AI Infrastructure Acquisition Corp. Completes Increased $138 Million Initial Public Offering with Full Overallotment Option Exercised

Written by Emily J. Thompson, Senior Investment Analyst

JTAI-16.31%

Source: Newsfilter

Updated: Oct 06 2025

0mins

Source: Newsfilter

Initial Public Offering Details: AI Infrastructure Acquisition Corp. successfully closed its upsized IPO, raising $138 million by offering 13.8 million units at $10.00 each, with trading commencing on the NYSE under the symbol "AIIA U."
Company Background: The company, led by CEO Michael Winston, is a blank check entity formed to pursue business combinations, while Jet.AI Inc., its minority-owned subsidiary, focuses on AI data center operations and aviation-specific AI software.

JTAI

$0.3905+Infinity%1D

Analyst Views on JTAI

Wall Street analysts forecast JTAI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for JTAI is 8.00 USD with a low forecast of 8.00 USD and a high forecast of 8.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

1 Analyst Rating

1 Buy

0 Hold

0 Sell

Moderate Buy

Current: 0.466

Low

8.00

Averages

8.00

High

8.00

Current: 0.466

Low

8.00

Averages

8.00

High

8.00

Maxim

Allen Klee

Buy

downgrade

$20 -> $11

Al Analysis

2025-08-20

Reason

Maxim

Allen Klee

Price Target

$20 -> $11

Al Analysis

2025-08-20

downgrade

Buy

Reason

Maxim analyst Allen Klee lowered the firm's price target on Jet.AI to $11 from $20 and keeps a Buy rating on the shares after its Q2. The company is on track to selling off its aircraft capital intensive businesses and shifting the business model to investing in data center infrastructure and projects, so current results are not meaningful, the analyst tells investors in a research note. The market is discounting the valuation due to the early-stage of the transition, though as Jet.AI meets various milestones, investor confidence should build and the shares should get re-rated, especially if a a hyperscaler is signed up as a long-term tenant, the firm added.

About JTAI

Jet.AI Inc., through its subsidiaries, is principally involved in the sale of fractional and whole interests in aircraft; the sale of jet cards, and operation of a proprietary booking platform, which functions as a prospecting and quoting platform to arrange private jet travel with third-party carriers as well as via the Company’s leased and managed aircraft; direct chartering of its HondaJet aircraft by Cirrus; aircraft brokerage and services. Its booking platforms include CharterGPT, and Ava. Its CharterGPT platform displays a variety of options across private aircraft types in addition to the pricing of its own aircraft, with a range of prices drawn from a list of thousands of aircraft for hire. Its Jet.AI Operator Platform provides and continues to develop a business-to-business (B2B) software platform for a suite of software-as-a-service (SaaS) products termed Jet.AI Operator Platform, which consists of Reroute AI, DynoFlight, and FlightClub-Cirrus Specific.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.