Summary by Futu AI
On September 24, 2024, Jet.AI Inc. held its Annual Meeting where several key proposals were voted upon by stockholders. The approved items included the 2023 Jet.AI Inc. Amended and Restated Omnibus Incentive Plan, which sets a fixed number of shares that may be issued at 2,460,000 and removes the automatic share replenishment provision. Additionally, an amendment to increase the authorized common stock to 200 million shares was passed. The meeting also saw the election of two Class I director nominees, Lt. Col. Ran David and Donald Jeffrey Woods, who will serve until the 2027 annual meeting. Ratification of the company's independent auditor, Hacker Johnson & Smith PA, for the fiscal year ending December 31, 2024, was confirmed. Proposals for the issuance of securities to Ionic Ventures...Show More