Recent 8-K filings for JTAI
Highest-materiality recent filing
Jet.AI executes 1-for-200 reverse stock split and invests $5.25M in SPV for SpaceX/xAI exposure
- 1-for-200 reverse stock split effective April 8, 2026; shares reduced from ~129.4M to ~646,812.
- Reverse split intended to regain Nasdaq continued listing minimum bid of $1.00 per share.
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Jet.AI reports $13.5M cash, $5M SpaceX stake, flyExclusive merger vote June 11
Cash of $13.5M and no debt at March 31, 2026, up from $1.8M at December 31, 2025.
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Jet.AI regains Nasdaq minimum bid price compliance after 1-for-200 reverse stock split
On April 22, 2026, Nasdaq confirmed Jet.AI's common stock closing bid price was $1.00+ for 10 consecutive business days (April 8-21).
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Jet.AI executes 1-for-200 reverse stock split and invests $5.25M in SPV for SpaceX/xAI exposure
1-for-200 reverse stock split effective April 8, 2026; shares reduced from ~129.4M to ~646,812.
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Jet.AI authorizes $5M buyback; data center JV hits milestone 3
Board authorized repurchase of up to $5M of common stock through Dec 31, 2026.
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Jet.AI reports FY2025 net income $4.6M, cash $13.7M, no debt
Net income of $4.6M for FY2025, compared to net loss of $12.7M in FY2024.
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Jet.AI adopts limited-duration stockholder rights plan with 10% trigger, expires Feb 12, 2027
One Right per share of JTAI common stock; dividend payable Feb 24, 2026 to holders of record.
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Jet.AI and flyExclusive amend merger agreement; Nasdaq bid price deficiency notice
Amendment removes condition requiring Jet.AI to issue $50M preferred stock warrant to third-party investor.
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Jet.AI files to increase shares available under ATM offering with Maxim Group
Filed prospectus supplement on Jan 20, 2026 to increase common shares eligible for sale under ATM agreement.
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Jet.AI obtains investor consent for up to $46M in offerings; Series B conversion price adjusted
Investors Hexstone Capital and Ionic Ventures consent to ATM offering up to $36M and underwritten offering up to $10M.
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Jet.AI extends merger outside date to April 30, 2026; raises ATM facility to $50M
Merger outside date extended from Dec 31, 2025 to April 30, 2026; closing expected Q1 2026.
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Jet.AI exhausts ATM offering; reduces Series B conversion price to Jan 7 close
ATM offering with Maxim Group LLC, announced Nov 21 2025, fully exhausted as of Jan 8 2026.
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Jet.AI enters amended employment agreements with CEO and CFO; base salaries set at $425K and $300K
CEO Michael Winston and CFO George Murnane sign three-year employment agreements starting Dec 31, 2025, with automatic annual renewals.
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Jet.AI withdraws S-1 registration statement for planned public offering
Registration statement filed Dec 1, 2025, withdrawn Dec 30, 2025 due to changed circumstances.
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Jet.AI shareholders approve 70x increase in incentive plan shares and authorize reverse split
Shares reserved under 2023 Omnibus Incentive Plan increased from 10,933 to 775,000 plus additional shares for performance units.
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Jet.AI cuts Series B preferred conversion price to lower of $1.63 or 90% VWAP
Ionic agrees to refrain from legal action under 2024 SPA in exchange for amended conversion terms.
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Jet.AI enters $10M ATM equity distribution agreement with Maxim Group
Up to $10M of common stock may be sold at-the-market; 3% commission to Maxim.
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Jet.AI and flyExclusive extend merger outside closing date to Dec 31, 2025
Amendment No. 2 extends outside date from Oct 31, 2025 to Dec 31, 2025; all other terms unchanged.
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Jet.AI and flyExclusive extend merger outside date to October 31, 2025
Outside date extended from June 30, 2025 to October 31, 2025 for merger with flyExclusive.
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Jet.AI forms JV with Consensus Core for hyperscale data centers; commits up to $20M
Initial $300K contributed for 0.5% equity in JV; up to 17.5% project equity per milestone.
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Jet.AI amends flyExclusive merger: 80% consideration at close, new $50M financing condition
Amended merger: 80% of flyExclusive consideration shares issued at close; 20% held in reserve pending final purchase price.
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Jet.AI spins off aviation business to be acquired by flyExclusive in all-stock deal
flyExclusive (FLYX) to acquire Jet.AI's (JTAI) jet charter business via a spin-off and merger; Jet.AI becomes pure-play AI solutions company.
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Jet.AI Q3 revenue $3.9M, authorizes $2M buyback, withdraws S-1
Q3 revenue $3.9M (+$0.5M YoY); gross loss ~$14K vs prior-year gross profit $170K.
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Jet.AI regains compliance with Nasdaq minimum equity requirement; equity now ~$4M
Stockholders' equity now ~$4.0M, above the $2.5M minimum; cash and cash equivalents $3.6M, no debt.
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Jet.AI announces 1-for-225 reverse stock split effective Nov 12 to regain Nasdaq compliance
Reverse stock split at 1-for-225, effective before market open Nov 12, 2024; fractional shares paid in cash.
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Jet.AI announces 1-for-225 reverse stock split effective Nov 12 to regain Nasdaq compliance
Reverse stock split at 1-for-225, effective before market open on Nov 12, 2024.
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Jet.AI subsidiary signs agreement to purchase three Cessna Citation CJ4 aircraft
Agreement with Textron Aviation for three Cessna Citation CJ4 Gen2 aircraft.
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Jet.AI enters $5.4M ATM equity distribution agreement with Maxim Group
ATM allows sale of up to $5.4M in common stock on Nasdaq Capital Market.
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Jet.AI receives Nasdaq delisting notice for bid price non-compliance; extension to Nov 26, 2024
Nasdaq notified Jet.AI on Oct 18, 2024 that it failed to regain $1.00 minimum bid price by Oct 14 deadline.
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Jet.AI raises $1.5M via registered direct offering of 15.6M shares at $0.096
Sold 15,625,000 common shares at $0.096 per share for gross proceeds of ~$1.5M.
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Ionic agrees not to act against Jet.AI regarding Proposed RD on Form S-3 for up to $50M.
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Jet.AI raises $2.4M via registered direct offering of 26.7M shares at $0.09/share
Sold 26,666,666 shares of common stock at $0.09 per share for gross proceeds of ~$2.4 million.
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Ionic Ventures consents to Jet.AI's $16M best-efforts S-1 offering and a separate registered direct offering not qualifying as Variable Rate Transactions.
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Jet.AI stockholders approve 200M authorized shares, reverse stock split, and amended incentive plan
Authorized common shares increased to 200 million; amendment effective July 25, 2024.
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Jet.AI issues 50 Series B preferred shares to Ionic Ventures to waive potential SPA claims
Issued 50 Series B Convertible Preferred shares to Ionic Ventures in exchange for waiver of rights under March 2024 SPA.
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Jet.AI settles ~$2.4M payables via equity; court OKs Section 3(a)(10) issuance
Settled ~$2.4M in past-due liabilities with Sunpeak via common stock priced at Aug 21 closing price.
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Jet.AI completes warrant exchange; all warrants to be delisted after Post-Offer Exchange on Sept 9
90.6% of redeemable warrants, 100% of private placement warrants, and 67.7% of merger consideration warrants tendered.
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Jet.AI amends bylaws to require one-third voting power quorum for stockholder meetings
Board approved Bylaws Amendment on August 5, 2024, effective immediately.
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Jet.AI completes warrant exchange, issues ~9.5M shares; remaining warrants to be retired by Aug 15
90.6% of redeemable, 100% of private placement, 67.7% of merger consideration warrants tendered.
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Jet.AI and Maxim Group entered Amendment No. 1 to Settlement Agreement on July 15, 2024.
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Jet.AI launches warrant exchange; redeemable get 0.3054 shares, merger get 1.0133 shares
Exchange offer for redeemable (JTAIW), merger consideration (JTAIZ), and private placement warrants; expires July 25, 2024.
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Nasdaq notified Jet.AI on May 30, 2024 that it failed to regain compliance with $10M minimum stockholders' equity for Global Market.
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Received Nasdaq notice on April 15, 2024; must have bid price ≥ $1.00 for 10 consecutive days by Oct 14, 2024.
Earnings & guidance
Materiality & sentiment trend
Max materiality 0.80 · Median 0.65 · Most common event other_material