JTAI news

Jet.AI Inc. filed an amendment to its Restricted Stock Award agreement setting vesting dates accelerated upon certain corporate events like death, disability, or a change of control.

FlyExclusive and Jet.AI are modifying the merger agreement to set specific rules for calculating deficit and surplus net liquidation proceeds. The changes affect the final closing net cash statement.

Jet.AI stockholders approved the proposed transaction with flyExclusive in a special meeting held on July 2, 2026. The vote, which received approximately 99% support, is expected to facilitate Jet.AI's transition into a pure-play AI infrastructure company.

Jet.AI Inc. adjourned its special meeting for the flyExclusive transaction after falling short of the required shareholder approval by approximately 2.1%. The company reported 99% support from the votes cast so far, with the meeting reconvening on July 2, 2026.

Jet.AI postponed its special stockholder meeting originally scheduled for June 11, 2026 to June 23 to allow more time for voting on the proposed flyExclusive acquisition. With 34.2% of shares represented and 99% voting in favor, the company needs a majority of outstanding shares to approve the deal.