SCHEDULE 13G/A 0002066973 XXXXXXXX LIVE 2 Common Stock, par value $0.0001 per share 12/31/2025 0001861622 Jet.AI Inc. 47714H308 10845 Griffith Peak Dr., Suite 200 Las Vegas NV 89135 Rule 13d-1(c) Hexstone Capital LLC a NV 0.00 470283.00 0.00 470283.00 470283.00 N 9.9 OO As more fully described in Item 4 of this Amendment No. 2 to Statement on Schedule 13G (this ''Amendment No. 2''), such shares percentage are based on 4,237,256 shares of the common stock, par value $0.0001 per share, of the issuer (the ''Common Stock''), outstanding as of November 28, 2025, as disclosed in the issuer's Registration Statement on Form S-1 (File No. 333-291871), filed by the issuer with the U.S. Securities and Exchange Commission (the ''SEC'') on December 1, 2025 (the ''Registration Statement''). Ownership consists of up to 470,283 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, as amended (the ''Certificate of Designations''). Brendan O'Neil a X1 0.00 470283.00 0.00 470283.00 470283.00 N 9.9 IN As more fully described in Item 4 of this Amendment No. 2, such shares and percentage based on 4,237,256 shares of Common Stock outstanding as of November 28, 2025, as disclosed in the Registration Statement. Ownership consists of up to 470,283 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. Jet.AI Inc. 10845 Griffith Peak Dr., Suite 200, Las Vegas, Nevada 89135 (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"), as amended by Amendment No. 1 to Schedule 13G filed by the Reporting Persons with the SEC on November 14, 2025 (the "Amendment No. 1"), pursuant to which such Reporting Persons have agreed to file this Amendment No. 2 and all subsequent amendments to the Schedule 13G, the Amendment No. 1 and this Amendment No. 2 jointly in accordance with the provisions of Rule 13d-1(k) of the Act. The filing of this Amendment No. 2 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. The principal business address of each of the Reporting Persons is 3053 Fillmore St, Suite 303, San Francisco, CA 94123. 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. Y The purpose of this Amendment No. 2 is to amend and supplement the Schedule 13G and Amendment No. 1 in order to update the beneficial ownership information on the cover pages and in Item 4 in the Schedule 13G and Amendment No. 1. 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 Amendment No. 2 and is incorporated herein by reference for each such Reporting Person. The share amounts and ownership percentages reported are based on 4,237,256 shares of Common Stock outstanding as of November 28, 2025, as disclosed in the Registration Statement. 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 $1.63 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 470,283 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. 9.99 % (A) Hexstone: 0.00 (B) Mr. O'Neil: 0.00 (A) Hexstone: 470,283.00 (B) Mr. O'Neil: 470,283.00 (A) Hexstone: 0.00 (B) Mr. O'Neil: 0.00 (A) Hexstone: 470,283.00 (B) Mr. O'Neil: 470,283.00 Y Y Y N See Exhibit 1 filed with the Schedule 13G. Y N 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. Hexstone Capital LLC /s/ Hexstone Capital LLC 02/04/2026 Brendan O'Neil /s/ Brendan O'Neil 02/04/2026 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).