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Oxbridge Acquisition Corp. - $OXACU STOCK NEWS

Welcome to our dedicated page for Oxbridge Acquisition news (Ticker: $OXACU), a resource for investors and traders seeking the latest updates and insights on Oxbridge Acquisition stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Oxbridge Acquisition's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

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Rhea-AI Summary
Oxbridge Acquisition Corp (NASDAQ: OXAC) has announced the cancellation of its extraordinary general meeting of shareholders scheduled for August 11, 2023. The cancellation is due to the completion of the Business Combination Agreement with Jet Token Inc., resulting in Oxbridge changing its name to Jet.AI Inc. and the assets and operations of Jet.AI becoming owned and operated through a subsidiary. The agreement was approved by Oxbridge's shareholders on August 7, 2023, and was consummated on August 10, 2023. As a result, the extension proposal will no longer be pursued.
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-100%
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Rhea-AI Summary
Oxbridge Acquisition Corp and Jet Token Inc. announced that their Founder and Chairman will ring the opening bell of the Nasdaq Stock Market in connection with their business combination. Oxbridge has changed its name to Jet.AI Inc. and its securities will now trade under new symbols on the Nasdaq Stock Market.
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-100%
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AI
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Rhea-AI Summary
Oxbridge Acquisition Corp and Jet Token Inc.'s business combination was approved by Oxbridge's shareholders with 99.99% of votes in favor.
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-3.22%
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0.27%
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Rhea-AI Summary
Oxbridge Acquisition Corp has postponed its extraordinary general meeting of shareholders to August 7, 2023, where they will vote on the approval of the initial business combination with Jet Token Inc. The deadline for shareholders to submit their publicly held shares for redemption has been extended to August 3, 2023.
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Rhea-AI Sentiment
End-of-Day
-2.18%
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Rhea-AI Summary
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-0.09%
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AI
Rhea-AI Summary
Jet.AI announces exclusive partnership with Go Rentals, offering priority rates and perks for ground transportation to its members. The partnership aims to create a seamless travel experience combining private aviation with luxury car rental.
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partnership AI
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Rhea-AI Summary
Jet.AI, an innovative private aviation and AI booking platform, has partnered with Cirrus Aviation to provide fans the ultimate private aviation experience for Vegas Golden Knights away games. The partnership includes brand exposure on the Golden Knights website and newsletters, as well as a Golden Knights Watch Party. Jet.AI also announced a proposed business combination with Oxbridge Acquisition Corp., which is expected to accelerate its AI software development and fleet expansion.
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Rhea-AI Sentiment
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1.1%
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partnership AI
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Oxbridge Acquisition Corp.

Nasdaq:OXACU

OXACU Rankings

OXACU Stock Data

1.08M
8.61%
Shell Companies
Financial Services
Link
Cayman Islands
George Town

About OXACU

oxbridge acquisition corp. is a blank check company, also commonly referred to as a special purpose acquisition company, or spac, organized under the laws of the cayman islands and formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. while the company may pursue an initial business combination target in any business, industry or geographical location, it intends to focus its search on a technology business within the insurtech, blockchain and artificial intelligence verticals, with enterprise value in excess of $300 million. the company is led by jay madhu, its chairman & ceo and wrendon timothy, its cfo, secretary, treasurer and director.