FlyExclusive, Inc. (FLYX) had quite the week. The private aviation company announced a public stock offering Friday while simultaneously rolling out a strategic partnership with Starlink Aviation. Investors initially loved the connectivity deal, sending shares up more than 110% Thursday before reality set in and the stock gave back gains Friday.
The Offering Details
FlyExclusive priced its underwritten public offering at 2,255,639 shares for $6.65 apiece, before accounting for underwriting fees and expenses. The deal is expected to wrap up around January 12, 2026, assuming standard closing conditions are met.
Lucid Capital Markets, serving as underwriter, has a 45-day option to purchase up to 222,833 additional shares at the same offering price minus discounts and commissions. The company plans to deploy net proceeds toward working capital and general corporate purposes—the classic corporate finance multipurpose tool.




