Filing Details

Accession Number:
0001325533-24-000004
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-10-21 19:31:54
Reporting Period:
2024-07-16
Accepted Time:
2024-10-21 19:31:54
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1846084 Global Crossing Airlines Group Inc. JETMF () FL
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1325533 Red Oak Partners, Llc 40 Se 5Th Street
Suite 502
Boca Raton FL 33432
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2024-07-16 1,080,472 $0.45 3,899,709 No 4 P Indirect By The Red Oak Fund, LP directly
Common Stock Acquisiton 2024-07-16 419,528 $0.45 2,125,828 No 4 P Indirect By The Red Oak Long Fund, L.P. directly
Common Stock Acquisiton 2024-09-02 1,485,169 $0.46 5,384,878 No 4 P Indirect By The Red Oak Fund, LP directly
Common Stock Acquisiton 2024-09-02 839,831 $0.46 2,965,659 No 4 P Indirect By The Red Oak Long Fund, L.P. directly
Common Stock Acquisiton 2024-10-18 403,179 $0.60 5,788,057 No 4 P Indirect By The Red Oak Fund, L.P. directly
Common Stock Acquisiton 2024-10-18 33,451 $0.60 2,999,110 No 4 P Indirect By The Red Oak Fund, L.P. directly
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By The Red Oak Fund, LP directly
No 4 P Indirect By The Red Oak Long Fund, L.P. directly
No 4 P Indirect By The Red Oak Fund, LP directly
No 4 P Indirect By The Red Oak Long Fund, L.P. directly
No 4 P Indirect By The Red Oak Fund, L.P. directly
No 4 P Indirect By The Red Oak Fund, L.P. directly
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Class B Non-Voting Common Stock Acquisiton 2024-10-18 10,868 $0.55 5,788,057 $0.00
Common Stock Class B Non-Voting Common Stock Acquisiton 2024-10-18 5,632 $0.55 2,999,110 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
10,868 No 4 P Indirect
5,632 No 4 P Indirect
Footnotes
  1. Red Oak Partners, LLC ("ROP") serves as the general partner of The Red Oak Fund, LP, a Delaware limited partnership (the "Fund"), the direct owner of the subject securities. David Sandberg is the managing member of ROP and the Fund's portfolio manager.
  2. ROP serves as the general partner of The Red Oak Long Fund, LP, a Delaware limited partnership (the "Long Fund"), the direct owner of the subject securities. David Sandberg is the managing member of ROP and the Long Fund's portfolio manager.
  3. Each Reporting Person disclaims beneficial ownership of all securities reported herein, except to the extent of their pecuniary interest therein, if any, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the shares for purposes of Section 16 of the Securities and Exchange Act of 1934 or for any other purpose.
  4. Shares purchased pursuant to a private transaction.
  5. These transactions were executed in multiple trades at prices ranging from $0.52 to $0.70. The price reported in Column 4 of Table I reflects the weighted average purchase price. The reporting persons hereby undertake to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which each of the individual transactions was effected.
  6. Class B shares are immediately exercisable and do not expire.