georgie18
1 month ago
JTAI...LAS VEGAS, Oct. 18, 2024 (GLOBE NEWSWIRE) -- Jet.AI Inc. (โJet.AIโ or the โCompanyโ) (NASDAQ: JTAI), an innovative private aviation and artificial intelligence company, today announced that it has entered into a securities purchase agreement with certain institutional investors to purchase approximately 15.6 million shares of common stock in a registered direct offering at a purchase price of $0.096 per share. The gross proceeds to the Company from the registered direct offering are estimated to be approximately $1.5 million before deducting the placement agentโs fees and other estimated offering expenses payable by the Company. The offering is expected to close on or about October 21, 2024, subject to the satisfaction of customary closing conditions.
Maxim Group LLC is acting as the exclusive placement agent for the offering.
georgie18
1 month ago
JTAI...149...HOD...Big Block Buys coming in here...🥳
georgie18
Member Level
Re: georgie18 post# 135
Friday, October 18, 2024 9:47:18 AM
Post#
137
of 137
JTAI...1337...Strong Volume here...🥳
georgie18
Member Level
Re: georgie18 post# 384491
Friday, October 18, 2024 8:24:00 AM
Post#
384512
of 384521
JTAI...250,000 buy hit @12...🥳
georgie18
Member Level
Re: None
Thursday, October 17, 2024 12:02:08 PM
Post#
134
of 134
JTAI...11s clearing here...Trying Upper Bollie Break...🥳
georgie18
1 month ago
JTAI...1337...Strong Volume here...🥳
georgie18
Member Level
Re: georgie18 post# 384491
Friday, October 18, 2024 8:24:00 AM
Post#
384512
of 384521
JTAI...250,000 buy hit @12...🥳
georgie18
Member Level
Re: None
Thursday, October 17, 2024 12:02:08 PM
Post#
134
of 134
JTAI...11s clearing here...Trying Upper Bollie Break...🥳
boston127
1 month ago
Thanks for that good DD and feedback.
I think I can still name every one of the "crew" on the Phil Silvers Show Sgt, such as Colonel Hall, Captain Barker, Doberman, Zimmerman, Paparelli, Gomez, Fender, Pendleton, Cpl. Henshaw, Rocco and Pvt. Irving Fleischman. The other sargeants were great also.
GhosTraderX
1 month ago
Jet.AI Announces Pricing of $2.4 Million Registered Direct OfferingOctober 10 2024 - 2:41PM
Jet.AI Inc. (โJet.AIโ or the โCompanyโ) (NASDAQ: JTAI), an innovative private aviation and artificial intelligence company, today announced that it has entered into a securities purchase agreement with certain institutional investors to purchase approximately 26.6 million shares of common stock in a registered direct offering at a purchase price of $0.09 per share. The gross proceeds to the Company from the registered direct offering are estimated to be approximately $2.4 million before deducting the placement agentโs fees and other estimated offering expenses payable by the Company. The offering is expected to close on or about October 11, 2024, subject to the satisfaction of customary closing conditions.
Maxim Group LLC is acting as the exclusive placement agent for the offering.The shares of common stock are being offered pursuant to a shelf registration statement on Form S-3 (File No. 333-281578), which was declared effective by the United States Securities and Exchange Commission ("SEC") on September 9, 2024.This press release shall not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction. A prospectus supplement relating to the shares of common stock will be filed by the Company with the SEC. When available, copies of the prospectus supplement relating to the registered direct offering, together with the accompanying prospectus, can be obtained at the SEC's website at www.sec.gov or from Maxim Group LLC, 300 Park Avenue, New York, NY 10022, at (212) 895-3745.About Jet.AIJet.AI operates in two segments, Software and Aviation, respectively. The Software segment features the B2C CharterGPT app and the B2B Jet.AI Operator platform. The CharterGPT app uses natural language processing and machine learning to improve the private jet booking experience. The Jet.AI operator platform offers a suite of standalone software products to enable FAA Part 135 charter providers to add revenue, maximize efficiency, and reduce environmental impact. The Aviation segment features jet aircraft fractions, jet card, on-fleet charter, management, and buyerโs brokerage. Jet.AI is an official partner of the Las Vegas Golden Knights, 2023 NHL Stanley Cup® champions. The Company was founded in 2018 and is based in Las Vegas, Nevada and San Francisco, California.