flyExclusive establishes $6.9 million at-the-market offering program

flyExclusive Inc. (NYSE: FLYX) entered into an at-the-market offering agreement with Lucid Capital Markets LLC on February 10, 2026, allowing the company to sell up to $6,917,931 of Class A common stock shares.

The agreement permits flyExclusive to offer shares through various methods including block trades, ordinary broker transactions, direct sales on NYSE American LLC, and negotiated transactions at prevailing market prices. Lucid Capital Markets will receive a 2.5% commission on gross sales and up to $65,000 in reimbursable expenses, plus $5,000 per quarter while the agreement remains active.

The stock sales will be conducted under flyExclusive's shelf registration statement on Form S-3, which the Securities and Exchange Commission declared effective on June 30, 2025. A related prospectus supplement was filed with the SEC on February 10, 2026.

Neither flyExclusive nor Lucid Capital Markets is obligated to buy or sell shares under the agreement. The company may terminate the agreement with five business days' written notice to the agent, while the agent may terminate at any time.

flyExclusive cannot sell shares exceeding the number registered on the registration statement, authorized but unissued shares, or the amount permitted under Form S-3 regulations. The company may also sell shares directly to Lucid Capital Markets as principal through separate agreements.

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