MergerJun 24, 2026, 08:31 AM
Jet.AI Special Meeting for flyExclusive Merger Adjourned to July 2
AI Summary
Jet.AI Inc. announced the further adjournment of its Special Meeting of Stockholders to July 2, 2026, to allow additional time for voting on the proposed flyExclusive, Inc. transaction. As of the record date, 1,421,721 shares were outstanding, with 688,430 shares (48.4%) represented at the meeting, and 99.0% of votes cast were in favor. The company also changed the record date for Jet.AI SpinCo, Inc. shares distribution from June 25, 2026, to July 6, 2026. Both Institutional Shareholder Services Inc. and Glass, Lewis & Co. have recommended that stockholders vote "FOR" the transaction.
Key Highlights
- Special Meeting for flyExclusive merger adjourned to July 2, 2026.
- Record date for voting remains May 8, 2026.
- 1,421,721 shares of common stock outstanding and entitled to vote.
- 688,430 shares (48.4%) represented at the meeting.
- 99.0% of votes cast were in favor of the flyExclusive transaction.
- Jet.AI SpinCo record date changed from June 25, 2026 to July 6, 2026.
- Independent firms ISS and Glass Lewis recommend voting "FOR" the merger.
Price Impact
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