Jet.AI Inc. has withdrawn its public stock offering due to unfavorable market conditions.
Quiver AI Summary
Jet.AI Inc., an emerging provider of GPU infrastructure and AI cloud services, has announced the withdrawal of its planned underwritten public offering of common stock due to unfavorable market conditions that the company believes would not serve the best interests of its shareholders. Jet.AI focuses on enhancing decision-making and efficiency in complex systems through artificial intelligence. The company, traded on NASDAQ under the ticker JTAI, also included a series of forward-looking statements regarding its products, market conditions, and future expectations, emphasizing the risks and uncertainties that could affect actual results.
Potential Positives
- Withdrawal of the public offering indicates Jet.AI's commitment to protecting stockholder interests by avoiding unfavorable market conditions.
- The decision to withdraw demonstrates prudent financial management and a strategic approach to capital raising in volatile markets.
- Jet.AI’s focus on high-performance GPU infrastructure and AI cloud services positions the company within a rapidly growing sector, which may attract future investor interest.
Potential Negatives
- The withdrawal of the public offering may indicate that the company is facing challenges in attracting investor interest or confidence, potentially impacting its capital-raising capabilities.
- This decision could create uncertainty among stakeholders regarding the company's financial health and strategic direction.
- Market conditions perceived as unfavorable may suggest a downturn or volatility that could negatively affect Jet.AI's growth prospects and overall market perception.
FAQ
Why did Jet.AI withdraw its public offering?
Jet.AI withdrew its public offering due to unfavorable market conditions that were not in the best interests of stockholders.
What type of company is Jet.AI?
Jet.AI Inc. is an emerging provider of high-performance GPU infrastructure and AI cloud services focused on enhancing decision-making and efficiency.
Where is Jet.AI listed?
Jet.AI is listed on the NASDAQ Capital Market under the ticker symbol "JTAI."
What are forward-looking statements?
Forward-looking statements are predictions about future events or performance based on current expectations, which may be subject to risks and uncertainties.
How can investors learn more about Jet.AI's risks?
Investors can review Jet.AI's most recent Annual Report on Form 10-K and subsequent SEC filings for detailed risk information.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$JTAI Revenue
$JTAI had revenues of $1.7M in Q3 2025. This is a decrease of -56.32% from the same period in the prior year.
You can track JTAI financials on Quiver Quantitative's JTAI stock page.
$JTAI Hedge Fund Activity
We have seen 5 institutional investors add shares of $JTAI stock to their portfolio, and 6 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- DRW SECURITIES, LLC added 39,444 shares (+inf%) to their portfolio in Q3 2025, for an estimated $131,742
- VANGUARD GROUP INC added 28,670 shares (+200.3%) to their portfolio in Q3 2025, for an estimated $95,757
- CANTOR FITZGERALD, L. P. removed 10,000 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $33,400
- GEODE CAPITAL MANAGEMENT, LLC added 9,059 shares (+77.8%) to their portfolio in Q3 2025, for an estimated $30,257
- MORGAN STANLEY removed 8,808 shares (-89.8%) from their portfolio in Q3 2025, for an estimated $29,418
- UBS GROUP AG removed 1,159 shares (-8.1%) from their portfolio in Q3 2025, for an estimated $3,871
- TOWER RESEARCH CAPITAL LLC (TRC) removed 937 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $3,129
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$JTAI Analyst Ratings
Wall Street analysts have issued reports on $JTAI in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Maxim Group issued a "Buy" rating on 08/20/2025
To track analyst ratings and price targets for $JTAI, check out Quiver Quantitative's $JTAI forecast page.
Full Release
Las Vegas, NV, Dec. 30, 2025 (GLOBE NEWSWIRE) -- Jet.AI Inc. ("Jet.AI" or the "Company") (Nasdaq: JTAI) , an emerging provider of high-performance GPU infrastructure and AI cloud services, today announced that it has withdrawn the underwritten public offering of its common stock. This reflects the Company’s belief that current market conditions were not conducive for an offering on terms that would be in the best interests of the Company's stockholders.
About Jet.AI
Jet.AI Inc. is a technology-driven company focused on deploying artificial intelligence tools and infrastructure to enhance decision-making, efficiency, and performance across complex systems. The Company is listed on the NASDAQ Capital Market under the ticker symbol "JTAI."
Forward-Looking Statements
This press release contains certain statements that may be deemed to be "forward-looking statements" within the meaning of the federal securities laws, including the safe harbor provisions under the Private Securities Litigation Reform Act of 1995, with respect to the products and services offered by Jet.AI and the markets in which it operates, Jet.AI's projected future results, and Jet.AI’s perception of market conditions. Statements that are not historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements relate to future events or our future performance or future financial condition. These forward-looking statements are not historical facts, but rather are based on current expectations, estimates and projections about our Company, our industry, our beliefs and our assumptions. These forward-looking statements generally are identified by the words "believe," "project," "expect," "anticipate," "estimate," "intend," "strategy," "future," "opportunity," "plan," "may," "should," "will," "would," "will be," "will continue," "will likely result," and similar expressions or the negative of these terms or other similar expressions, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties that could cause the actual results to differ materially from the expected results. As a result, caution must be exercised in relying on forward-looking statements, which speak only as of the date they were made. Factors that could cause actual results to differ materially from those expressed or implied in forward-looking statements can be found in the Company's most recent Annual Report on Form 10-K and subsequent reports filed with the Securities and Exchange Commission. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Readers are cautioned not to put undue reliance on forward-looking statements, and Jet.AI assumes no obligation and does not intend to update or revise these forward-looking statements, whether because of new information, future events, or otherwise, except as provided by law.
Jet.AI Investor Relations:
Gateway Group, Inc.
949-574-3860
[email protected]