Summary by Moomoo AI
On October 18, 2024, SEG Opportunity Fund, LLC filed a Schedule 13G with the United States Securities and Exchange Commission, indicating a significant ownership stake in Jet.AI Inc. The New York-based limited liability company reported shared voting and dispositive power over 7,812,500 shares of Jet.AI's common stock, which represents 7.1% of the company based on 109,465,854 shares outstanding after a Registered Direct Offering on October 21, 2024. The filing was made under Rule 13d-1(c) of the Securities Exchange Act of 1934, which is used by persons who have acquired more than 5% of a company's stock and are not seeking to change or influence the control of the company. The address for SEG Opportunity Fund, LLC is listed as 135 Sycamore Drive, Roslyn, NY. Joseph Reda, Manager of SEG Opportunity Fund, LLC, signed the filing, certifying the accuracy of the information provided.
