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 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 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.
Acquires Volato's aircraft sales division for $2.1M in FLYX stock; division expected to generate $6-8M profit in Q4 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 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.
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 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 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.
Shareholders voted 97% in favor (90% of outstanding shares) of the business combination with flyExclusive.
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.
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.
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