Ionic Capital Management LLC, an investment advisory firm based in Delaware, 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 filing reveals that Ionic Capital Management LLC has acquired 528,038 shares of JET.AI INC'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 stock outstanding, which includes shares issuable upon the exercise of warrants beneficially owned by Ionic Capital Management. The address of JET.AI INC's principal executive offices is listed as 10845 Griffith Peak Dr, Suite 200, Las Vegas, NV 89135. Ionic Capital Management LLC has reported shared voting and dispositive power over the shares but...Show More

Ionic Capital Management LLC, an investment advisory firm based in Delaware, 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 filing reveals that Ionic Capital Management LLC has acquired 528,038 shares of JET.AI INC'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 stock outstanding, which includes shares issuable upon the exercise of warrants beneficially owned by Ionic Capital Management. The address of JET.AI INC's principal executive offices is listed as 10845 Griffith Peak Dr, Suite 200, Las Vegas, NV 89135. Ionic Capital Management LLC has reported shared voting and dispositive power over the shares but has disclaimed beneficial ownership except to the extent of its pecuniary interest. The filing, made under Rule 13d-1(b) of the Securities Exchange Act of 1934, asserts that the shares were not acquired for the purpose of changing or influencing the control of JET.AI INC, nor were they held in connection with any transaction having that purpose or effect.