CFGI’s Capital Markets and Accounting Advisory teams assisted flyExclusive, a chartered flight provider, in its recent merger with special purpose acquisition company EG Acquisition Corp, sponsored by EnTrust Global and GMF Capital. Following the business combination, the company is now known as flyExclusive, Inc. and will trade on the New York Stock Exchange under the ticker symbol “FLYX.”
flyExclusive is a vertically integrated, FAA-regulated operator of private jet experiences offering customers on-demand charter, Jet Club, and fractional jet services to destinations around the globe. As one of the world’s largest owners/operators of Cessna Citation aircraft, flyExclusive has a floating fleet of 100 light to heavy jets. The company manages all aspects of the customer experience, ensuring that every flight is on a modern, comfortable, and safe aircraft. flyExclusive’s in-house Maintenance, Repair, and Overhaul services, including paint, interiors, and avionics capabilities, are provided from its campus headquarters in Kinston, North Carolina. To learn more, visit www.flyexclusive.com.
CFGI Partners Enea Tarenzi, Ray D’Eon, and Robert Carrino spearheaded this transaction, helping flyExclusive navigate the merger process. The CFGI team accompanied flyExclusive leadership to the stock exchange bell ring to commemorate the completion of the transaction. For more on the merger, please read flyExclusive’s press release.