Jet.AI announces new record date
Stockholders of record on June 25, 2026 will receive SpinCo shares in connection with the proposed flyExclusive merger, pending stockholder approval and customary closing conditions.
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AI data center infrastructure developer
jet.aiLast updated
In short: Jet.AI stockholders approved a merger with flyExclusive to divest aviation assets, while the company explores strategic options for its SpaceX stake.
Stockholders of record on June 25, 2026 will receive SpinCo shares in connection with the proposed flyExclusive merger, pending stockholder approval and customary closing conditions.
Adjourned to June 23 to allow more time for voting; 99% of votes cast support the flyExclusive transaction.
The Board will consider options including sale, spin-off, or retention to maximize shareholder value.
The distribution is part of the proposed merger with flyExclusive. Stockholders as of June 15, 2026 will receive shares of flyExclusive Class A common stock.
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