secwatch / observer

Jet.AI Inc. — fact timeline

Source-grounded facts extracted from Jet.AI Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

JTAI Jet.AI Inc. JSON
Governance Changes

Jet.AI Inc.: Amended Certificate of Incorporation to effect a 1-for-200 reverse stock split (effective 2026-04-08).

“The Company filed a Certificate of Amendment to its Certificate of Incorporation (the “Amendment”) with the Secretary of State of the State of Delaware on April 7, 2026 to effect the Reverse Stock Split.”
Material Agreements

Jet.AI Inc. entered into Equity Certificates Subscription Agreement with VERSO Capital 2 SCSP valued at $5,250,000 (effective 2026-04-07).

“Jet.AI Inc. (the “Company”) entered into an Equity Certificates Subscription Agreement (the “Subscription Agreement”) with VERSO Capital 2 SCSP (“Verso”) to subscribe for 8,347 equity certificates (the “Certificates”) in Verso for an aggregate subscription price equal to $5,250,000”
Material Agreements

Jet.AI Inc. amended Amendment No. 4 to Amended and Restated Agreement and Plan of Merger and Reorganization with flyExclusive, Inc. valued at Eliminates closing condition requiring execution of new securities purchase agreement with a third-p (effective 2026-02-11).

“On February 11, 2026, the parties entered into an Amendment No. 4 to Amended and Restated Agreement and Plan of Merger and Reorganization (the “Amendment”). The Amendment eliminates the closing condition that would have required the Company to execute a new securities purchase agreement with a third-party investor, pursuant to which the Company would have issued the investor a warrant to purchase up to $50 million worth of shares of a newly-designated series of preferred stock.”
Listing & Compliance Notices

Jet.AI Inc. received a nasdaq noncompliance notice notice regarding minimum bid price (rules 5450(a)(1)).

“February 6, 2026, the Company received a letter from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it is not in compliance with Nasdaq Listing Rule 5450(a)(1) (the “Minimum Bid Price Requirement”), as the minimum bid price of the Company’s common stock has been below $1.00 per share for 30 consecutive business days. The notification of noncompliance has no immediate effect on the listing or trading of the Company’s common stock. The Company has 180 calendar days, or until August 5, 2026 (the “Initial Compliance Period”), to regain co”
Material Agreements

Jet.AI Inc. entered into Letter Agreement with Hexstone Capital, LLC and Ionic Ventures, LLC (effective 2026-01-16).

“On January 16, 2026, Jet.AI Inc. (the “Company”), Hexstone Capital, LLC (“Hexstone”), and Ionic Ventures, LLC (together with Hexstone, the “Investors” and the Investors together with the Company, the “Parties”) entered into a letter agreement (the “Letter Agreement”) setting forth certain understandings and agreements among the Company and the Investors related to that certain Securities Purchase Agreement dated March 28, 2024 (the “SPA”), and the documents and agreements entered into by the Parties in connection therewith.”
Material Agreements

Jet.AI Inc. amended Amendment to Equity Distribution Agreement with Maxim Group LLC valued at Increase of aggregate gross sales price from $10 million to $50 million (effective 2026-01-09).

“On January 9, 2026, the Company and Agent entered into an amendment to the ATM Agreement to increase the amount of Shares that may be sold to shares having an aggregate gross sales price of $50 million (the “ATM Amendment”).”
Material Agreements

Jet.AI Inc. amended Amendment No. 3 to Amended and Restated Agreement and Plan of Merger and Reorganization with flyExclusive, Inc. valued at Extension of Outside Date from December 31, 2025 to April 30, 2026 (effective 2026-01-13).

“On January 13, 2026, the parties entered into an Amendment No. 3 to Amended and Restated Agreement and Plan of Merger and Reorganization (the “Merger Amendment”). The Merger Amendment extends the Outside Date (as defined in the Merger Agreement) from December 31, 2025 to April 30, 2026.”
Governance Changes

Jet.AI Inc.: Filed an amendment to the certificate of incorporation with the Delaware Secretary of State on December 8, 2025 (effective 2025-12-08).

“The Company filed the Amendment with the Delaware Secretary of State on December 8, 2025.”
M&A Transactions

Jet.AI Inc. completed an acquisition involving Consensus Core Technologies Inc. for $300,000 (closed 2025-07-02).

“pursuant to which Jet.AI contributed $300,000 to Convergence Compute in the first closing of the transactions contemplated by the JV Agreement.”
Listing & Compliance Notices

Jet.AI Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5450(a)(1)).

“April 15, 2024, Jet.AI, Inc. (the “Company”) received notice (the “Notice”) from The Nasdaq Stock Market LLC (“Nasdaq”) that the Company is not in compliance with Nasdaq Listing Rule 5450(a)(1), as the minimum bid price of the Company’s Class A Common Stock has been below $1.00 per share for 30 consecutive business days (the “Minimum Bid Price Requirement”). The notification of noncompliance has no immediate effect on the listing or trading of the Company’s Common Stock on The Nasdaq Global Market. The Company has 180 calendar days, or until October 14, 2024, to regain compliance with the Mini”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.