Jet.AI Inc. Files 8-K for Material Agreement & Equity Sales
Ticker: JTAI · Form: 8-K · Filed: Sep 25, 2024 · CIK: 1861622
Sentiment: neutral
Topics: material-agreement, equity-sale, filing
Related Tickers: JTAI
TL;DR
Jet.AI filed an 8-K for a big deal and stock sales. Details coming.
AI Summary
Jet.AI Inc. announced on September 24, 2024, that it entered into a Material Definitive Agreement. The company also reported on unregistered sales of equity securities and filed financial statements and exhibits. Further details regarding the agreement and sales are expected to be disclosed.
Why It Matters
This filing indicates significant corporate activity, including a new material agreement and equity transactions, which could impact the company's financial standing and future operations.
Risk Assessment
Risk Level: medium — The filing involves a material definitive agreement and unregistered sales of equity, which can introduce financial and operational risks.
Key Players & Entities
- Jet.AI Inc. (company) — Registrant
- September 24, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- 001-40725 (identifier) — Commission File Number
- 93-2971741 (identifier) — I.R.S. Employer Identification No.
- 10845 Griffith Peak Dr. Suite 200 Las Vegas , NV 89135 (address) — Address of principal executive offices
FAQ
What is the nature of the Material Definitive Agreement entered into by Jet.AI Inc.?
The filing states that Jet.AI Inc. entered into a Material Definitive Agreement on September 24, 2024, but the specific details of this agreement are not provided in the excerpt.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on September 24, 2024.
What are the key items reported in this 8-K filing?
This 8-K filing reports on the entry into a Material Definitive Agreement, unregistered sales of equity securities, and financial statements and exhibits.
Where is Jet.AI Inc. incorporated and what is its principal executive office address?
Jet.AI Inc. is incorporated in Delaware and its principal executive offices are located at 10845 Griffith Peak Dr. Suite 200, Las Vegas, NV 89135.
What was Jet.AI Inc.'s former company name?
Jet.AI Inc.'s former company name was Oxbridge Acquisition Corp., with a date of name change on May 11, 2021.
Filing Stats: 704 words · 3 min read · ~2 pages · Grade level 10.2 · Accepted 2024-09-25 08:35:01
Key Financial Figures
- $0.0001 — h registered: Common Stock, par value $0.0001 per share JTAI The Nasdaq Stock Mar
Filing Documents
- form8-k.htm (8-K) — 44KB
- ex10-1.htm (EX-10.1) — 39KB
- ex10-1_001.jpg (GRAPHIC) — 6KB
- ex10-1_002.jpg (GRAPHIC) — 3KB
- 0001493152-24-038056.txt ( ) — 276KB
- jtai-20240924.xsd (EX-101.SCH) — 3KB
- jtai-20240924_lab.xml (EX-101.LAB) — 33KB
- jtai-20240924_pre.xml (EX-101.PRE) — 24KB
- form8-k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 10.1 Letter Agreement, dated September 24, 2024, by and between Jet.AI Inc. and Ionic Ventures, LLC. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. JET.AI INC. By: /s/ George Murnane George Murnane Interim Chief Financial Officer September 25, 2024