Jet.AI Inc. stockholders approved the Merger Proposal on July 2, 2026, following several adjournments of the Special Meeting. The transaction involves a merger and reorganization involving flyExclusive, Inc. and a SpinCo, Inc. distribution of shares. Stockholders of record as of July 6, 2026, will receive one share of SpinCo common stock for each share of Jet.AI common stock. Jet.AI Inc. operates in the private aviation industry and provides aviation services.
