Welcome to our dedicated page for Jet.AI news (Ticker: JTAI), a resource for investors and traders seeking the latest updates and insights on Jet.AI stock.
Jet.AI Inc. reports developments tied to its transition toward artificial intelligence infrastructure, including high-performance GPU infrastructure, AI cloud services, and data center project activity. Company updates have covered Convergence Compute LLC hyperscale data center campus milestones, power and site-development items, and operating and financial results.
Other recurring Jet.AI news concerns capital-structure and governance actions, including common-stock split activity, Nasdaq listing-compliance matters, share repurchase authorization, stockholder voting matters, risk-factor disclosures, and material agreements. The company has also disclosed an SPV-based economic interest in equity certificates tied to SpaceX preferred stock.
Jet.AI (NASDAQ:JTAI) stockholders approved the proposed transaction with flyExclusive at a reconvened Special Meeting on July 2, 2026. Of 778,325 shares represented, about 99% of votes cast supported the deal.
On closing, stockholders of record on July 6, 2026 are entitled to merger consideration in Jet.AI SpinCo, while retaining existing Jet.AI shares. The transaction, aimed at focusing Jet.AI on AI infrastructure and expanding flyExclusive’s private aviation platform, is expected to close on or about July 7, 2026, subject to remaining customary conditions.
flyExclusive (NYSE American: FLYX) announced that Jet.AI (NASDAQ: JTAI) stockholders approved the planned merger on July 2, 2026, clearing a final key condition. Closing is expected on or about July 7, 2026, subject to remaining customary conditions.
Q1 2026 revenue was $96.4 million, up about 9% year over year, with flight hours rising 7% to 18,537. flyExclusive reported positive Adjusted EBITDA for the second consecutive quarter, improving $6.6 million versus the prior year. In May 2026, it ranked number 1 North American Part 135 operator by both flight hours and flight count, surpassing 7,000 flight hours that month.
Jet.AI (NASDAQ:JTAI) reported that a majority of eligible shares have already voted in favor of its proposed transaction with flyExclusive (NYSE:FLYX), exceeding the approval threshold. The Special Meeting reconvenes on July 2, 2026 at 4:00 p.m. ET, when results will be certified.
Subject to final stockholder approval and customary closing conditions, closing is expected on or about July 7, 2026. Stockholders of record as of July 6, 2026 are expected to receive the merger consideration outlined in the definitive proxy statement/prospectus.
flyExclusive (NYSE American: FLYX) reaffirmed its 2026 strategic priorities of improving profitability, strengthening its balance sheet, boosting aircraft utilization and creating long-term shareholder value. The vertically integrated platform spans charter, MRO, aircraft sales and technology-enabled services.
The company reported flying over 7,000 hours last month, the highest utilization in its history. On the pending merger with Jet.AI (NASDAQ: JTAI), 688,285 shares (48.4% of outstanding) have voted for the deal, with about 99% of votes cast in favor. Roughly 22,500 additional affirmative votes are needed to reach the required majority.
The Jet.AI Special Meeting was adjourned and will reconvene on July 2, 2026 to allow more stockholders to vote. ISS and Glass Lewis have recommended that Jet.AI stockholders support the merger. The Merger Agreement remains in effect with unchanged terms, structure and economics, and both companies continue working toward satisfying remaining closing conditions.
Jet.AI (NASDAQ:JTAI) adjourned its Special Meeting to July 2, 2026 to gain more votes on the proposed flyExclusive transaction. As of the May 8, 2026 record date, 48.4% of outstanding shares were represented, with about 99.0% of those votes in favor. Jet.AI is within 2.1% (29,594 shares) of the majority needed. The record date for Jet.AI SpinCo share distribution was moved from June 25 to July 6, 2026. ISS and Glass Lewis recommend voting “FOR” the transaction.
Jet.AI (NASDAQ:JTAI) issued an investor guide on its proposed merger transaction with flyExclusive (NYSE American: FLYX). As of June 16, 2026, about 37.9% of eligible shares had voted, with roughly 98.3% of votes cast supporting the deal.
If approved by a majority of outstanding shares, stockholders would receive SpinCo shares that convert into flyExclusive Class A stock while retaining their Jet.AI shares. The aviation assets and working capital move into SpinCo, which then merges into flyExclusive, allowing Jet.AI to pivot fully to AI infrastructure and data centers.
The reconvened Special Meeting is set for June 23, 2026, with a voting deadline of 11:59 p.m. ET on June 22, 2026 for those not attending.
Jet.AI (NASDAQ:JTAI) set June 25, 2026 as the new record date for stockholders eligible to receive shares of Jet.AI SpinCo in connection with the proposed flyExclusive transaction. SpinCo shares will be distributed pro rata and are expected to be delivered immediately before the merger with flyExclusive’s subsidiary.
After the merger closes, these SpinCo shares will convert into the right to receive flyExclusive Class A common stock, subject to stockholder approval and closing conditions. Jet.AI’s Special Meeting reconvenes on June 23, 2026 at 4:00 p.m. ET, and the Board urges stockholders to vote FOR the transaction.
Jet.AI (NASDAQ:JTAI) convened and adjourned its June 11, 2026 Special Meeting to allow more time for stockholders to vote on the proposed flyExclusive transaction. As of the May 8, 2026 record date, 486,285 of 1,421,721 shares (34.2%) were represented, with about 99% of votes cast favoring the deal. The meeting will reconvene virtually on June 23, 2026, at 4:00 p.m. Eastern time, using the same online link.
Jet.AI (NASDAQ:JTAI), an emerging provider of high-performance GPU infrastructure and AI cloud services, will present at Maxim Group’s virtual “Architecting Tomorrow: The AI Data Center Summit” on Thursday, June 11, 2026 at 1:30 p.m. ET.
The event will be hosted on the Maxim Digital platform and will feature discussions on AI infrastructure challenges, including power availability and pricing, GPU procurement, cooling requirements, construction sequencing, tenant quality, financing, and scaling capacity to meet generative AI demand.
Jet.AI (NASDAQ:JTAI) authorized a Board-led review of strategic alternatives for its equity interest in SpaceX. Options include keeping its stake, acquiring more, selling part or all, or distributing the interest via spin-off or special dividend.
Jet.AI previously made a $5 million strategic investment providing an economic interest in SpaceX and related subsidiaries. Citing reports of a potential $1.75 trillion SpaceX IPO valuation, the Board engaged independent financial and legal advisors. No decisions have been made, and there is no assurance any transaction will occur.