Jet.AI signs LOI for merger valuing deal at $320 million enterprise value

Jet.AI Inc.

Jet.AI Inc.

JTAI

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  • Jet.AI entered a non-binding LOI to merge with a privately held operating company in a deal valued at about $320 million enterprise value.
  • About $20 million of the pro forma value, or roughly 5%-6%, would be allocated to Jet.AI shareholders.
  • The merged business would initially keep trading under the JTAI ticker.
  • A separate public company would be created via a spin-off of Jet.AI’s data center business, including its stake in AIIA Sponsor.
  • The spin-off is planned as a Form 10 distribution to existing holders; Nasdaq ticker DCTR has been 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: 202607140830PRIMZONEFULLFEED9760665) on July 14, 2026, and is solely responsible for the information contained therein.

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