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JTAI does not currently pay a dividend.
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Jet.AI Inc. focuses on developing and managing technological platforms for the private aviation industry. The company offers CharterGPT, an advanced booking system that identifies potential clients and generates quotes for private jet travel. This platform organizes flights utilizing both Jet.AI's own aircraft and those from affiliated third-party carriers. Additionally, Jet.AI provides the Flight Club API, a specialized aviation software. This tool empowers operators regulated under FAA Part 135 to concurrently operate under FAA Part 380, which permits the sale of individual seats on private…
DENVER, July 15, 2026 (GLOBE NEWSWIRE) -- ( 247marketnews.com ) -- Several small-cap companies announced developments that could reshape their long-term business models, while others reported operational progress that investors will be watching closely over the coming quarters. Jet.AI (NASDAQ: JTAI) announced a non-binding letter of intent for a proposed business combination with a privately held operating company in a transaction valued at approximately $320 million in enterprise value.
This transaction is independent of the recently completed flyExclusive deal that separately returned approximately $4.60 per share to shareholders.
Proposed business combination and spin-off designed to provide stockholders with equity in two public companies LAS VEGAS, July 14, 2026 (GLOBE NEWSWIRE) -- Jet.AI Inc. (NASDAQ: JTAI) (“Jet.AI” or the “Company”), an emerging provider of high-performance GPU infrastructure and AI cloud services, today announced that it has entered into a non-binding letter of intent (the “LOI”) for a proposed business combination with a privately held operating company (the “Counterparty”). The proposed transaction is expected to be priced at approximately $320mm of total enterprise value with approximately $20mm of the $320mm (or roughly 5-6% of the pro-forma company) allocated to Jet.AI shareholders.
LAS VEGAS, July 13, 2026 (GLOBE NEWSWIRE) -- Jet. AI Inc. (NASDAQ: JTAI) ("Jet. AI" or the "Company"), an emerging provider of high-performance GPU infrastructure and AI cloud services, announced the successful closing of its merger transaction with flyExclusive, Inc. ("flyExclusive"), following stockholder approval at the Company's reconvened Special Meeting of Stockholders and satisfaction of all remaining customary closing conditions.
LAS VEGAS, July 13, 2026 (GLOBE NEWSWIRE) -- Jet.AI Inc. (NASDAQ: JTAI) (“Jet.AI” or the “Company”), an emerging provider of high-performance GPU infrastructure and AI cloud services, announced the successful closing of its merger transaction with flyExclusive, Inc. (“flyExclusive”), following stockholder approval at the Company's reconvened Special Meeting of Stockholders and satisfaction of all remaining customary closing conditions.