---
title: "JetAI SpinCo Distribution Advances flyExclusive Merger Plan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/291807199.md"
description: "Jet.AI shareholders approved its merger with private aviation operator flyExclusive, with ~99% of votes cast in favor. As part of the deal, Jet.AI will distribute SpinCo shares convertible into flyExclusive stock, allowing investors to retain exposure while Jet.AI transitions to an AI infrastructure focus. Analysts maintain a Buy rating with an $80 target, though TipRanks' AI model rates JTAI as Neutral due to weak financial performance despite constructive corporate events."
datetime: "2026-07-06T12:58:56.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/291807199.md)
  - [en](https://longbridge.com/en/news/291807199.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/291807199.md)
generator: "portal-rs"
---

# JetAI SpinCo Distribution Advances flyExclusive Merger Plan

JetAI ( (JTAI) ) has provided an announcement.

On July 2, 2026, Jet.AI stockholders approved the proposed transaction with private aviation operator flyExclusive at a reconvened special meeting, where approximately 54.7% of the company’s outstanding common shares were represented. Of the votes cast, roughly 99% supported the merger-related transaction, clearing a key shareholder hurdle after earlier adjournments due to insufficient votes.

As part of the deal structure, Jet.AI will distribute one share of Jet.AI SpinCo, Inc. common stock for each Jet.AI share to stockholders of record as of July 6, 2026, with those SpinCo shares converting into the right to receive flyExclusive Class A common stock upon completion of the merger. The transaction is intended to allow Jet.AI to continue its transition into a focused AI infrastructure and cloud services provider while enabling flyExclusive to expand its private aviation platform, marking a strategic realignment that lets Jet.AI investors retain their existing shares and gain exposure to flyExclusive’s growth.

The most recent analyst rating on (JTAI) stock is a Buy  
 with a $80.00 price target.  
 To see the full list of analyst forecasts on JetAI stock,  
 see the JTAI Stock Forecast page. 

**Spark’s Take on JTAI Stock**

According to Spark, TipRanks’ AI Analyst, JTAI is a Neutral.

The score is held back primarily by weak financial performance (declining revenue, negative gross profit/EBIT, and continued cash burn) despite a strong low-debt balance sheet. Technicals are mixed with negative momentum but some near-term strength, while the very low P/E provides valuation support. Recent corporate events are generally constructive, though the reverse split/listing-compliance history and deal execution risk temper the benefit.

To see Spark’s full report on JTAI stock,  
 click here. 

**More about JetAI**

Jet.AI Inc., listed on the NASDAQ Capital Market under the ticker JTAI, is a technology-driven company focused on deploying artificial intelligence tools and high-performance GPU infrastructure. It provides AI cloud services and solutions designed to enhance decision-making, efficiency, and performance across complex systems, positioning itself as a pure-play AI infrastructure and solutions provider.

The company’s strategy centers on building out high-performance GPU-based infrastructure to support AI workloads, reflecting a market focus on enterprise and cloud customers that need scalable computing power. By sharpening its focus on AI infrastructure and cloud services, Jet.AI aims to deepen its presence in the rapidly growing artificial intelligence ecosystem and differentiate itself in a competitive technology landscape.

**Average Trading Volume:** 406,599

**Technical Sentiment Signal:** Sell

**Current Market Cap:** $11.08M

Learn more about JTAI stock on TipRanks’ Stock Analysis page.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**