JetAI Stockholders Elect Directors, Approve Key Financial Proposals

JetAI ( (JTAI) ) has shared an update.

At the Annual Meeting on September 24, 2024, stockholders of the Company cast their votes on key proposals. Two Class I director nominees were elected to serve until 2027, while the appointment of Hacker Johnson & Smith PA as the independent auditor for the fiscal year was ratified. Additionally, stockholders approved an amended incentive plan, the issuance of securities exceeding 20% of outstanding shares at a discount to Ionic Ventures and Maxim Group, an amendment to increase authorized shares of common stock, and a discretionary reverse stock split. An adjournment proposal was rendered unnecessary as all prior proposals received sufficient votes for approval.

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