Jet.AI adjourns shareholder meeting on flyExclusive transaction

Jet.AI Inc. (NASDAQ: JTAI) adjourned its special meeting of stockholders scheduled for June 11, 2026, to allow additional time for voting on proposals related to its transaction with flyExclusive, Inc.

The company reported that 486,285 shares, representing approximately 34.2% of the 1,421,721 outstanding shares entitled to vote, were represented at the meeting as of the May 8, 2026 record date. Of the votes cast, approximately 99% were in favor of the transaction.

The special meeting will reconvene on June 23, 2026, at 4:00 p.m. Eastern time as a virtual meeting. The record date, meeting proposals, and eligibility requirements remain unchanged. Stockholders who previously submitted proxies do not need to take further action unless they wish to change their vote.

The company stated that the transaction requires approval from a majority of outstanding shares, meaning abstentions have the same effect as votes against the proposal. Jet.AI encouraged stockholders to vote online, by phone, or by mail using their proxy materials.

The transaction involves a merger agreement between Jet.AI and flyExclusive, dated May 6, 2025. FlyExclusive filed a registration statement on Form S-4 with the Securities and Exchange Commission, which was declared effective on April 30, 2026. The companies filed a definitive proxy statement and prospectus on May 4, 2026.

Jet.AI describes itself as a provider of GPU infrastructure and AI cloud services. The company trades on the NASDAQ Capital Market under the ticker JTAI.

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