| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | JETMF | Common Stock | Sale | -$357K | -776K | -13.4% | $0.46 | 5.01M | Dec 19, 2024 | By The Red Oak Fund, LP directly | F1, F3, F4, F5 |
| transaction | JETMF | Common Stock | Sale | -$178K | -387K | -12.89% | $0.46 | 2.61M | Dec 19, 2024 | By The Red Oak Long Fund, L.P. directly | F2, F3, F4, F5 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | JETMF | Class B Non-Voting Common Stock | 10.9K | Dec 19, 2024 | Common Stock | 5.02M | $0.00 | By The Red Oak Fund, LP directly | F1, F3, F6 | |||||
| holding | JETMF | Class B Non-Voting Common Stock | 5.63K | Dec 19, 2024 | Common Stock | 2.62M | $0.00 | By The Red Oak Long Fund, L.P. directly | F2, F3, F6 |
| Id | Content |
|---|---|
| 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 sold pursuant to a private transaction. |
| F5 | 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. |
| F6 | Class B shares are immediately exercisable and do not expire. |