Key Points from the SEC Filing

• Jet.AI Inc. (JTAI) has regained compliance with the Nasdaq Stock Market LLC’s minimum bid price rule, following a 1-for-200 reverse stock split.
• The company had previously fallen out of compliance, with its common stock trading below \$1.00 per share for 30 consecutive business days.
• Nasdaq notified Jet.AI Inc. on April 22, 2026, that its stock price had closed at or above \$1.00 for ten consecutive business days (April 8, 2026 to April 21, 2026).
• No further deficiencies remain outstanding at this time.
• Jet.AI remains committed to maintaining strong financial discipline and governance.
• The company is focusing on advancing its strategic priorities, notably in the development of its AI data center portfolio.
• Jet.AI Inc. is categorized as an emerging growth company and has not elected to use the extended transition period for complying with new or revised financial accounting standards.

Details Investors Should Know

Reverse Stock Split and Compliance

On February 6, 2026, Jet.AI Inc. received a notice from Nasdaq indicating non-compliance with Nasdaq Listing Rule 5450(a)(1), which requires a minimum bid price of \$1.00 per share. The company’s stock had traded below this threshold for 30 consecutive business days, putting its Nasdaq listing at risk.

To address this, Jet.AI executed a 1-for-200 reverse stock split on April 8, 2026. This action aimed to boost the share price and restore compliance.

On April 22, 2026, Nasdaq confirmed that Jet.AI’s stock price had met the minimum bid price requirement for ten consecutive business days, restoring compliance. As of this date, no further listing deficiencies remain.

Potential Price Sensitivity

• The restoration of Nasdaq compliance removes the risk of delisting, which could have negatively impacted investor confidence and share value.
• The reverse stock split, while ensuring compliance, could affect liquidity and perception. Reverse splits sometimes signal underlying challenges, though Jet.AI’s management expresses confidence in future compliance.
• The company’s renewed focus on its AI data center portfolio may be a positive catalyst for future growth, provided execution and market conditions are favorable.

Security Registration Information

Jet.AI’s common stock remains listed and actively traded on the Nasdaq Stock Market LLC under the symbol JTAI.

Forward-Looking Statements & Risks

The filing includes a cautionary note on forward-looking statements, highlighting risks such as:

• Ability to maintain Nasdaq listing
• Securing necessary funding and potential dilution
• Compliance with future regulations and standards
• Outcome of legal proceedings and intellectual property claims
• Execution of strategic priorities, especially in AI data centers

Investors are advised not to place undue reliance on forward-looking statements, as actual results may differ materially due to various risks and uncertainties.

Emerging Growth Company Status

Jet.AI Inc. is classified as an emerging growth company under Rule 405 of the Securities Act of 1933. The company has not opted for the extended transition period for implementing new or revised financial accounting standards, which suggests a willingness to adopt updated practices promptly.

Conclusion

The restoration of Nasdaq compliance through a reverse stock split is a significant development for Jet.AI Inc. This action mitigates the risk of delisting and provides management with flexibility to pursue strategic objectives, including expansion in AI data centers.

Investors should monitor the company’s ability to maintain compliance, execute its growth strategy, and address any risks noted in the forward-looking statements. The outcome of these efforts could materially impact Jet.AI’s share value and long-term prospects.