• Jet.AI entered a non-binding LOI for a reverse takeover with a private operating company valued at about USD 300 million.
• The combined business is expected to be valued at about USD 320 million, with Jet.AI shareholders slated to receive about USD 20 million in cash and stock.
• Consideration equates to about USD 10 per share, separate from the earlier flyExclusive transaction that delivered about USD 4.6 per share.
• The combined company would initially trade under the JTAI ticker, with a potential later ticker change.
• The deal contemplates a spin-off of Jet.AI’s data center joint venture and its AIIA stake into a new public company with DCTR reserved.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jet.ai Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607150830PRIMZONEFULLFEED9762602) on July 15, 2026, and is solely responsible for the information contained therein.