On October 11, 2024, Masaya Otsuka filed a Schedule 13G with the United States Securities and Exchange Commission (SEC), disclosing a significant stake in JET.AI INC. According to the filing, Otsuka owns 2,520,076 shares of JET.AI INC.'s common stock, which represents 8.09% of the company's class of securities. The filing was made under Rule 13d-1(c) of the Securities Exchange Act of 1934, indicating that the shares were acquired in the ordinary course of business and not with the purpose of changing control of the issuer. Otsuka, a Japanese citizen, confirmed the accuracy of the information provided in the filing, which was signed on October 14, 2024.

On October 11, 2024, Masaya Otsuka filed a Schedule 13G with the United States Securities and Exchange Commission (SEC), disclosing a significant stake in JET.AI INC. According to the filing, Otsuka owns 2,520,076 shares of JET.AI INC.'s common stock, which represents 8.09% of the company's class of securities. The filing was made under Rule 13d-1(c) of the Securities Exchange Act of 1934, indicating that the shares were acquired in the ordinary course of business and not with the purpose of changing control of the issuer. Otsuka, a Japanese citizen, confirmed the accuracy of the information provided in the filing, which was signed on October 14, 2024.