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Jet.AI Inc.

NASDAQ:JTAI

$3.14 USD

-$1.73 (-35.52%)

Volume
29.57M
Average Volume
275.56K
Market Capitalization
$2.03M
P/E Ratio
0.04
Dividend Yield
0.00%
Price Target
$
Year High
$804.00
Year Low
$2.86
Day High
Day Low
Payout Ratio
$0.00
Current Ratio
$4.09
Source Headline
Strategic Transformations Reshape the Market Landscape

DENVER, July 15, 2026 (GLOBE NEWSWIRE) -- ( 247marketnews.com ) -- Several small-cap companies announced developments that could reshape their long-term business models, while others reported operational progress that investors will be watching closely over the coming quarters. Jet.AI (NASDAQ: JTAI) announced a non-binding letter of intent for a proposed business combination with a privately held operating company in a transaction valued at approximately $320 million in enterprise value.

globenewswire.com - 2026-07-15 12:33:00

UPDATE: Jet.AI Shareholders to Receive $10 Per Share in Stock and Cash as Company Signs Letter of Intent for a New $300 Million Reverse Takeover

This transaction is independent of the recently completed flyExclusive deal that separately returned approximately $4.60 per share to shareholders.

globenewswire.com - 2026-07-15 08:30:00

Jet.AI Announces Letter of Intent for New Merger and related Spin-Off of Data Center Business

Proposed business combination and spin-off designed to provide stockholders with equity in two public companies LAS VEGAS, July 14, 2026 (GLOBE NEWSWIRE) -- Jet.AI Inc. (NASDAQ: JTAI) (“Jet.AI” or the “Company”), an emerging provider of high-performance GPU infrastructure and AI cloud services, today announced that it has entered into a non-binding letter of intent (the “LOI”) for a proposed business combination with a privately held operating company (the “Counterparty”). The proposed transaction is expected to be priced at approximately $320mm of total enterprise value with approximately $20mm of the $320mm (or roughly 5-6% of the pro-forma company) allocated to Jet.AI shareholders.

globenewswire.com - 2026-07-14 08:30:00

Jet.AI Closes Transaction with flyExclusive, Advancing Transition to a Pure-Play AI Infrastructure

LAS VEGAS, July 13, 2026 (GLOBE NEWSWIRE) -- Jet.AI Inc. (NASDAQ: JTAI) (“Jet.AI” or the “Company”), an emerging provider of high-performance GPU infrastructure and AI cloud services, announced the successful closing of its merger transaction with flyExclusive, Inc. (“flyExclusive”), following stockholder approval at the Company's reconvened Special Meeting of Stockholders and satisfaction of all remaining customary closing conditions.

globenewswire.com - 2026-07-13 17:25:00

Jet.AI Closes Transaction with flyExclusive, Advancing Transition to a Pure-Play AI Infrastructure

LAS VEGAS, July 13, 2026 (GLOBE NEWSWIRE) -- Jet. AI Inc. (NASDAQ: JTAI) ("Jet. AI" or the "Company"), an emerging provider of high-performance GPU infrastructure and AI cloud services, announced the successful closing of its merger transaction with flyExclusive, Inc. ("flyExclusive"), following stockholder approval at the Company's reconvened Special Meeting of Stockholders and satisfaction of all remaining customary closing conditions.

globenewswire.com - 2026-07-13 17:25:00

flyExclusive Reaches Final Approval Milestone for Jet.AI Transaction, Positioning Company for Continued Growth

KINSTON, N.C.--(BUSINESS WIRE)--flyExclusive, Inc. (NYSE American: FLYX) (“flyExclusive” or the “Company”), a vertically integrated provider of private jet experiences, announces that the special meeting of stockholders of Jet.AI Inc. (NASDAQ: JTAI) (“Jet.AI”), held in connection with the previously announced merger of Jet.AI and flyExclusive, concluded on July 2, 2026. flyExclusive today announced that Jet.AI stockholders have approved the previously announced merger, satisfying one of the fin.

businesswire.com - 2026-07-06 08:30:00

Jet.AI Stockholders Approve Proposed flyExclusive Transaction

LAS VEGAS, NV, July 06, 2026 (GLOBE NEWSWIRE) -- Jet. AI Inc. ("Jet. AI" or the "Company") (NASDAQ: JTAI), an emerging provider of high-performance GPU infrastructure and AI cloud services, today announced that its stockholders have approved the proposed transaction with flyExclusive, Inc.

globenewswire.com - 2026-07-06 08:30:00

Jet.AI Stockholders Approve Proposed flyExclusive Transaction

LAS VEGAS, NV, July 06, 2026 (GLOBE NEWSWIRE) -- Jet.AI Inc. ("Jet.AI" or the “Company”) (NASDAQ: JTAI), an emerging provider of high-performance GPU infrastructure and AI cloud services, today announced that its stockholders have approved the proposed transaction with flyExclusive, Inc. (“flyExclusive”) at the Company's reconvened Special Meeting of Stockholders (“Special Meeting”), which was held on July 2, 2026 at 4:00 p.m. Eastern time.

globenewswire.com - 2026-07-06 08:30:00

Jet.AI Stockholder Votes Exceed Majority Threshold for flyExclusive Transaction

Holders of Record as of July 6th Eligible for Merger Consideration Pending Final Vote July 2nd 4pm EDT LAS VEGAS, NV, July 01, 2026 (GLOBE NEWSWIRE) -- Jet. AI Inc. ("Jet. AI") (NASDAQ: JTAI), an emerging provider of high-performance GPU infrastructure and AI cloud services, today reported that it has been advised that the majority of shares entitled to vote in the Special Meeting of Stockholders have voted in favor of its proposed transaction with flyExclusive, Inc.

globenewswire.com - 2026-07-01 17:07:00

Jet.AI Stockholder Votes Exceed Majority Threshold for flyExclusive Transaction

Holders of Record as of July 6 th Eligible for Merger Consideration Pending Final Vote July 2 nd 4pm EDT

globenewswire.com - 2026-07-01 17:07:00

flyExclusive Reaffirms Strategic Priorities and Provides Update on Pending Jet.AI Transaction

flyExclusive, Inc. (NYSE American: FLYX) today reaffirmed its strategic priorities for 2026 and provided an update on the pending merger with Jet.AI Inc. (NASD

gurufocus.com - 2026-06-24 11:00:00

flyExclusive Reaffirms Strategic Priorities and Provides Update on Pending Jet.AI Transaction

KINSTON, N.C.--(BUSINESS WIRE)--flyExclusive, Inc. (NYSE American: FLYX) today reaffirmed its strategic priorities for 2026 and provided an update on the pending merger with Jet.AI Inc. (NASDAQ: JTAI). “As we move through 2026, our focus remains unchanged: improving profitability, strengthening our balance sheet, increasing aircraft utilization, and creating long-term value for shareholders,” said Jim Segrave, Founder, Chairman and Chief Executive Officer of flyExclusive. “The pending Jet.AI tr.

businesswire.com - 2026-06-24 10:35:00

Jet.AI Within 2.1% (29,594 Shares) of Securing Shareholder Approval for Proposed flyExclusive Transaction; Meeting Adjourned Until July 2

LAS VEGAS, NV, June 24, 2026 (GLOBE NEWSWIRE) -- Jet.AI Inc. ("Jet.AI" or the "Company") (NASDAQ: JTAI), an emerging provider of high-performance GPU infrastructure and AI cloud services, today announced that its Special Meeting of Stockholders (the “Special Meeting”), originally convened on June 11, 2026 and previously adjourned to June 23, 2026, has been further adjourned to July 2, 2026 to allow additional time for stockholders to vote on the proposals described in the Company's definitive proxy statement in relation to the flyExclusive, Inc. transaction.

globenewswire.com - 2026-06-24 08:30:00

Jet.AI Issues Investor Guide on Proposed flyExclusive Merger Transaction

What the Deal Is, What It Is Not, and What You Should Do As of June 16, 2026, approximately 37.9% of the shares outstanding and entitled to vote had been voted. Approximately 98.3% of the votes cast were in favor of the transaction.

globenewswire.com - 2026-06-17 08:30:00

Jet.AI Announces New Record Date for Distribution of SpinCo Shares in Connection with Proposed flyExclusive Transaction

LAS VEGAS, NV, June 15, 2026 (GLOBE NEWSWIRE) -- Jet. AI Inc. (NASDAQ: JTAI) (the "Company" or "Jet. AI"), an emerging provider of high-performance GPU infrastructure and AI cloud services, today announced that it has established June 25, 2026 as the new record date for determining stockholders entitled to participate in the previously announced distribution of Jet.

globenewswire.com - 2026-06-15 08:30:00

Jet.AI Announces New Record Date for Distribution of SpinCo Shares in Connection with Proposed flyExclusive Transaction

LAS VEGAS, NV, June 15, 2026 (GLOBE NEWSWIRE) -- Jet.AI Inc. (NASDAQ: JTAI) (the "Company" or "Jet.AI"), an emerging provider of high-performance GPU infrastructure and AI cloud services, today announced that it has established June 25, 2026 as the new record date for determining stockholders entitled to participate in the previously announced distribution of Jet.AI SpinCo, Inc. (“SpinCo”) shares in connection with the proposed transaction with flyExclusive, Inc. ("flyExclusive").

globenewswire.com - 2026-06-15 08:30:00

Jet.AI Announces Adjournment of Previously Scheduled Special Meeting of Stockholders

LAS VEGAS, NV, June 11, 2026 (GLOBE NEWSWIRE) -- Jet. AI Inc. (NASDAQ: JTAI) (the "Company" or "Jet. AI"), an emerging provider of high-performance GPU infrastructure and AI cloud services, announced that its previously scheduled Special Meeting of Stockholders (the "Special Meeting"), originally scheduled for June 11, 2026, was convened and adjourned, to allow additional time for stockholders to vote on the proposals described in the Company's definitive proxy statement in relation to the flyExclusive, Inc.

globenewswire.com - 2026-06-11 18:23:00

Jet.AI Announces Adjournment of Previously Scheduled Special Meeting of Stockholders

LAS VEGAS, NV, June 11, 2026 (GLOBE NEWSWIRE) -- Jet.AI Inc. (NASDAQ: JTAI) (the "Company" or "Jet.AI"), an emerging provider of high-performance GPU infrastructure and AI cloud services, announced that its previously scheduled Special Meeting of Stockholders (the “Special Meeting”), originally scheduled for June 11, 2026, was convened and adjourned, to allow additional time for stockholders to vote on the proposals described in the Company's definitive proxy statement in relation to the flyExclusive, Inc. transaction.

globenewswire.com - 2026-06-11 18:23:00

Jet.AI to Present in Maxim Group's “Architecting Tomorrow: The AI Data Center Summit" on Thursday, June 11, 2026 at 1:30 p.m. ET

LAS VEGAS, NV, June 10, 2026 (GLOBE NEWSWIRE) -- Jet.AI Inc. (NASDAQ: JTAI) (the "Company" or "Jet.AI"), an emerging provider of high-performance GPU infrastructure and AI cloud services, will present at Maxim Group LLC's “Architecting Tomorrow: The AI Data Center Summit” on Thursday, June 11, 2026 at 1:30 p.m. Eastern time.

globenewswire.com - 2026-06-10 08:30:00

Jet.AI Announces Review of Strategic Alternatives for SpaceX Equity Interest

LAS VEGAS, NV, June 09, 2026 (GLOBE NEWSWIRE) -- Jet.AI Inc. (NASDAQ: JTAI) (the "Company" or "Jet.AI"), an emerging provider of high-performance GPU infrastructure and AI cloud services, today announced that its Board of Directors (the “Board”) has authorized a formal review of strategic alternatives with respect to the Company's equity interest in Space Exploration Technologies Corp. ("SpaceX").

globenewswire.com - 2026-06-09 08:30:00

JET.AI ANNOUNCES LEADING INDEPENDENT PROXY ADVISORY FIRM ISS RECOMMENDS STOCKHOLDERS VOTE “FOR” THE PROPOSED MERGER

Both ISS and Glass Lewis Now Recommend “FOR” - Jet.AI Urges Stockholders to Vote Ahead of the Upcoming Special Meeting of Stockholders

globenewswire.com - 2026-06-08 08:30:00

Jet.AI Announces Record Date for Distribution of SpinCo Shares in Connection with Proposed flyExclusive Transaction

LAS VEGAS, NV, June 05, 2026 (GLOBE NEWSWIRE) -- Jet.AI Inc. (NASDAQ: JTAI) (the “Company” or “Jet.AI”), an emerging provider of high-performance GPU infrastructure and AI cloud services, today announced that its Board of Directors has declared a distribution of the shares of Jet.AI SpinCo, Inc. (“SpinCo”) and established June 15, 2026 as the record date for determining stockholders entitled to participate in the distribution in connection with the proposed transaction with flyExclusive, Inc. (“flyExclusive”).

globenewswire.com - 2026-06-05 08:30:00

JET.AI ANNOUNCES LEADING INDEPENDENT PROXY ADVISORY FIRM GLASS LEWIS RECOMMENDS STOCKHOLDERS VOTE “FOR” THE PROPOSED MERGER

Jet.AI Urges Stockholders to Vote Ahead of the Upcoming Special Meeting of Stockholders  LAS VEGAS, NV, June 01, 2026 (GLOBE NEWSWIRE) -- Jet.AI Inc. (NASDAQ: JTAI) (the “Company” or “Jet.AI”), an emerging provider of high-performance GPU infrastructure and AI cloud services, today announced that Glass, Lewis & Co. (“Glass Lewis”), a leading independent provider of global proxy research and corporate governance advisory services, has recommended that Jet.AI stockholders vote “FOR” the proposed merger with flyExclusive, Inc. (“flyExclusive”) at the upcoming Special Meeting of Stockholders. The Jet.AI Board of Directors strongly concurs with the Glass Lewis recommendation and urges all stockholders of record to follow Glass Lewis' recommendation and vote their shares “FOR” the proposed merger with flyExclusive as soon as possible.

globenewswire.com - 2026-06-01 08:30:00

JET.AI ANNOUNCES SPECIAL SHAREHOLDER MEETING TO VOTE ON STRATEGIC FLYEXCLUSIVE TRANSACTION AND AI CORNERSTONE PIVOT

With Materials Officially Being Mailed, Board Urges Stockholders to Vote "FOR" the Milestone Deal to Unlock Growth Capital and Accelerate AI Cloud Services

globenewswire.com - 2026-05-20 08:30:00

Jet.AI Reports First Quarter 2026 Financial Results

LAS VEGAS, May 15, 2026 (GLOBE NEWSWIRE) -- Jet. AI Inc. ("Jet. AI" or the "Company") (Nasdaq: JTAI), an emerging provider of high-performance GPU infrastructure and AI cloud services, today announced financial results for the first quarter ended March 31, 2026.

globenewswire.com - 2026-05-15 08:30:00

Jet.AI Reports First Quarter 2026 Financial Results

LAS VEGAS, May 15, 2026 (GLOBE NEWSWIRE) -- Jet.AI Inc. (“Jet.AI” or the “Company”) (Nasdaq: JTAI), an emerging provider of high-performance GPU infrastructure and AI cloud services, today announced financial results for the first quarter ended March 31, 2026.

globenewswire.com - 2026-05-15 08:30:00

Jet.AI Announces SEC Effectiveness of flyExclusive’s Registration Statement on Form S-4 in Connection with Proposed Merger

Las Vegas, NV, May 01, 2026 (GLOBE NEWSWIRE) -- Jet. AI Inc. ("Jet. AI" or the "Company") (Nasdaq: JTAI), an emerging provider of high-performance GPU infrastructure and AI cloud services, announced that the Registration Statement Form S-4 (File No. 333-284960) filed by flyExclusive, Inc.

globenewswire.com - 2026-05-01 08:30:00

Jet.AI Announces SEC Effectiveness of flyExclusive's Registration Statement on Form S-4 in Connection with Proposed Merger

Las Vegas, NV, May 01, 2026 (GLOBE NEWSWIRE) -- Jet.AI Inc. ("Jet.AI" or the "Company") (Nasdaq: JTAI), an emerging provider of high-performance GPU infrastructure and AI cloud services, announced that the Registration Statement Form S-4 (File No. 333-284960) filed by flyExclusive, Inc. (NYSE American: FLYX) (“flyExclusive”) related to the proposed merger transaction has been declared effective by the Securities and Exchange Commission (the “SEC”), formally advancing the transaction into its stockholder approval and closing phases.

globenewswire.com - 2026-05-01 08:30:00

flyExclusive Announces S-4 Effectiveness on Strategic Acquisition of Jet. AI's Aviation Business and Growth Capital

KINSTON, N.C.--(BUSINESS WIRE)--flyExclusive, Inc. (NYSE American: FLYX), one of the nation's largest private aviation operators, today announced that the Registration Statement on Form S-4 filed in connection with its previously announced transaction with Jet.AI Inc. (Nasdaq: JTAI) has been declared effective by the U.S. Securities and Exchange Commission. The effectiveness of the S-4 marks a key milestone in advancing the transaction toward JTAI stockholder approval and closing, which is expe.

businesswire.com - 2026-05-01 08:00:00

Jet.AI and flyExclusive Clear Path to Closing Merger in Second Quarter of 2026

Las Vegas, NV, April 20, 2026 (GLOBE NEWSWIRE) -- Jet. AI Inc. ("Jet. AI" or the "Company") (Nasdaq: JTAI), an emerging provider of high-performance GPU infrastructure and AI cloud services, today announced that the parties have agreed to extend the outside date of the merger agreement between flyExclusive, Inc.

globenewswire.com - 2026-04-20 08:30:00

Jet.AI and flyExclusive Clear Path to Closing Merger in Second Quarter of 2026

Las Vegas, NV, April 20, 2026 (GLOBE NEWSWIRE) -- Jet.AI Inc. ("Jet.AI" or the "Company") (Nasdaq: JTAI), an emerging provider of high-performance GPU infrastructure and AI cloud services, today announced that the parties have agreed to extend the outside date of the merger agreement between flyExclusive, Inc. (NYSE American: FLYX) ("flyExclusive") and Jet.AI to June 30, 2026, with closing expected in the second quarter of 2026.

globenewswire.com - 2026-04-20 08:30:00

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JTAI Price Target Summary

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JTAI Recent Analyst Grades

Date Analyst Firm Action Previous Grade New Grade
2026-03-11 Maxim Group Maintain Buy Buy
2025-08-20 Maxim Group Maintain Buy Buy