Summary by Moomoo AI
On August 5, 2024, Jet.AI Inc., a company listed on The Nasdaq Stock Market LLC under the trading symbols JTAI for its common stock and JTAIW and JTAIZ for its redeemable and merger consideration warrants respectively, reported an amendment to its Bylaws. The Board of Directors approved the Bylaws Amendment, which stipulates that a quorum for stockholder meetings will now be one-third of the voting power of all shares entitled to vote, in accordance with applicable laws, the Bylaws, or the Certificate of Incorporation of the company. This amendment became effective on the same date, August 5, 2024. The company, identified as an emerging growth company, filed the current report on Form 8-K with the United States Securities and Exchange Commission, detailing the changes. The amendment aims to streamline the decision-making process at stockholder meetings. The report also included the company's principal executive office address in Las Vegas, NV, and its interim Chief Financial Officer, George Murnane, signed the report.