The proposed transaction is expected to be priced at approximately $320 million.This news comes amid a generally positive tone in the market, with S&P 500 futures gaining 0.2%.Merger LOI And Data Center Spin-Off PlansUnder the proposed structure, Jet.AI shareholders would receive about $20 million in value, representing roughly 5%–6% ownership of the combined company.The transaction would allow Jet.AI investors to own shares in two public companies. The merged entity would continue trading under the JTAI ticker.A newly formed data center company that would include Jet.AI’s data center operations and stake in AIIA Sponsor Ltd.The new entity is expected to be spun off through an SEC-registered Form 10 distribution, with the NASDAQ ticker DCTR reserved.FlyExclusive TransactionJet.AI said its special stockholder meeting, originally scheduled for June 11, has been adjourned to June 23, 2026. It is done to allow more time for shareholders to vote on proposals related to the flyExclusive transaction.JTAI Technical Analysis: Key Support, Resistance And MomentumCurrently, Jet.AI Inc. is trading at $4.86, significantly below its moving averages, with the 20-day SMA at $6.62 and the 50-day SMA at $7.13, indicating a bearish trend. The MACD is below its signal line, suggesting that upside momentum is fading, which could limit further gains unless the stock can reclaim that baseline.