flyExclusive completes acquisition of Jet.AI aviation assets, adds USD 5.3 million cash
PUBT · 1d ago
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- EG Acquisition Corp.-linked flyExclusive 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, 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.
- Acquired financial assets include USD 6.1 million of securities via an SPV holding NASDAQ: SPCX shares, with staggered lockups through December 2026.
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. EG Acquisition Corp. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260714025911) on July 14, 2026, and is solely responsible for the information contained therein.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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