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Forbes: Flexjet Plans SPAC IPO With Billionaire Todd Boehly Valued At $3.1 Billion

Directional Aviation will combine its OneSky Flight unit, which includes fractional share operator Flexjet, jet card seller Sentient Jet, two on-demand charter brokers, aircraft management and maintenance, with Forbes 400 lister Todd Boehly’s ($5.3 billion, ranked 184) Horizon Acquisition Corporation II (NYSE: HZON) SPAC. The deal, announced this morning, is valued at $3.1 billion. It is expected to close in the second quarter of 2023, after which the company will trade on the New York Stock Exchange under the FXJ ticker.

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