Skip to main content

Jet.AI

Closed (deSPAC)

Industrials · private air charter and AI booking platform · founded 2018

What it is
about Jet.AI and Go Rentals, please visit their websites at www.jet.ai and www.gorentals.com
What it’s doing now
Merging with Oxbridge Acquisition Corp. (OXAC) — closed (despac).
What you should know
The deal carries a $12M minimum-cash condition — heavy redemptions can break it.

The business, per its filings

SEC primary

about Jet.AI and Go Rentals, please visit their websites at www.jet.ai and www.gorentals.com. ABOUT JET.AI: Jet.AI operates in two segments, Software and Aviation, respectively. The Software segment features the B2C CharterGPT app and the B2B Jet.AI operator platform. The CharterGPT app uses natural language processing and machine learning to improve the private jet booking experience. The Jet.AI operator platform offers a suite of stand-alone software products to enable FAA Part 135 charter providers to add revenue, maximize efficiency, and reduce environmental impact. The Aviation segment features jet aircraft fractions, jet card, on-fleet charter, management, and buyer’s brokerage. Jet.AI was founded in 2018 and is based in Las Vegas, NV and San Francisco, CA. ABOUT GO RENTALS: Go Rentals is an elite car rental service company with a special emphasis on service. The company is also the only one specializing in the private jet industry since 1995. Still a family-owned and operated business, Go Rentals has locations in Arizona, California, Colorado, Connecticut, Florida, Georgia, Hawaii, Idaho, Kentucky, Maine, Massachusetts, Montana, Nebraska, Nevada, New Jersey, New York, North Carolina, South Carolina, Tennessee, Texas, Utah, Virginia, Washington, and Washington D.C., and service to over 150 airports and various fine hotels and resorts. Further information about Go Rentals is available online at GoRentals.com. ABOUT OXBRIDGE ACQUISITION CORP.: Oxbridge is a Cayman Islands-exempted, Cayman Islands-based blank check company incorporated in 2021 and managed by the executive officers of Oxbridge Re Holdings Limited (NASDAQ: OXBR), the founding and leading investor in the sponsor of Oxbridge. The company was formed with the purpose of entering into a merger in the field

Source: S-4, accession 0001493152-24-025358

What the company says about itself

Web research — not audited

Jet.AI Inc. (NASDAQ: JTAI) secures and develops shovel-ready data center sites across North America, focusing on the earliest phase of development: securing land, power, and connectivity before construction. It has four active projects spanning over 1 GW of combined capacity across Manitoba, Alberta, the Canadian Maritimes, and Nevada.

Markets:
AI Infrastructure | Data Center Development
Products:
Powered data center campuses | Data center site development
Customers:
StratGrid
What our web check found

[WEB-INTEL 2026-08-26] 4 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Oxbridge Acquisition Corp. (NASDAQ: OXAC), The transaction is valued at approximately $45 ..." [https://privatejetcardcomparisons.com/2023/02/28/jet-token-plans-spac-merger-ipo-changing-name-to-jet-ai/] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Corp closed its upsized $138 million initial public offering, on October 6, 2025." [https://investors.jet.ai/article?i=159769] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Raised $11 million via Series B Preferred Stock in the first nine ... Estimated net proceeds: ~$3.54 million, to be used largely for working ..." [https://www.reddit.com/r/SECFilingsAI/comments/1pc5xtc/jetai_inc_initial_public_offering_released_heres/] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Jet.AI announced a non-binding letter of intent for a proposed merger with a private operating company valued at about $320 million." [https://www.stocktitan.net/news/JTAI/jet-ai-announces-letter-of-intent-for-new-merger-and-related-spin-3h91abarddn1.html]

Source: https://www.jet.ai/ · captured Aug 26, 2026 · marketing claims are reported as claims, never merged into the filed figures above.

The deal it’s entering

Jet.AI is merging with Oxbridge Acquisition Corp. (OXAC) currently marked Closed (deSPAC).

Headline equity value
Minimum cash to close$12M

Structure per SEC accession(s) 0001493152-26-021030. How to read these numbers: headline vs effective valuation · what a definitive agreement commits

What exactly is being valued, and at what

Common questions

Is Jet.AI going public?

Jet.AI has an approved merger with the SPAC Oxbridge Acquisition Corp. (OXAC). Deal status: Closed (deSPAC).

Does Jet.AI have revenue?

The filings we've parsed don't state a usable revenue figure yet; this profile is updated as new documents land.

Educational content, not investment advice.

Other industrials deals