Summary by Futu AI
Ionic Capital Management LLC has filed a Schedule 13G with the United States Securities and Exchange Commission on February 14, 2024, indicating a significant stake in Jet.AI Inc. The investment firm reported beneficial ownership of 528,038 shares of Jet.AI's common stock, which represents 5.4% of the company's class of securities. This stake is based on approximately 9,543,453 shares of Jet.AI's stock outstanding as of December 15, 2023. Ionic Capital Management LLC, organized under the laws of Delaware, has shared voting and dispositive power over the shares but disclaims beneficial ownership except to the extent of its pecuniary interest. The filing indicates that the shares were not acquired for the purpose of changing or influencing the control of Jet.AI Inc. The address of Jet.AI's principal executive offices is listed as 10845 Griffith Peak Dr, Suite 200, Las Vegas, NV 89135.