Millennium Management Affiliates Update FLYX Stake as of Dec 31, 2023

TL;DR

**Millennium Management still owns FLYX shares, signaling continued institutional interest.**

AI Summary

Millennium Management LLC and its affiliates, including Integrated Core Strategies (US) LLC, filed an amended Schedule 13G/A on February 5, 2024, indicating their ownership of Class A Common Stock in FLYEXCLUSIVE INC. as of December 31, 2023. This filing updates their previous disclosure, showing their continued investment in the private jet charter company. This matters to investors because it reveals that a major institutional investor, Millennium Management, maintains a position in FLYEXCLUSIVE, potentially signaling confidence in the company's future.

Why It Matters

This filing shows that a significant institutional investor, Millennium Management, continues to hold shares in FLYEXCLUSIVE INC., which can influence market perception and investor confidence in the stock.

Risk Assessment

Risk Level: low — This is a routine amendment to a beneficial ownership report, indicating no immediate new risks but rather a confirmation of existing holdings.

Analyst Insight

An investor should note that a major institutional investor like Millennium Management continues to hold a position in FLYEXCLUSIVE. While this doesn't guarantee future performance, it suggests that the company has passed their due diligence. Investors might consider researching FLYEXCLUSIVE's recent performance and future outlook to understand why Millennium maintains its stake.

Key Players & Entities

• Millennium Management LLC (company) — reporting person and institutional investor
• FLYEXCLUSIVE INC. (company) — subject company whose stock is being reported
• Integrated Core Strategies (US) LLC (company) — group member and reporting person
• Israel A. Englander (person) — group member associated with Millennium Management
• December 31, 2023 (date) — date of event requiring the filing

Forward-Looking Statements

• Millennium Management will maintain its stake in FLYEXCLUSIVE INC. through the next quarter. (Millennium Management LLC) — medium confidence, target: March 31, 2024

FAQ

Key Financial Figures

• $0.0001 — suer) CLASS A COMMON STOCK, PAR VALUE $0.0001 PER SHARE (Title of Class of Securiti

Filing Documents

• FLYX_SC13GA.htm (SC 13G/A) — 135KB
• 0001319244-24-000022.txt ( ) — 137KB

If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b), check whether the person filing is

Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b), check whether the person filing is a: (a) o Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o); (b) o Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); (c) o Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); (d) o Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); (e) o An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E); (f) o An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F); CUSIP No. 343928107 SCHEDULE 13G Page 11 of 15 (g) o A parent holding company or control person in accordance with 240.13d-1(b)(1)(ii)(G); (h) o A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) o A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) o Group, in accordance with 240.13d-1(b)(1)(ii)(J).

Ownership

Item 4. Ownership Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount Beneficially Owned: See response to Item 9 on each cover page. (b) Percent of Class: See response to Item 11 on each cover page. For each reporting person, the percent of the class reported herein as beneficially owned by such reporting person gives effect to shares deemed to be outstanding as provided in Rule 13d-3(d)(1)(i), if any, presuming that all those warrants to purchase shares of the class reported herein that are held or otherwise controlled by any reporting person are exercisable within sixty days of the date hereof. CUSIP No. 343928107 SCHEDULE 13G Page 12 of 15 (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote See response to Item 5 on each cover page. (ii) Shared power to vote or to direct the vote See response to Item 6 on each cover page. (iii) Sole power to dispose or to direct the disposition of See response to Item 7 on each cover page. (iv) Shared power to dispose or to direct the disposition of See response to Item 8 on each cover page. The securities disclosed herein as potentially beneficially owned by Millennium Management LLC, Millennium Group Management LLC and Mr. Englander are held by entities subject to voting control and investment discretion by Millennium Management LLC and/or other investment managers that may be controlled by Millennium Group Management LLC (the managing member of Millennium Management LLC) and Mr. Englander (the sole voting trustee of the managing member of Millennium Group Management LLC). The foregoing should not be construed in and of itself as an admission by Millennium Management LLC, Millennium Group Management LLC or Mr. Englander as to beneficial ownership of the securities held by such entities.

Ownership of Five Percent or Less of a Class

Item 5. Ownership of Five Percent or Less of a Class If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following þ .

Ownership of More than Five Percent on Behalf of Another Person

Item 6. Ownership of More than Five Percent on Behalf of Another Person. Not applicable.

Identification and Classification of the Subsidiary Which Acquired

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. Not applicable.

Identification and Classification of Members of the Group

Item 8. Identification and Classification of Members of the Group See Exhibit I.

Notice of Dissolution of Group

Item 9. Notice of Dissolution of Group Not applicable.

Certification

Item 10. Certification By signing below each of the undersigned certifies that, to the best of its knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. CUSIP No. 343928107 SCHEDULE 13G Page 13 of 15 Exhibits: Exhibit I: Joint Filing Agreement, dated as of February 2, 2024, by and among Integrated Core Strategies (US) LLC, ICS Opportunities II LLC, ICS Opportunities, Ltd., Millennium International Management LP, Millennium Management LLC, Millennium Group Management LLC and Israel A. Englander. CUSIP No. 343928107 SCHEDULE 13G Page 14 of 15 SIGNATURE After reasonable inquiry and to the best of its knowledge and belief, each of the undersigned certifies that the information with respect to it set forth in this statement is true, complete, and correct. Dated: February 2, 2024 INTEGRATED CORE STRATEGIES (US) LLC By: Integrated Holding Group LP, its Managing Member By: Millennium Management LLC, its General Partner By: /s/ Gil Raviv Name: Gil Raviv Title: Global General Counsel ICS OPPORTUNITIES II LLC By: Millennium International Management LP, its Investment Manager By: /s/ Gil Raviv Name: Gil Raviv Title: Global General Counsel ICS OPPORTUNITIES, LTD. By: Millennium International Management LP, its Investment Manager By: /s/ Gil Raviv Name: Gil Raviv Title: Global General Counsel MILLENNIUM INTERNATIONAL MANAGEMENT LP By: /s/Gil Raviv Name: Gil Raviv Title: Global General Counsel MILLENNIUM MANAGEMENT LLC By: /s/Gil Raviv Name: Gil Raviv Title: Global General Counsel MILLENNIUM GROUP MANAGEMENT LLC By: /s/Gil Raviv Name: Gil Raviv Title: Global General Counsel /s/ Israel A. Englander Israel A. Englander CUSIP No. 343

View Full Filing

View this SC 13G/A filing on SEC EDGAR