Search:
   

Thursday, August 10, 2023

Equity Corporate Actions Alert #2023 - 460
(UPDATED: Closed) Information Regarding the Business Combination of Oxbridge Acquisition Corp. (OXAC/W/U) and Jet.AI Inc.

Category:

  • Industry Announcement

Markets Impacted:

Contact Information:

Resources

The business combination of Oxbridge Acquisition Corp. (OXAC/W/U) and Jet.AI Inc. closed today, Thursday, August 10, 2023. Following the completion of the business combination, the company's Common stock (OXAC) and Warrants (OXACW) will undergo a name, symbol, and CUSIP number change and the company's Units (OXACU) will be suspended from trading. In addition the company will be listing merger consideration warrants (JTAIZ). The combined company will list it's Common stock (JTAI) and new merger consideration warrants (JTAIZ) on the Nasdaq Global Market and the existing warrants (JTAIW) on the Capital Market. The combined company will be domiciled in Delaware. These actions will become effective on Friday, August 11, 2023.

The details of the name, symbol, & CUSIP changes are follows:

Current Company Name & Issue Type: Oxbridge Acquisition Corp. Class A Ordinary Shares
New Company Name & Issue Type: Jet.AI Inc. Common Stock
Current CUSIP: G6855L109
New CUSIP: 47714H100
Current Symbol: OXAC
New Symbol: JTAI
Marketplace Effective Date: Friday, August 11, 2023

Current Company Name & Issue Type: Oxbridge Acquisition Corp. Warrants
New Company Name & Issue Type: Jet.AI Inc. Warrants expiring 7/26/28
Current CUSIP: G6855L117
New CUSIP: 47714H118
Current Symbol: OXACW
New Symbol: JTAIW
Marketplace Effective Date: Friday, August 11, 2023

The details of the new merger consideration warrants are follows:

Company Name & Issue Type: Jet.AI Inc. Warrants expiring 7/26/28
CUSIP: 47714H126
New Symbol: JTAIZ
Marketplace Effective Date: Friday, August 11, 2023

If you would like to register as a market maker in JTAI, JTAIW or JTAIZ, contact Nasdaq Trading Services at +1 212 231 5100.

Email Alert Subscriptions:
Nasdaq offers customers the ability to self select news delivery across various Nasdaq markets. Create and maintain a profile for updating alert preferences and contact information. Visit the enrollment form on the Nasdaq Trader website and sign up today! Please note that if you choose to unsubscribe from an email list, you may no longer receive potentially critical emails from the NASDAQ Stock Market regarding Nasdaq's trading and data products, regulatory issues or marketplace initiatives. To unsubscribe, also click on the enrollment form

Please follow Nasdaq on Facebook RSS and Twitter.

Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 3,900 total listings with a market value of approximately $13 trillion. To learn more, visit: business.nasdaq.com.

View NASDAQTrader.com Mobile