New York, Jan 14, 2026, 07:46 EST — Premarket
- Jet.AI shares climbed roughly 30% in premarket trading, rebounding from a 14.9% fall on Tuesday
- Recent filings on share sales and preferred conversion terms have driven volatility in the stock
- Traders are eyeing if the rebound can sustain itself through the 9:30 a.m. ET open
Jet.AI Inc shares climbed roughly 30% to $0.52 in premarket action Wednesday, rebounding from a 14.9% drop the day before that sent the Nasdaq-listed microcap down to $0.40. (StockAnalysis)
The swing matters now because Jet.AI shares are trading for less than a dollar and the company has been actively raising funds in the market. At this price point, even minor buying or selling spikes can quickly shift the stock price and alter the dynamics of their capital raising efforts.
Investors are focused on dilution — the Wall Street term for when new shares flood the market, shrinking existing holders’ stakes. For thinly traded stocks, that risk can easily overshadow any weekly business developments.
Tuesday’s trading highlighted just how volatile the tape remains. Shares dipped to $0.34 and changed hands over 15 million times, following a rollercoaster ride that featured a 29% surge on Jan. 8, when volume soared past 321 million shares. (StockAnalysis)
Jet.AI revealed in an 8-K on Jan. 8 that it had “exhausted” its earlier at-the-market offering — a method allowing companies to sell new shares during regular trading hours. The company also announced a voluntary reduction in the conversion price for its Series B convertible preferred stock, a move that typically boosts the number of common shares issued upon conversion.
A prospectus supplement dated Jan. 9 outlined the next move. Jet.AI revealed it had amended its equity distribution agreement with Maxim Group, raising the program’s authorized size to $50 million. However, sales remain capped at about $7.94 million under a rule limiting small issuers’ shelf registration sales within 12 months. The company reported selling approximately 4.34 million shares, generating roughly $3.54 million in gross proceeds, with Maxim earning a 3% commission. (SEC)
Jet.AI, headquartered in Las Vegas, markets itself as a “pure-play” AI data center firm. It also develops AI software tailored to aviation, according to its investor relations page. (Jet)
Premarket gains, however, can evaporate fast. The moment selling pressure creeps in — whether from new shares hitting the market or conversions boosting supply — JTAI could slip back toward its recent lows. With the stock priced so low, there’s barely any room to absorb a drop.
