Sponsor
our Sponsor
$25,000 in cash
2021
Sponsor purchased 5,750,000 Founder Shares
With EGA
Open in proxy
Each director opens the passage of the proxy that names them. "Not stated" means the proxy does not say; it never means "no". Pay is the proxy's Director Compensation table; the CEO is paid as an executive.
Sponsor purchased 5,750,000 Founder Shares
Sponsor purchased 4,333,333 private placement warrants at $1.50 per warrant
Sponsor agreed to loan up to $300,000 for IPO expenses, paid in full June 30, 2021
Series of non-interest bearing promissory notes from Sponsor beginning June 2022
Unsecured 8% promissory note with Sponsor issued to refinance Company Promissory Notes
December 2023 Promissory Note cancelled in exchange for Series B Preferred Stock and warrants
Tax Receivable Agreement under which PubCo pays Existing Equityholders 85% of tax savings
LGM purchased fuel from LGMV subsidiaries
LGM leases headquarters and two aircraft hangars from Kinston Jet Center
LGM leases Hangar 3 from Kinston Jet Center
LGM leases Hangar 4 from Kinston Jet Center
LGM leases a house from Kinston Jet House, LLC
LGM leases an aircraft from Juliette Lima Bravo, LLC, which Laura Harvey Ball owns approximately 33% of; aircraft sold April 2, 2024
Aircraft lease payments from flyExclusive to DH Aviation, LLC, of which Hopper owns 50%
Aircraft lease from PHBL, LLC, of which Hopper owns 50%, continuing quarter-to-quarter
Company is guarantor of a term note between Sea Jay, LLC and a financial institution
flyExclusive sold 5 trainer aircraft to Crystal Coast Training, LLC and rents aircraft from related entities
December 2023 Senior Secured Note with stated rate of 14%
January 2024 Senior Secured Note to finance aircraft purchases or refinancing
Purchase of 25,000 shares of Series A Non-Convertible Redeemable Preferred Stock and a warrant
Purchase of Series B Convertible Preferred Stock and warrants with EGA Sponsor
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