Jet.AI (JTAI) Inc. announced that it has withdrawn the underwritten public offering of its common stock. This reflects the company’s belief that current market conditions were not conducive for an offering on terms that would be in the best interests of the company’s stockholders.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on JTAI:
- JetAI Withdraws Planned Public Offering Amid Strategic Shift
- JetAI shareholders approve charter changes and incentive plan
- Jet.AI announces planned JV with Choo Choo Express for data center campus
- JetAI Modifies Convertible Stock Agreement with Ionic Ventures
- Jet.AI, Consensus announce strategic interest in Canadian data-center campus
