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Filing Details

Accession Number:: 0001325533-24-000005
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2024-12-23 18:21:36
Reporting Period:: 2024-12-19

Accepted Time:: 2024-12-23 18:21:36
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

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2024-12-19	775,836	$0.46	5,013,221	No	4	S	Indirect	By The Red Oak Fund, LP directly
Common Stock	Disposition	2024-12-19	386,664	$0.46	2,612,446	No	4	S	Indirect	By The Red Oak Long Fund, L.P. directly

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	By The Red Oak Fund, LP directly
No	4	S	Indirect	By The Red Oak Long Fund, L.P. directly

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Class B Non-Voting Common Stock	$0.00			5,024,089	10,868	Indirect
Common Stock	Class B Non-Voting Common Stock	$0.00			2,618,078	5,632	Indirect

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
	5,024,089	10,868	Indirect
	2,618,078	5,632	Indirect

Footnotes

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.
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.
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.
Shares sold pursuant to a private transaction.
There were sales by the Fund and the Long Fund (collectively, the "Funds") of an aggregate of 1,162,500 shares on December 19, 2024 at $0.46 per share, inclusive, that have been matched against purchases on July 16, 2024 by the Funds to the extent of an aggregate of 1,162,500 shares at a price range between $0.435 and $0.45, inclusive. The aforementioned purchase price constitutes the lowest purchase price paid by the reporting person matched against the highest sale price that the reporting person received for the sale of shares on the date hereof. The reporting person has agreed to pay Global Crossing Airlines Group Inc. $11,925, representing the full amount of the profit realized in connection with the short-swing transaction.
Class B shares are immediately exercisable and do not expire.