MergerJul 1, 2026, 05:08 PM
Jet.AI Merger with flyExclusive Nears Approval; Final Vote July 2
AI Summary
Jet.AI Inc. announced that a majority of shares have voted in favor of its proposed merger with flyExclusive, exceeding the required amount for approval. The vote is not yet final, with the Special Meeting of Stockholders reconvening on July 2, 2026, at 4:00 p.m. Eastern time for the final certification. Subject to final stockholder approval, the transaction is expected to close on or about July 7, 2026. Stockholders of record as of July 6, 2026, will be eligible for the merger consideration.
Key Highlights
- Majority of Jet.AI shares voted in favor of the proposed merger with flyExclusive.
- The Special Meeting of Stockholders reconvenes on July 2, 2026, at 4:00 p.m. EDT for the final vote.
- The transaction is expected to close on or about July 7, 2026, pending final approval.
- Stockholders of record as of July 6, 2026, will receive the merger consideration.
- Stockholders can change or revoke previously submitted proxies before the final vote.
Price Impact
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