Jet.AI Inc.
Sector: Air Transportation, NonscheduledIndustry: Software - ApplicationCountry: USExchange: Nasdaq
DilutionScan read 35 of Jet.AI Inc.'s SEC filings and found 2 warrant series, 1 convertible, 2 ATM programs, 1 equity line, 6 shelf registrations, 4 S-1 registrations and 3 completed offerings on file for JTAI. The latest dilution event on file is ATM sales on Jul 31, 2026. Analysis updated Nov 1, 2026.
Signal8 Summary
JTAI
Going-concern warning and reverse split
Snapshot
Jet.AI is a tiny micro-cap with a struggling aviation business. FY 2025 revenue was $9.2M, down 34.6% year-over-year, and the company posted a negative gross profit of $300K, meaning it costs more to run the service than it brings in.
What's Happening Right Now
- : Jet.AI signed a non-binding letter of intent to merge with a privately held operating company in a deal valued at approximately $320 million, planning to spin off its data center business.
- : Jet.AI closed its transaction with flyExclusive, distributing SpinCo shares to stockholders and completing its transition to a pure-play AI infrastructure company.
- : The Board authorized a formal review of strategic alternatives for its equity interest in SpaceX, including a potential spin-off or sale, citing the anticipated IPO.