4//SEC Filing
Red Oak Partners, LLC 4
Accession 0001325533-25-000004
CIK 0001846084other
Filed
Nov 11, 7:00 PM ET
Accepted
Nov 12, 5:14 PM ET
Size
20.3 KB
Accession
0001325533-25-000004
Insider Transaction Report
Form 4
Red Oak Partners, LLC
10% Owner
Transactions
- Sale
Class A Non-Voting Common Stock
2025-11-07$0.73/sh−709,494$517,221→ 2,924,645 total(indirect: By The Red Oak Fund, LP directly)Exercise: $0.00→ Common Stock (709,494 underlying) - Sale
Warrants
2025-11-07$0.01/sh−534,246$5,342→ 2,056,328 total(indirect: By The Red Oak Long Fund, L.P. directly)Exercise: $1.50Exp: 2026-04-29→ Common Stock (534,246 underlying) - Sale
Class A Non-Voting Common Stock
2025-11-07$0.73/sh−392,486$286,122→ 1,510,688 total(indirect: By The Red Oak Long Fund, L.P. directly)Exercise: $0.00→ Common Stock (392,486 underlying) - Sale
Warrants
2025-11-07$0.01/sh−965,754$9,658→ 3,980,985 total(indirect: By The Red Oak Fund, LP directly)Exercise: $1.50Exp: 2026-04-29→ Common Stock (965,754 underlying) - Sale
Common Stock
2025-11-07$0.71/sh−256,260$182,201→ 6,060,759 total(indirect: By The Red Oak Fund, LP directly) - Sale
Common Stock
2025-11-07$0.71/sh−141,760$100,791→ 3,166,888 total(indirect: By The Red Oak Long Fund, L.P. directly)
Holdings
- 5,632(indirect: By The Red Oak Long Fund, L.P. directly)
Class B Non-Voting Common Stock
Exercise: $0.00→ Common Stock (5,632 underlying) - 10,868(indirect: By The Red Oak Fund, LP directly)
Class B Non-Voting Common Stock
Exercise: $0.00→ Common Stock (10,868 underlying)
Footnotes (5)
- [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]Warrants may not be exercised to the extent that, after giving effect to such exercise, the Reporting Persons would beneficially own in excess of 4.99% of the issued and outstanding common stock after such exercise.
- [F5]Immediately exercisable and do not expire.
Documents
Issuer
Global Crossing Airlines Group Inc.
CIK 0001846084
Entity typeother
IncorporatedFL
Related Parties
1- filerCIK 0001325533
Filing Metadata
- Form type
- 4
- Filed
- Nov 11, 7:00 PM ET
- Accepted
- Nov 12, 5:14 PM ET
- Size
- 20.3 KB