Jet.AI Announces Letter of Intent for New Merger and related Spin-Off of Data Center Business
Jet.AI Inc. announced a non-binding letter of intent to merge with a privately held company, creating a combined entity valued at approximately $320 million. Concurrently, Jet.AI plans to spin off its data center business into a new publicly traded company with the reserved ticker DCTR. This strategic move aims to provide existing shareholders equi…