flyExclusive, Inc. announced that it has entered into a senior secured note with new lender, ETG FE LLC for an aggregate gross proceeds of $25,800,000 on January 26, 2024. The Note matures on January 26, 2026, at which time the aggregate outstanding principal amount and all accrued and unpaid interest (including accrued and unpaid fees and expenses) payable under the Note shall be due and payable. The Note carries an interest rate of 3.00% per annum for the outstanding principal amount on deposit in the cash escrow account and 13.00% per annum for the outstanding principal amount that is withdrawn and released to the Borrower.