flyExclusive announces $25M equity investment

flyExclusive “announced that it has entered into a securities purchase agreement with an investment vehicle managed by EnTrust Global pursuant to which the Investor purchased 25,000 shares of Series A Non-Convertible Redeemable Preferred Stock, par value of $0.0001 per share, at a purchase price of $1,000 per share. The Company received approximately $25 million in cash proceeds in connection with the transaction, which closed on March 4, 2024.”