Jet.AI Inc. (NASDAQ:JTAI) shares fell 6.44% in after-hours trading Thursday after the company announced the adjournment of its previously scheduled special meeting of stockholders related to the proposed transaction with FlyExclusive, Inc. (NYSE:FLYX)
Jet.AI is a technology company focused on artificial intelligence tools and high-performance GPU infrastructure.
Deal Vote Delay Pressures Shares
Jet.AI said its special stockholder meeting, originally scheduled for June 11, has been adjourned to June 23, 2026, to allow more time for shareholders to vote on proposals related to the flyExclusive transaction.
As of the May 8 record date, Jet.AI had 1,421,721 shares outstanding. Only 486,285 shares, or approximately 34.2%, were represented at the meeting.
