Jet.AI Inc. Files 8-K: Material Agreement & Financials
Ticker: JTAI · Form: 8-K · Filed: Oct 28, 2024 · CIK: 1861622
Sentiment: neutral
Topics: material-agreement, financials, corporate-action
TL;DR
Jet.AI signed a big deal, check the financials.
AI Summary
Jet.AI Inc. entered into a Material Definitive Agreement on October 25, 2024. The filing also includes financial statements and exhibits. The company, formerly known as Oxbridge Acquisition Corp., is incorporated in Delaware and headquartered in Las Vegas, Nevada.
Why It Matters
This 8-K filing indicates a significant new agreement for Jet.AI Inc., which could impact its future operations and financial performance.
Risk Assessment
Risk Level: medium — Material definitive agreements can introduce new risks or opportunities that are not yet fully understood.
Key Players & Entities
- Jet.AI Inc. (company) — Registrant
- Oxbridge Acquisition Corp. (company) — Former Name
- October 25, 2024 (date) — Date of earliest event reported
- 10845 Griffith Peak Dr. Suite 200 Las Vegas , NV 89135 (address) — Principal Executive Offices
- 702-747-4000 (phone_number) — Registrant's Telephone Number
FAQ
What is the nature of the Material Definitive Agreement entered into by Jet.AI Inc. on October 25, 2024?
The filing states that Jet.AI Inc. entered into a Material Definitive Agreement on October 25, 2024, but the specific details of this agreement are not provided in the excerpt.
When was Jet.AI Inc. formerly known as Oxbridge Acquisition Corp.?
The company's name was changed from Oxbridge Acquisition Corp. to Jet.AI Inc. on May 11, 2021.
Where are Jet.AI Inc.'s principal executive offices located?
Jet.AI Inc.'s principal executive offices are located at 10845 Griffith Peak Dr., Suite 200, Las Vegas, NV 89135.
What is the SIC code for Jet.AI Inc.?
The Standard Industrial Classification (SIC) code for Jet.AI Inc. is 4522, which corresponds to AIR TRANSPORTATION, NONSCHEDULED.
What is the fiscal year end for Jet.AI Inc.?
Jet.AI Inc.'s fiscal year ends on December 31.
Filing Stats: 852 words · 3 min read · ~3 pages · Grade level 10.6 · Accepted 2024-10-28 16:39:04
Key Financial Figures
- $0.0001 — ch registered Common Stock, par value $0.0001 per share JTAI The Nasdaq Stock Mar
- $5,400,000 — an aggregate gross sales price of up to $5,400,000 (the "Shares"). Sales of the Shares, if
Filing Documents
- form8-k.htm (8-K) — 41KB
- ex1-1.htm (EX-1.1) — 249KB
- ex5-1.htm (EX-5.1) — 18KB
- ex5-1_001.jpg (GRAPHIC) — 4KB
- 0001493152-24-042700.txt ( ) — 543KB
- jtai-20241025.xsd (EX-101.SCH) — 3KB
- jtai-20241025_lab.xml (EX-101.LAB) — 33KB
- jtai-20241025_pre.xml (EX-101.PRE) — 24KB
- form8-k_htm.xml (XML) — 4KB
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/ Michael Winston Michael Winston Executive Chairman and Interim Chief Executive Officer Date: October 28, 2024