<SEC-DOCUMENT>0001753926-25-001797.txt : 20251114
<SEC-HEADER>0001753926-25-001797.hdr.sgml : 20251114
<ACCEPTANCE-DATETIME>20251114160508
ACCESSION NUMBER:		0001753926-25-001797
CONFORMED SUBMISSION TYPE:	SCHEDULE 13G/A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20251114
DATE AS OF CHANGE:		20251114

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Jet.AI Inc.
		CENTRAL INDEX KEY:			0001861622
		STANDARD INDUSTRIAL CLASSIFICATION:	AIR TRANSPORTATION, NONSCHEDULED [4522]
		ORGANIZATION NAME:           	01 Energy & Transportation
		EIN:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-92790
		FILM NUMBER:		251485772

	BUSINESS ADDRESS:	
		STREET 1:		10845 GRIFFITH PEAK DR.,
		STREET 2:		SUITE 200
		CITY:			LAS VEGAS
		STATE:			NV
		ZIP:			89135
		BUSINESS PHONE:		702-747-4000

	MAIL ADDRESS:	
		STREET 1:		10845 GRIFFITH PEAK DR.,
		STREET 2:		SUITE 200
		CITY:			LAS VEGAS
		STATE:			NV
		ZIP:			89135

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Oxbridge Acquisition Corp.
		DATE OF NAME CHANGE:	20210511

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Hexstone Capital LLC
		CENTRAL INDEX KEY:			0002066973
		ORGANIZATION NAME:           	
		EIN:				333352314
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G/A

	BUSINESS ADDRESS:	
		STREET 1:		3053 FILLMORE ST., STE. 303
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94123
		BUSINESS PHONE:		4159992132

	MAIL ADDRESS:	
		STREET 1:		3053 FILLMORE ST., STE. 303
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94123
</SEC-HEADER>
<DOCUMENT>
<TYPE>SCHEDULE 13G/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>SCHEDULE 13G/A</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <!-- Field: Pseudo-Tag; ID: Name; Data: Hexstone Capital LLC -->
          <cik>0002066973</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>


    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <amendmentNo>1</amendmentNo>
      <securitiesClassTitle>Common Stock, par value $0.0001 per share</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>09/30/2025</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0001861622</issuerCik>
        <issuerName>Jet.AI Inc.</issuerName>
        <issuerCusip>47714H308</issuerCusip>
        <issuerPrincipalExecutiveOfficeAddress>
          <com:street1>10845 Griffith Peak Dr., Suite 200</com:street1>
          <com:city>Las Vegas</com:city>
          <com:stateOrCountry>NV</com:stateOrCountry>
          <com:zipCode>89135</com:zipCode>
        </issuerPrincipalExecutiveOfficeAddress>
      </issuerInfo>
      <designateRulesPursuantThisScheduleFiled>
        <designateRulePursuantThisScheduleFiled>Rule 13d-1(c)</designateRulePursuantThisScheduleFiled>
      </designateRulesPursuantThisScheduleFiled>
    </coverPageHeader>
    <coverPageHeaderReportingPersonDetails>


      <reportingPersonName>Hexstone Capital LLC</reportingPersonName>
      <memberGroup>a</memberGroup>
      <citizenshipOrOrganization>NV</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>388596.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>388596.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>388596.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>9.9</classPercent>
      <typeOfReportingPerson>OO</typeOfReportingPerson>
      <comments>As more fully described in Item 4 of this Amendment No. 1 to Statement on Schedule 13G (this ''Amendment No. 1''), such shares percentage are based on 3,501,256 shares of common stock, par value $0.0001 per share, of the issuer (the ''Common Stock'') outstanding as of September 19, 2025, as disclosed in the issuer's final prospectus to the Registration Statement on Form S-3 (File No. 333-289982), declared effective by the U.S. Securities and Exchange Commission (the ''SEC'') on September 22, 2025 (the ''Prospectus''). Ownership consists of up to 388,596 shares of Common Stock issuable upon conversion of 450 shares of Series B Convertible Preferred Stock, par value $0.0001 per share, of the issuer (the ''Preferred Stock'') held directly by the reporting person, further conversions of which are subject to a 9.99% beneficial ownership limitation provision (the ''Blocker'') contained in the issuer's Certificate of Designations of the Preferred Stock (the ''Certificate of Designations'').</comments>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>Brendan O'Neil</reportingPersonName>
      <memberGroup>a</memberGroup>
      <citizenshipOrOrganization>X1</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>388596.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>388596.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>388596.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>9.9</classPercent>
      <typeOfReportingPerson>IN</typeOfReportingPerson>
      <comments>As more fully described in Item 4 of this Amendment No. 1, such shares and percentage based on 3,501,256 shares of Common Stock outstanding as of September 19, 2025, as disclosed in the Prospectus. Ownership consists of up to 388,596 shares of Common Stock issuable upon conversion of 450 shares of Preferred Stock held indirectly by the reporting person, further conversions of which are subject to the Blocker contained in the Certificate of Designations.</comments>
    </coverPageHeaderReportingPersonDetails>
    <items>
      <item1>
        <issuerName>Jet.AI Inc.</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>10845 Griffith Peak Dr., Suite 200, Las Vegas, Nevada 89135</issuerPrincipalExecutiveOfficeAddress>
      </item1>
      <item2>
        <filingPersonName>(i) Hexstone Capital LLC, a Nevada limited liability company ("Hexstone"); and

(ii) Brendan O'Neil ("Mr. O'Neil").

The foregoing persons are hereinafter collectively referred to as the "Reporting Persons". Any disclosures herein with respect to persons other than the Reporting Persons are made on information and belief after making inquiry to the appropriate party.

The Reporting Persons have entered into a Joint Filing Agreement, a copy of which is filed as Exhibit 1 to the Statement on Schedule 13G filed with the SEC on August 20, 2025 (the "Schedule 13G"), pursuant to which such Reporting Persons have agreed to file this Amendment No. 1 and all subsequent amendments to the Schedule 13G and this Amendment No. 1 jointly in accordance with the provisions of Rule 13d-1(k) of the Act.

The filing of this Amendment No. 1 should not be construed in and of itself as an admission by any Reporting Person as to beneficial ownership of the shares of Common Stock reported herein.</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>The principal business address of each of the Reporting Persons is 3053 Fillmore St, Suite 303, San Francisco, CA 94123.</principalBusinessOfficeOrResidenceAddress>
        <citizenship>Hexstone is a limited liability company organized under the laws of the State of Nevada. Mr. O'Neil is a citizen of the United States.</citizenship>
      </item2>
      <item3>
        <notApplicableFlag>Y</notApplicableFlag>
      </item3>
      <item4>
        <amountBeneficiallyOwned>The purpose of this Amendment No. 1 is to amend and supplement the Schedule 13G in order to update the beneficial ownership information on the cover pages and in Item 4 in the Schedule 13G. The information required by this item with respect to each Reporting Person is set forth in Rows 5 through 9 and 11 of the cover pages to this Schedule 13G and is incorporated herein by reference for each such Reporting Person.

The share amounts and ownership percentages reported are based on 3,501,256 shares of Common Stock outstanding as of September 19, 2025, as disclosed in  the Prospectus. Hexstone holds 450 shares of Preferred Stock, conversions of which are subject to the Blocker contained in the Certificate of Designations, assuming a conversion price of $2.50 per share, which Blocker provides that Hexstone is prohibited from converting all such shares of Preferred Stock held into shares of Common Stock if, as a result of such conversion, Hexstone, together with its affiliates and any persons acting as a group together with Hexstone or any of such affiliates, would beneficially own more than 9.99% of the total number of shares of Common Stock then issued and outstanding immediately after giving effect to such conversion.

Consequently, Hexstone is the beneficial owner of 388,596 shares of Common Stock (the "Shares"). Hexstone has the power to dispose of and the power to vote the Shares beneficially owned by it, which power may be exercised by its managing member, Mr. O'Neil. Mr. O'Neil does not directly own the Shares. By reason of the provisions of Rule 13d-3 of the Act, Mr. O'Neil may be deemed to beneficially own the Shares which are beneficially owned by Hexstone.</amountBeneficiallyOwned>
        <classPercent>9.99</classPercent>
        <numberOfSharesPersonHas>
          <solePowerOrDirectToVote>(A) Hexstone: 0.00

(B) Mr. O'Neil: 0.00</solePowerOrDirectToVote>
          <sharedPowerOrDirectToVote>(A) Hexstone: 388,596.00

(B) Mr. O'Neil: 388,596.00</sharedPowerOrDirectToVote>
          <solePowerOrDirectToDispose>(A) Hexstone: 0.00

(B) Mr. O'Neil: 0.00</solePowerOrDirectToDispose>
          <sharedPowerOrDirectToDispose>(A) Hexstone: 388,596.00

(B) Mr. O'Neil: 388,596.00</sharedPowerOrDirectToDispose>
        </numberOfSharesPersonHas>
      </item4>
      <item5>
        <notApplicableFlag>Y</notApplicableFlag>
      </item5>
      <item6>
        <notApplicableFlag>Y</notApplicableFlag>
      </item6>
      <item7>
        <notApplicableFlag>Y</notApplicableFlag>
      </item7>
      <item8>
        <notApplicableFlag>N</notApplicableFlag>
        <identificationAndClassificationOfGroupMembers>See Exhibit 1 filed with the Schedule 13G.</identificationAndClassificationOfGroupMembers>
      </item8>
      <item9>
        <notApplicableFlag>Y</notApplicableFlag>
      </item9>
      <item10>
        <notApplicableFlag>N</notApplicableFlag>
        <certifications>By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.</certifications>
      </item10>
    </items>
    <signatureInformation>
      <reportingPersonName>Hexstone Capital LLC</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Hexstone Capital LLC</signature>
        <title>Brendan O'Neil, Managing Member</title>
        <date>11/14/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Brendan O'Neil</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Brendan O'Neil</signature>
        <title>Brendan O'Neil</title>
        <date>11/14/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureComments>LIST OF EXHIBITS Exhibit No. 1 - Joint Filing Agreement, dated August 20, 2025 (incorporated by reference to Exhibit 1 to the Schedule 13G filed by the Reporting Persons with the SEC on August 20, 2025).</signatureComments>
  </formData>
</edgarSubmission>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
