November 20, 2024
The SPAC-merger IPO of FlyExclusive is set to take place this week, making it the largest private flight provider IPO this year.
FlyExclusive expects to start trading on the New York Stock Exchange on Dec. 20, 2023.
According to a press release from SPAC-merger partner EG Acquisition Corp., subject to final approvals, it expects to transfer its listing to LGM Enteprises, LLC, which does business as FlyExclusive on Wednesday.
At that point, Class A common stock and public warrants would trade on the NYSE American under the symbols FLYX and FLYXW, respectively.
The fifth-largest private jet charter/fractional operator joins a growing number of publicly traded private aviation flight providers.
Wheels Up and Blade both went public in 2021.
So far this year, Jet.AI, Surf Air, and Volato have all become publicly traded.
Set Jet is expected to complete its SPAC-merger IPO later this month.
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