Charter & Fractional
FlyExclusive Goes Public Following SPAC Merger
The company announced its plans to grow its fleet and go public in October 2022
FlyExclusive CJ3+ (Photo: FlyExclusive)

Charter and fractional provider FlyExclusive completed its combination special purpose acquisition company (SPAC) EG Acquisition Corp. in a move that cleared the company to be traded beginning today on the NYSE American exchange under the ticker symbol FLYX. The combination had received approval from EG Acquisition Corp.’s stockholders on December 18. The stock opened today at $11.98 per share but by midday had drifted down to $4.91.

“Today marks another milestone in our company’s mission to elevate the private aviation experience,” said FlyExclusive founder and CEO Jim Segrave. “We built flyExclusive around the value that minutes matter for our customers, and this principle will continue to guide the disciplined approach that has defined our success in the industry.”

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