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Stock impact report

Jet.AI and flyExclusive Clear Path to Closing Merger in Second Quarter of 2026 [Yahoo! Finance]

Jet.AI Inc. (JTAI) 
Company Research Source: Yahoo! Finance
high-performance GPU infrastructure and AI cloud services, today announced that the parties have agreed to extend the outside date of the merger agreement between flyExclusive, Inc. (NYSE American: FLYX) ("flyExclusive") and Jet.AI to June 30, 2026, with closing expected in the second quarter of 2026. "We're enthusiastic about the deal and remain fully committed," said Jet.AI Founder and Executive Chairman Mike Winston. "The SEC review process included comments related to flyExclusive's disclosures for the 2023 period. The comments were addressed and fully resolved. With that progress, we are moving forward toward closing.” flyExclusive's Founder and Chief Executive Officer, Jim Segrave, added: "We are pleased with the transaction and remain firmly committed. Both teams have continued to work expeditiously toward closing, and we look forward to completing the combination in the second quarter." flyExclusive refiled its Form S-4 related to the transaction on April 14, 2026, avail Show less Read more
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