ATTN LogoMenu
8KTier 7
Articles

Jet.AI Inc. 8K

0001493152-26-033784

View on SEC EDGAR

The parties amended their merger agreement to define and adjust the valuation mechanics for Jet.AI SpinCo’s SpaceX-related equity investment in calculating closing net cash and merger consideration.

On July 13, 2026, flyExclusive, Inc., its wholly owned subsidiary FlyX Merger Sub, Inc., Jet.AI Inc., and Jet.AI SpinCo, Inc. entered into Amendment No. 5 to their Amended and Restated Agreement and Plan of Merger and Reorganization to modify how SpinCo’s indirect equity investment in Space Exploration Technologies Corporation, held through VERSO Capital 2 SCSP, is valued for purposes of the Closing Net Cash Statement and purchase price calculations, by defining Initial Equity Investment Value and setting rules for treatment of deficit or surplus net liquidation proceeds and cases where no liquidation occurs, while reaffirming that all other merger agreement terms remain in effect.

Filing Facts

CIK
1861622
Ticker
-
Form
8K
Source Type
sec
Accession
0001493152-26-033784
Alert Tier
7
Jet.AI Inc. 8K | ATTN