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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Jet.AI Inc. has withdrawn its IPO registration statement for a proposed public offering, citing changed circumstances, and will not proceed with the offering.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.

Jet.AI Withdraws IPO Registration, Announces Data Center Ventures in Nevada and Manitoba
Dec 31, 2025, 4:01 PM

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