MergerJun 11, 2026, 06:24 PM
Jet.AI Special Meeting Adjourned, Reconvenes June 23 for flyExclusive Deal
AI Summary
Jet.AI Inc. announced the adjournment of its Special Meeting of Stockholders, originally scheduled for June 11, 2026, to allow additional time for stockholders to vote on the flyExclusive, Inc. transaction proposals. The meeting will reconvene on June 23, 2026, at 4:00 p.m. Eastern time. While approximately 34.2% of outstanding shares were represented and 99% of votes cast were in favor, the transaction requires a definitive majority of outstanding shares to pass, making every vote critical.
Key Highlights
- Jet.AI's Special Meeting of Stockholders, originally scheduled for June 11, 2026, was convened and adjourned.
- The Special Meeting will reconvene on June 23, 2026, at 4:00 p.m. Eastern time.
- As of the May 8, 2026 record date, 1,421,721 shares of common stock were outstanding and entitled to vote.
- A total of 486,285 shares (approximately 34.2% of outstanding) were represented at the meeting.
- Approximately 99% of the votes already cast were in favor of the flyExclusive, Inc. transaction.
- The transaction requires a definitive majority threshold of outstanding shares to pass.
- Stockholders are urged to vote as not voting has the same effect as voting "AGAINST" the deal.
Price Impact
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