Red Oak Partners, LLC 4

Accession 0001325533-24-000004

CIK 0001846084other

Filed

Oct 20, 8:00 PM ET

Accepted

Oct 21, 7:31 PM ET

Size

20.1 KB

Accession

0001325533-24-000004

Form 4

Period: 2024-07-16

10% Owner

Transactions

Purchase
Class B Non-Voting Common Stock
2024-10-18$0.55/sh+10,868$5,999→ 10,868 total(indirect: By The Red Oak Fund, LP directly)
Exercise: $0.00→ Common Stock (5,788,057 underlying)
Purchase
Common Stock
2024-09-02$0.46/sh+839,831$386,322→ 2,965,659 total(indirect: By The Red Oak Long Fund, L.P. directly)
Purchase
Common Stock
2024-07-16$0.45/sh+419,528$188,788→ 2,125,828 total(indirect: By The Red Oak Long Fund, L.P. directly)
Purchase
Common Stock
2024-10-18$0.60/sh+403,179$241,101→ 5,788,057 total(indirect: By The Red Oak Fund, L.P. directly)
Purchase
Class B Non-Voting Common Stock
2024-10-18$0.55/sh+5,632$3,109→ 5,632 total(indirect: By The Red Oak Long Fund, L.P. directly)
Exercise: $0.00→ Common Stock (2,999,110 underlying)
Purchase
Common Stock
2024-07-16$0.45/sh+1,080,472$486,212→ 3,899,709 total(indirect: By The Red Oak Fund, LP directly)
Purchase
Common Stock
2024-09-02$0.46/sh+1,485,169$683,178→ 5,384,878 total(indirect: By The Red Oak Fund, LP directly)
Purchase
Common Stock
2024-10-18$0.60/sh+33,451$19,937→ 2,999,110 total(indirect: By The Red Oak Fund, L.P. directly)

Footnotes (6)

[F1]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.
[F2]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.
[F3]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.
[F4]Shares purchased pursuant to a private transaction.
[F5]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.
[F6]Class B shares are immediately exercisable and do not expire.

Documents

1 file

Global Crossing Airlines Group Inc.

CIK 0001846084

Entity typeother

IncorporatedFL