tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

JetAI Extends flyExclusive Merger Timeline and Expands ATM

Story Highlights
  • Jet.AI and flyExclusive extended their merger deadline to April 30, 2026, reaffirming commitment and targeting a first-quarter closing.
  • Jet.AI boosted its at-the-market equity program from $10 million to $50 million, increasing funding flexibility within regulatory constraints.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
JetAI Extends flyExclusive Merger Timeline and Expands ATM

Claim 50% Off TipRanks Premium

JetAI ( (JTAI) ) just unveiled an update.

On January 13, 2026, Jet.AI Inc. and flyExclusive, Inc. amended their existing merger agreement to extend the transaction’s outside date from December 31, 2025, to April 30, 2026, while reiterating their mutual commitment to complete the deal, with closing now expected in the first quarter of 2026. Separately, on January 9, 2026, Jet.AI amended its at-the-market equity distribution agreement with Maxim Group LLC, raising the potential aggregate gross sales of its common stock from $10 million to $50 million, which expands the company’s financing capacity but remains subject to regulatory limits tied to the market value of non-affiliate-held shares.

The most recent analyst rating on (JTAI) stock is a Sell with a $0.38 price target. To see the full list of analyst forecasts on JetAI stock, see the JTAI Stock Forecast page.

Spark’s Take on JTAI Stock

According to Spark, TipRanks’ AI Analyst, JTAI is a Neutral.

The score is primarily weighed down by weak financial performance (declining revenue, steep losses, and negative operating cash flow) and very bearish technicals (price far below key moving averages with negative momentum). Valuation signals are limited due to losses (negative P/E) and no dividend support, while corporate events are mixed and do not offset the core financial/technical risks.

To see Spark’s full report on JTAI stock, click here.

More about JetAI

Jet.AI Inc. is a technology-driven company listed on the Nasdaq Capital Market under the ticker “JTAI,” focused on deploying high-performance GPU infrastructure and AI cloud services, as well as broader artificial intelligence tools and infrastructure designed to enhance decision-making, efficiency, and performance across complex systems.

Average Trading Volume: 8,345,443

Technical Sentiment Signal: Sell

Current Market Cap: $7.1M

For detailed information about JTAI stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1