Jet.AI Withdraws IPO Registration, Announces Data Center Ventures in Nevada and Manitoba
DATA AND AI INFRASTRUCTURE
Jet.AI Inc. has withdrawn its IPO registration statement for a proposed public offering, citing changed circumstances, and will not proceed with the offering. The company announced plans for a joint venture to develop a 50 megawatt data center in Moapa, Nevada, and has selected a site near Winnipeg, Manitoba, for another large-scale data center, while also modifying the conversion terms of its Series B convertible preferred stock.

Dec 31, 2025, 4:01 PM