Jet.AI Adopts Limited Duration Stockholders Rights Agreement

The rights are designed to ensure fair and equal treatment for all stockholders in the event of a proposed takeover.

Published on Feb. 13, 2026

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Jet.AI Inc., an emerging provider of high-performance GPU infrastructure and AI cloud services, has announced the adoption of a limited duration stockholders rights agreement. The rights are intended to enable all of the Company's stockholders to realize the long-term value of their investment and encourage anyone seeking to acquire the Company to negotiate with the Board prior to attempting a takeover.

Why it matters

The adoption of the rights agreement is a defensive measure to protect Jet.AI and its stockholders from abusive takeover tactics and ensure that any potential acquirer pays a fair price for control of the company.

The details

The rights will be exercisable only if a person or group acquires 10% or more of Jet.AI's outstanding common stock. Each right will entitle stockholders to buy one one-thousandth of a share of a new series of junior participating preferred stock. If a person or group acquires 10% or more of the company's outstanding common stock, each right will entitle its holder (other than such person or members of such group) to purchase a number of Company common shares having a market value of twice such price. The Board also has the option to exchange one share of the Company's common stock for each outstanding right (other than rights owned by such person or members of such group).

  • The rights will expire on February 12, 2027 unless the rights are earlier redeemed or exchanged.
  • The dividend distribution of the rights will be made on February 24, 2026, payable to stockholders on that date.

The players

Jet.AI Inc.

An emerging provider of high-performance GPU infrastructure and AI cloud services, listed on the NASDAQ Capital Market under the ticker symbol 'JTAI'.

Board of Directors of Jet.AI

The Board of Directors of Jet.AI, which has the option to redeem the rights for one cent per right prior to a person or group acquiring 10% or more of the company's outstanding common stock.

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