Jet.AI, flyExclusive Extend Merger Deadline to June 30 with Q2 2026 Closing
Jet.AI and flyExclusive extended their merger agreement to June 30, 2026, now targeting a closing in Q2 2026 after resolving SEC comments on flyExclusive’s 2023 disclosures. flyExclusive refiled Form S-4 on April 14 and Jet.AI will mail the definitive proxy statement to start a roughly 30-day shareholder vote.
1. Merger Timeline and Extension
Jet.AI and flyExclusive agreed to extend the outside date of their merger agreement to June 30, 2026, with closing expected in the second quarter of 2026 following progress on regulatory reviews.
2. SEC Review and Refiling of Form S-4
SEC comments related to flyExclusive’s 2023 disclosure filings were fully addressed by both parties, and flyExclusive refiled its Form S-4 on April 14, now awaiting declaration of effectiveness.
3. Proxy Statement Mailing and Vote Process
Once the registration statement is effective, Jet.AI will mail the definitive proxy statement to shareholders, initiating a roughly 30-day solicitation and vote period ahead of the special meeting; closing remains subject to customary conditions.