EG Acquisition Corp. has announced an update regarding its proposed transactions involving flyExclusive. The company has filed relevant materials with the SEC, including a registration statement on Form S-4 that encompasses a proxy statement/prospectus. Once the SEC declares the registration statement effective, the definitive proxy statement/prospectus and additional relevant documents will be distributed to Jet.AI shareholders for voting on the proposed transactions. This step is crucial as it provides detailed information about the involved parties, including flyExclusive, Merger Sub, Jet.AI, and SpinCo, and outlines the structure and implications of the proposed mergers.
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