tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

JetAI Modifies Convertible Stock Agreement with Ionic Ventures

Story Highlights
  • Jet.AI Inc. entered into an agreement with Ionic Ventures and Hexstone Capital.
  • The agreement involves lowering the conversion price of Series B convertible preferred stock.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
JetAI Modifies Convertible Stock Agreement with Ionic Ventures

Claim 50% Off TipRanks Premium and Invest with Confidence

JetAI ( (JTAI) ) has issued an update.

Jet.AI Inc. entered into a letter agreement with Hexstone Capital, LLC and Ionic Ventures, LLC on December 2, 2025, which pertains to a prior Securities Purchase Agreement from March 28, 2024. The agreement includes Ionic’s consent to refrain from enforcing certain legal rights, in exchange for Jet.AI’s amendment to the conversion price of its Series B convertible preferred stock, allowing conversion at a lower price. This move could potentially impact the company’s financial operations and market positioning by making its stock more attractive to investors.

The most recent analyst rating on (JTAI) stock is a Sell with a $1.50 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 Underperform.

JetAI’s overall stock score is primarily impacted by its poor financial performance and weak technical indicators. The company’s financial instability, characterized by negative profitability and cash flow issues, is the most significant factor. Additionally, bearish technical signals and a negative P/E ratio further contribute to the low score.

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

More about JetAI

Average Trading Volume: 133,835

Technical Sentiment Signal: Sell

Current Market Cap: $6.81M

Learn more about JTAI stock on 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