Leading Proxy Firm ISS Recommends 'FOR' Jet.AI Merger with flyExclusive
Summary
Jet.AI announced that Institutional Shareholder Services (ISS), a major independent proxy advisory firm, recommends stockholders vote "FOR" the proposed merger with flyExclusive. This follows a similar positive recommendation from Glass Lewis earlier this month. The endorsements from both leading proxy advisory firms significantly increase the likelihood of shareholder approval for the transformative merger. The Special Meeting of Stockholders to vote on the merger is scheduled for June 11, 2026.
At the time of this announcement, JTAI was trading at $7.65 on NASDAQ in the Technology sector, with a market capitalization of approximately $10.8M. The 52-week trading range was $5.00 to $940.00. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: GlobeNewswire.