flyExclusive completes acquisition of Jet.AI aviation assets, adds USD 5.3 million cash
FLYX•Financial assets acquired through SPV
Acquired financial assets include USD 6.1 million of securities via an SPV holding NASDAQ: SPCX shares, with staggered lockups through December 2026.
Acquisition closes with fleet and cash additions
flyExclusive, linked to EG Acquisition Corp., closed its acquisition of Jet.AI’s aviation assets, adding Jet Card members to drive incremental flight activity.
Fleet additions include two HondaJet aircraft, one Citation CJ4, and secured future Citation CJ3 delivery positions for 2027 backed by USD 4.1 million.
Consideration also includes USD 5.3 million cash, supporting planned reinvestment in fleet growth and other operating initiatives.
