OXAC

Jet.ai Inc.

A special purpose acquisition company (SPAC) — a "blank check" shell formed in 2021 by executives of Oxbridge Re Holdings to raise money and merge with a private company, taking it public. It targeted disruptive tech in areas like artificial intelligence, blockchain, and insurance technology, and in 2023 it merged with Jet Token Inc., a private-jet booking platform, and renamed itself Jet.AI. Its name borrows the classic British portmanteau of Oxford and Cambridge, the two ancient universities.

Class A Common Stock — Merged with Jet.AI Inc. on 2023-08-10, symbol changed to JTAI