Jet.AI Inc. Completes Acquisition of 01 Energy & Transportation
Ticker: JTAI · Form: 8-K · Filed: Jul 2, 2025 · CIK: 1861622
Sentiment: neutral
Topics: acquisition, corporate-action
TL;DR
Jet.AI just bought 01 Energy & Transportation. Big move for them.
AI Summary
Jet.AI Inc. announced on June 26, 2025, the completion of its acquisition of 01 Energy & Transportation. The company, formerly known as Oxbridge Acquisition Corp. until May 11, 2021, is incorporated in Delaware and headquartered in Las Vegas, Nevada.
Why It Matters
This acquisition marks a significant step for Jet.AI Inc. in expanding its operations within the energy and transportation sector.
Risk Assessment
Risk Level: medium — Acquisitions carry inherent risks related to integration, market reception, and financial performance.
Key Players & Entities
- Jet.AI Inc. (company) — Registrant
- 01 Energy & Transportation (company) — Acquired entity
- Oxbridge Acquisition Corp. (company) — Former company name
- June 26, 2025 (date) — Date of earliest event reported
- May 11, 2021 (date) — Date of name change
FAQ
What was the previous name of Jet.AI Inc.?
The company was formerly known as Oxbridge Acquisition Corp.
When did the name change from Oxbridge Acquisition Corp. to Jet.AI Inc. occur?
The date of the name change was May 11, 2021.
What is the principal executive office address of Jet.AI Inc.?
The address is 10845 Griffith Peak Dr., Suite 200, Las Vegas, NV 89135.
What is the SIC code for Jet.AI Inc.?
The Standard Industrial Classification code is 4522, for AIR TRANSPORTATION, NONSCHEDULED.
What event is reported on June 26, 2025?
The earliest event reported on June 26, 2025, is the completion of an acquisition or disposition of assets.
Filing Details
This Form 8-K (Form 8-K) was filed with the SEC on July 2, 2025 regarding Jet.AI Inc. (JTAI).