MergerJun 1, 2026, 08:31 AM
Jet.AI Urges Stockholders to Vote FOR flyExclusive Merger After Glass Lewis Recommendation
AI Summary
Jet.AI Inc. announced that Glass, Lewis & Co. has recommended stockholders vote "FOR" the proposed merger with flyExclusive, Inc. The Jet.AI Board of Directors strongly concurs with this recommendation and urges all stockholders to cast their votes promptly. The company emphasizes that every vote is critical, and not voting has the same effect as voting "AGAINST" the deal, which requires an affirmative majority of outstanding shares.
Key Highlights
- Glass Lewis recommended Jet.AI stockholders vote "FOR" the proposed merger with flyExclusive.
- Jet.AI's Board of Directors strongly concurs with Glass Lewis's recommendation.
- Stockholders are urged to vote "FOR" the merger as soon as possible.
- Not voting has the same effect as voting "AGAINST" the merger.
- Special Meeting of Stockholders is scheduled virtually for June 11, 2026.
- Record date for voting was May 8, 2026.
- Proxy solicitor Laurel Hill Advisory Group is available for voting assistance.
Price Impact
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