Jet.AI Issues Shareholder Rights to Guard Against Hostile Takeovers

Reuters02-14

Jet.AI Issues Shareholder Rights to Guard Against Hostile Takeovers

Jet.AI Inc. announced the adoption of a limited duration stockholders rights agreement and declared a dividend distribution of one preferred share purchase right for each outstanding share of its common stock. The rights are intended to protect stockholders in the event of a proposed takeover and will become exercisable if a person or group acquires 10% or more of the company's outstanding common stock. Each right will allow holders, other than the acquiring party, to purchase additional shares at a discount. The rights will expire on February 12, 2027, unless redeemed or exchanged earlier.

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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-006713), on February 13, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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