Core Viewpoint - Jet.AI Inc. has corrected its previous press release regarding its financial results for Q1 2024, specifically clarifying the details of a $16.5 million convertible preferred investment from Ionic Ventures LLC, with $1.5 million received to date [1][2]. Company Overview - Jet.AI operates in two segments: Software and Aviation. The Software segment includes the B2C CharterGPT app and the B2B Jet.AI Operator platform, which utilize natural language processing and machine learning to enhance the private jet booking experience [3]. - The Aviation segment encompasses jet aircraft share ownership, jet card services, on-fleet charter, management, and buyer's brokerage [3]. - The company was founded in 2018 and is headquartered in Las Vegas, NV, and San Francisco, CA [3]. - Jet.AI is an official partner of the Las Vegas Golden Knights, the 2023 NHL Stanley Cup champions [3].
Correction Notice of First Quarter 2024 Financial Results Press Release