newsfilter
← Latest News
GlobeNewswire·

Jet.AI Announces Adjournment of Previously Scheduled Special Meeting of Stockholders

  • Jet.AI Inc. adjourned its Special Meeting originally scheduled for June 11, 2026, to allow more time for stockholders to vote on the flyExclusive, Inc. transaction.
  • The reconvened Special Meeting is set for June 23, 2026, at 4:00 p.m. Eastern time via the same virtual link.
  • As of the May 8, 2026 record date, 1,421,721 shares were outstanding, with 486,285 shares (approximately 34.2%) represented at the initial meeting.
  • Approximately 99% of the votes cast at the initial meeting were in favor of the transaction.
  • Stockholders who already submitted proxies do not need to take further action unless they wish to change their vote.
  • The transaction requires a definitive majority of outstanding shares to pass, meaning abstentions count as votes against the deal.
  • Stockholders can vote online, by phone, or by mail using the unique control number on their proxy card.
  • Proxy solicitation assistance is available through Laurel Hill Advisory Group at 888.742.1305 or JTAI@laurelhill.com.
  • flyExclusive filed a Form S-4 Registration Statement on April 30, 2026, to register shares for the proposed merger under the Amended and Restated Agreement dated May 6, 2025.
  • Definitive proxy statements were mailed to stockholders on May 8, 2026, following SEC filings on May 4, 2026.
  • The press release includes forward-looking statements regarding future results, market conditions, and the expected closing timing.
  • All relevant documents, including the Registration Statement & Proxy Statement, are available free of charge via the SEC website or Jet.AI's investor relations portal.