayman) LP valued at approximately $25 million (effective 2024-03-04).

“On March 4, 2024 (the “Effective Date” or the “Initial Issue Date”), flyExclusive, Inc., a Delaware corporation (the “Company”) entered into a Securities Purchase Agreement (the “Agreement”) with EnTrust Emerald (Cayman) LP, a Cayman Islands limited partnership (the “Purchaser”), pursuant to which the Company agreed to issue and sell to the Purchaser 25,000 shares of Series A Non-Convertible Redeemable Preferred Stock, par value $0.0001 per share (the “Series A Preferred Stock”), at a purchase price of $1,000 per share and a warrant (the “Warrant”) to purchase shares of the Company’s Class A common stock, par value $0.0001 per share (the “Common Stock”). The transaction closed on the Effective Date and provides the Company approximately $25 million of capital.”

FLYEXCLUSIVE INC. incurred senior notes of up to approximately $25.8 million with ETG FE LLC at 3.00% per annum for the outstanding principal amount on deposit in the cash escr maturing January 26, 2026.

“approved by a meeting of our Board of Directors, with only disinterested directors voting. The Note covers borrowings of an aggregate principal amount of up to approximately $25.8 million, up to $25.0 million of which is to finance the purchase or refinancing of aircraft relating to the Company’s fractional ownership program (the “Revolving Loan”). The Note”

FLYEXCLUSIVE INC. entered into Senior Secured Note with ETG FE LLC valued at aggregate principal amount of up to approximately $25.8 million (effective 2024-01-26).

“in such capacity, the “Parent Guarantors”) entered into a Senior Secured Note (the “Note”) with ETG FE LLC, as the initial holder of the Note (the “Noteholder”), Kroll Agency Services, Limited, as administrative agent (the “Administrative Agent”) and Kroll Trustee Services, Limited, (the “Collateral Agent”).”

FLYEXCLUSIVE INC.: As a result of the Business Combination, EGA ceased being a shell company.

“As a result of the Business Combination, EGA ceased being a shell company.”

FLYEXCLUSIVE INC.: Adoption of PubCo Bylaws in connection with Business Combination.

“On the Closing Date, in connection with the completion of the Business Combination, the Company adopted the Second A&R Certificate of Incorporation and PubCo Bylaws.”

FLYEXCLUSIVE INC.: Adoption of Second A&R Certificate of Incorporation in connection with Business Combination.

“On the Closing Date, in connection with the completion of the Business Combination, the Company adopted the Second A&R Certificate of Incorporation and PubCo Bylaws.”

FLYEXCLUSIVE INC. underwent a change of control involving EG Acquisition Corp. (closed 2023-12-27).

“On December 27, 2023 (the "Closing Date"), EG Acquisition Corp., a Delaware corporation ("EGA"), completed the previously announced business combination pursuant to that certain Equity Purchase Agreement, dated as of October 17, 2022 (as amended on April 21, 2023, the "Equity Purchase Agreement"), with LGM Enterprises, LLC, a North Carolina limited liability company ("LGM") and the parent company of Exclusive Jets, LLC d/b/a "flyExclusive" ("flyExclusive"), the existing equityholders of LGM (the "Existing Equityholders"), EG Sponsor LLC, a Delaware limited liability company ("Sponsor") and Thomas James Segrave, Jr. ("Segrave") in his capacity as Existing Equityholder Representative.”

FLYEXCLUSIVE INC. entered into Senior Secured Note with FlyExclusive Jet Share, LLC (as guarantor), ETG FE LLC (as initial holder), Kroll Agency Services Limited (as administrative agent), Kroll Trustee Services Limited (as collateral agent) valued at Senior secured note with initial principal amount of $15,714,286, interest at 14% per annum, monthly (effective 2023-12-01).

“On December 1, 2023, LGM entered into a senior secured note (the “Senior Note”) with FlyExclusive Jet Share, LLC, a North Carolina limited liability company and wholly-owned subsidiary of LGM (“Jet Share”), as a guarantor (together with LGM, the “Obligors”), ETG FE LLC, a Cayman Islands limited liability company, which is managed by EnTrust Global Partners LLC, which is an affiliate of the Sponsor, as the initial holder of the Senior Note, any additional noteholders party to the Senior Note from time to time, Kroll Agency Services Limited, a company incorporated under the laws of England and Wales, as administrative agent, and Kroll Trustee Services Limited, a company incorporated under the laws of England and Wales, as collateral agent.”

FLYEXCLUSIVE INC. entered into A&R Operating Agreement with Company (as managing member of LGM), LGM and Existing Equityholders valued at A&R Operating Agreement entered into in connection with completion of Business Combination (effective 2023-12-27).

“On December 27, 2023, in connection with the completion of the Business Combination and as contemplated by the Equity Purchase Agreement, the Company (as the managing member of LGM), LGM and the Existing Equityholders entered into the A&R Operating Agreement, which, among other things, (i) restructured the capitalization of LGM, and (ii) appointed the Company as the managing member of LGM.”

FLYEXCLUSIVE INC. entered into Tax Receivable Agreement with LGM, Existing Equityholders and Thomas James Segrave, Jr., as TRA Holder Representative valued at Tax Receivable Agreement entered into in connection with completion of Business Combination (effective 2023-12-27).

“On December 27, 2023, in connection with the completion of the Business Combination and as contemplated by the Equity Purchase Agreement, the Company, LGM, the Existing Equityholders and Thomas James Segrave, Jr., as the TRA Holder Representative, entered into a tax receivable agreement (the “Tax Receivable Agreement”).”

FLYEXCLUSIVE INC. entered into A&R Registration Rights Agreement with Sponsor and other parties listed under New Holders valued at A&R Registration Rights Agreement entered into in connection with completion of Business Combination (effective 2023-12-27).

“On December 27, 2023, in connection with the completion of the Business Combination and as contemplated by the Equity Purchase Agreement, the Company, Sponsor and the other parties listed under “New Holders” on the signature page of the amended and restated registration rights agreement (the “A&R Registration Rights Agreement”) entered into the A&R Registration Rights Agreement.”

FLYEXCLUSIVE INC. entered into Stockholders' Agreement with Existing Equityholders and Sponsor valued at Stockholders' Agreement entered into in connection with completion of Business Combination (effective 2023-12-27).

“On December 27, 2023, in connection with the completion of the Business Combination and as contemplated by the Equity Purchase Agreement, the Company, the Existing Equityholders and Sponsor entered into a stockholders’ agreement (the “Stockholders’ Agreement”).”

FLYEXCLUSIVE INC. dismissed Marcum LLP as its auditor.

“On December 27, 2023, the Board approved the engagement of Elliott Davis, PLLC (“ Elliott Davis ”) as the independent registered public accounting firm to audit the Company’s consolidated financial statements for the year ending December 31, 2023. Accordingly, Marcum LLP (“ Marcum ”), EGA’s independent registered public accounting firm prior to the Business Combination, was informed that it would be dismissed and replaced by Elliott Davis as the Company’s independent registered public accounting firm.”

FLYEXCLUSIVE INC. engaged Elliott Davis, PLLC as its auditor.

“On December 27, 2023, the Board approved the engagement of Elliott Davis, PLLC (“ Elliott Davis ”) as the independent registered public accounting firm to audit the Company’s consolidated financial statements for the year ending December 31, 2023. Accordingly, Marcum LLP (“ Marcum ”), EGA’s independent registered public accounting firm prior to the Business Combination, was informed that it would be dismissed and replaced by Elliott Davis as the Company’s independent registered public accounting firm.”

Sophia Park Mullen resigned as Executive Officer at FLYEXCLUSIVE INC..

“Effective upon the Closing Date, each of Gregg S. Hymowitz and Sophia Park Mullen resigned as executive officers of the Company.”

Gregg S. Hymowitz resigned as Executive Officer at FLYEXCLUSIVE INC..

“Effective upon the Closing Date, each of Gregg S. Hymowitz and Sophia Park Mullen resigned as executive officers of the Company.”

Noorsurainah Tengah resigned as Director at FLYEXCLUSIVE INC..

“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”

Jonathan Silver resigned as Director at FLYEXCLUSIVE INC..

“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”

Linda Hall Daschle resigned as Director at FLYEXCLUSIVE INC..

“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”

Louise Curbishley resigned as Director at FLYEXCLUSIVE INC..

“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”

Sophia Park Mullen resigned as Director at FLYEXCLUSIVE INC..

“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”

Michael Guina was appointed as Chief Operating Officer at FLYEXCLUSIVE INC..

“and Michael Guina was appointed to serve as Chief Operating Officer.”

Billy Barnard was appointed as Interim Chief Financial Officer at FLYEXCLUSIVE INC..

“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)”

Thomas J. Segrave, Sr. was elected as Director at FLYEXCLUSIVE INC..

“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”

Peter B. Hopper was elected as Director at FLYEXCLUSIVE INC..

“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”

Gregg S. Hymowitz was elected as Director at FLYEXCLUSIVE INC..

“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”

Frank B. Holding, Jr. was elected as Director at FLYEXCLUSIVE INC..

“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”

Michael S. Fox was elected as Director at FLYEXCLUSIVE INC..

“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”