Summary by Moomoo AI
JetAI Inc. (JTAIZ.US), a private air charter company specializing in artificial intelligence technology for private aircraft travel, has announced a prospectus supplement to its existing shelf registration statement. The company, traded on the Nasdaq Stock Market under the symbol 'JTAI', is authorized to issue up to $50,000,000 in various securities, including common stock, preferred stock, debt securities, warrants, rights, and units. This move allows JetAI to offer these securities from time to time in one or more offerings, with the flexibility to determine the specific terms during each offering. The prospectus supplement details the potential methods of sale, which may include direct sales to investors, through agents, or via underwriters. The company's common stock is currently listed on the...Show More