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0.0531582238899313 0.00125078173858665 0.00312695434646654 -0.0200125078173857 -0.00875547217010622 0.0325203252032521 -0.099437148217636 -0.0975609756097561
Stock impact report

Jet.AI Provides Capital Structure and Strategic Update in Connection with Merger Agreement Amendment

Jet.AI Inc. (JTAI) 
Company Research Source: GlobeNewswire
LAS VEGAS, NV, Feb. 12, 2026 (GLOBE NEWSWIRE) -- Jet.AI Inc. (“Jet.AI” or the “Company”) (Nasdaq: JTAI), an emerging provider of high-performance GPU infrastructure and AI cloud services, today announced updates regarding its capital structure, financing arrangements and strategic flexibility in connection with a newly executed amendment (the “Amendment”) to its previously announced Amended and Restated Agreement and Plan of Merger and Reorganization (the “Merger Agreement”) with flyExclusive, Inc. (NYSE: FLYX) (“flyExclusive”). The Amendment was executed February 11, 2026. As part of the Amendment, the parties agreed to eliminate the closing condition that would have required the Company to execute a new securities purchase agreement with a third-party investor, pursuant to which the Company would have issued the investor a warrant to purchase up to $50 million worth of shares of a newly-designated series of preferred stock. The Company confirmed that it currently has sufficient p Show less Read more
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