BRIEF-Jet.Ai Provides Capital Structure And Strategic Update In Connection With Merger Agreement Amendment-March 2024-www.financetom.com

BRIEF-Jet.Ai Provides Capital Structure And Strategic Update In Connection With Merger Agreement Amendment

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BRIEF-Jet.Ai Provides Capital Structure And Strategic Update In Connection With Merger Agreement Amendment

Mar 11, 2026 3:58 AM

Feb 12 (Reuters) - Flyexclusive Inc ( FLYX ):

* JET.AI ( JTAI ) PROVIDES CAPITAL ‌STRUCTURE AND ⁠STRATEGIC UPDATE ⁠IN

CONNECTION WITH ‌MERGER ‌AGREEMENT AMENDMENT

* JET.AI ( JTAI ) INC: ‌COMPANY AND THIRD-PARTY INVESTOR AGREED NOT ‌TO

PROCEED WITH $50 MILLION FINANCING

* JET.AI ( JTAI ) ⁠INC: FLYEXCLUSIVE ( FLYX ) ⁠HAS FURTHER CONSENTED TO ⁠JET.AI'S

ABILITY ‌TO PURSUE ‌CERTAIN ⁠ADDITIONAL MERGER AND ACQUISITION

OPPORTUNITIES

* JET.AI INC ( JTAI ) - COMPANY HAS SUFFICIENT POSITIVE NET WORKING

CAPITAL

FOR CLOSING

Source ‌text:

Further company coverage:

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