Jet.AI (JTAI)
Develops power-first AI data-center sites and retains aviation-booking software.
Jet.AI Plugs into Alberta's AI Boom with Investment in 200MW+ Natural Gas Powered Data Center
Natural Gas-Powered Data Center Development in Canada's Data Center Friendly, Energy-Rich, Province Strategic investment adds gigawatt-scale AI data center capacity potential in Alberta, Canada to Jet.AI's growing data center portfolio LAS VEGAS and CALGARY, Alberta, July 29, 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 a strategic equity investment in StratGrid Inc. (“StratGrid”), a Calgary, Alberta-based developer of behind-the-meter, natural gas-powered data center infrastructure. Jet.AI made the investment through SG Canada InvestCo LLC, an investment vehicle established for the transaction in which Jet.AI owns a majority interest.
Strategic Transformations Reshape the Market Landscape
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.
UPDATE: Jet.AI Shareholders to Receive $10 Per Share in Stock and Cash as Company Signs Letter of Intent for a New $300 Million Reverse Takeover
This transaction is independent of the recently completed flyExclusive deal that separately returned approximately $4.60 per share to shareholders.
Jet.AI Announces Letter of Intent for New Merger and related Spin-Off of Data Center Business
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.
Jet.AI Closes Transaction with flyExclusive, Advancing Transition to a Pure-Play AI Infrastructure
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.
Jet.AI Closes Transaction with flyExclusive, Advancing Transition to a Pure-Play AI Infrastructure
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.
Jet.AI Stockholders Approve Proposed flyExclusive Transaction
LAS VEGAS, NV, July 06, 2026 (GLOBE NEWSWIRE) -- Jet. AI Inc. ("Jet. AI" or the "Company") (NASDAQ: JTAI), an emerging provider of high-performance GPU infrastructure and AI cloud services, today announced that its stockholders have approved the proposed transaction with flyExclusive, Inc.
flyExclusive Reaches Final Approval Milestone for Jet.AI Transaction, Positioning Company for Continued Growth
KINSTON, N.C.--(BUSINESS WIRE)--flyExclusive, Inc. (NYSE American: FLYX) (“flyExclusive” or the “Company”), a vertically integrated provider of private jet experiences, announces that the special meeting of stockholders of Jet.AI Inc. (NASDAQ: JTAI) (“Jet.AI”), held in connection with the previously announced merger of Jet.AI and flyExclusive, concluded on July 2, 2026. flyExclusive today announced that Jet.AI stockholders have approved the previously announced merger, satisfying one of the fin.
Jet.AI Stockholders Approve Proposed flyExclusive Transaction
LAS VEGAS, NV, July 06, 2026 (GLOBE NEWSWIRE) -- Jet.AI Inc. ("Jet.AI" or the “Company”) (NASDAQ: JTAI), an emerging provider of high-performance GPU infrastructure and AI cloud services, today announced that its stockholders have approved the proposed transaction with flyExclusive, Inc. (“flyExclusive”) at the Company's reconvened Special Meeting of Stockholders (“Special Meeting”), which was held on July 2, 2026 at 4:00 p.m. Eastern time.
Jet.AI Stockholder Votes Exceed Majority Threshold for flyExclusive Transaction
Holders of Record as of July 6th Eligible for Merger Consideration Pending Final Vote July 2nd 4pm EDT LAS VEGAS, NV, July 01, 2026 (GLOBE NEWSWIRE) -- Jet. AI Inc. ("Jet. AI") (NASDAQ: JTAI), an emerging provider of high-performance GPU infrastructure and AI cloud services, today reported that it has been advised that the majority of shares entitled to vote in the Special Meeting of Stockholders have voted in favor of its proposed transaction with flyExclusive, Inc.
Jet.AI Stockholder Votes Exceed Majority Threshold for flyExclusive Transaction
Holders of Record as of July 6 th Eligible for Merger Consideration Pending Final Vote July 2 nd 4pm EDT
flyExclusive Reaffirms Strategic Priorities and Provides Update on Pending Jet.AI Transaction
KINSTON, N.C.--(BUSINESS WIRE)--flyExclusive, Inc. (NYSE American: FLYX) today reaffirmed its strategic priorities for 2026 and provided an update on the pending merger with Jet.AI Inc. (NASDAQ: JTAI). “As we move through 2026, our focus remains unchanged: improving profitability, strengthening our balance sheet, increasing aircraft utilization, and creating long-term value for shareholders,” said Jim Segrave, Founder, Chairman and Chief Executive Officer of flyExclusive. “The pending Jet.AI tr.
Jet.AI Within 2.1% (29,594 Shares) of Securing Shareholder Approval for Proposed flyExclusive Transaction; Meeting Adjourned Until July 2
LAS VEGAS, NV, June 24, 2026 (GLOBE NEWSWIRE) -- Jet.AI Inc. ("Jet.AI" or the "Company") (NASDAQ: JTAI), an emerging provider of high-performance GPU infrastructure and AI cloud services, today announced that its Special Meeting of Stockholders (the “Special Meeting”), originally convened on June 11, 2026 and previously adjourned to June 23, 2026, has been further adjourned to July 2, 2026 to allow additional time for stockholders to vote on the proposals described in the Company's definitive proxy statement in relation to the flyExclusive, Inc. transaction.
Jet.AI Issues Investor Guide on Proposed flyExclusive Merger Transaction
What the Deal Is, What It Is Not, and What You Should Do As of June 16, 2026, approximately 37.9% of the shares outstanding and entitled to vote had been voted. Approximately 98.3% of the votes cast were in favor of the transaction.
Jet.AI Announces New Record Date for Distribution of SpinCo Shares in Connection with Proposed flyExclusive Transaction
LAS VEGAS, NV, June 15, 2026 (GLOBE NEWSWIRE) -- Jet. AI Inc. (NASDAQ: JTAI) (the "Company" or "Jet. AI"), an emerging provider of high-performance GPU infrastructure and AI cloud services, today announced that it has established June 25, 2026 as the new record date for determining stockholders entitled to participate in the previously announced distribution of Jet.
Jet.AI Announces New Record Date for Distribution of SpinCo Shares in Connection with Proposed flyExclusive Transaction
LAS VEGAS, NV, June 15, 2026 (GLOBE NEWSWIRE) -- Jet.AI Inc. (NASDAQ: JTAI) (the "Company" or "Jet.AI"), an emerging provider of high-performance GPU infrastructure and AI cloud services, today announced that it has established June 25, 2026 as the new record date for determining stockholders entitled to participate in the previously announced distribution of Jet.AI SpinCo, Inc. (“SpinCo”) shares in connection with the proposed transaction with flyExclusive, Inc. ("flyExclusive").
Jet.AI Announces Adjournment of Previously Scheduled Special Meeting of Stockholders
LAS VEGAS, NV, June 11, 2026 (GLOBE NEWSWIRE) -- Jet.AI Inc. (NASDAQ: JTAI) (the "Company" or "Jet.AI"), an emerging provider of high-performance GPU infrastructure and AI cloud services, announced that its previously scheduled Special Meeting of Stockholders (the “Special Meeting”), originally scheduled for June 11, 2026, was convened and adjourned, to allow additional time for stockholders to vote on the proposals described in the Company's definitive proxy statement in relation to the flyExclusive, Inc. transaction.
Jet.AI to Present in Maxim Group's “Architecting Tomorrow: The AI Data Center Summit" on Thursday, June 11, 2026 at 1:30 p.m. ET
LAS VEGAS, NV, June 10, 2026 (GLOBE NEWSWIRE) -- Jet.AI Inc. (NASDAQ: JTAI) (the "Company" or "Jet.AI"), an emerging provider of high-performance GPU infrastructure and AI cloud services, will present at Maxim Group LLC's “Architecting Tomorrow: The AI Data Center Summit” on Thursday, June 11, 2026 at 1:30 p.m. Eastern time.
Jet.AI Announces Review of Strategic Alternatives for SpaceX Equity Interest
LAS VEGAS, NV, June 09, 2026 (GLOBE NEWSWIRE) -- Jet.AI Inc. (NASDAQ: JTAI) (the "Company" or "Jet.AI"), an emerging provider of high-performance GPU infrastructure and AI cloud services, today announced that its Board of Directors (the “Board”) has authorized a formal review of strategic alternatives with respect to the Company's equity interest in Space Exploration Technologies Corp. ("SpaceX").
JET.AI ANNOUNCES LEADING INDEPENDENT PROXY ADVISORY FIRM ISS RECOMMENDS STOCKHOLDERS VOTE “FOR” THE PROPOSED MERGER
Both ISS and Glass Lewis Now Recommend “FOR” - Jet.AI Urges Stockholders to Vote Ahead of the Upcoming Special Meeting of Stockholders