Summary by Moomoo AI
On October 21, 2024, Jet AI, Inc. announced the withdrawal of its request to accelerate the effectiveness of its Registration Statement on Form S-1. The request was initially made to the U.S. Securities and Exchange Commission (SEC) to become effective at 1:00 p.m. Eastern Time on October 24, 2024.The decision to withdraw the acceleration request was communicated by George Murnane, Interim CFO of Jet AI. The company did not provide specific reasons for this withdrawal. Investors should note that the timing of the registration statement's effectiveness may impact the company's future financial activities and market strategies.
