SC 13G/A: Global Crossing Airlines Group Inc.

AI Summary

SC 13G/A filing by Global Crossing Airlines Group Inc..

Risk Assessment

Risk Level: low

Key Financial Figures

• $0.001 — me of Issuer) Common Stock, par value $0.001 (Title of Class of Securities) 3796
• $0 — ment relates to Common Stock, par value $0.001, of the Issuer. (e) The CUSIP Num

Filing Documents

• p215241sc13ga1.htm (SC 13G/A) — 54KB
• 0001214659-24-002963.txt ( ) — 56KB

IF THIS STATEMENT IS FILED PURSUANT

ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO SS.240.13d-1(b) OR 240.13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A: (a) ¨ Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o). (b) ¨ Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c). (c) ¨ Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c). (d) ¨ Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). (e) ¨ An investment adviser in accordance with ss.240.13d-1(b)(1)(ii)(E); (f) ¨ An employee benefit plan or endowment fund in accordance with ss.240.13d-1(b)(1)(ii)(F); (g) ¨ A parent holding company or control person in accordance with ss.240.13d-1(b)(1)(ii)(G); (h) ¨ A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) ¨ A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) ¨ A non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J) (k) ¨ Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J), please specify the type of institution: ____ 6

OWNERSHIP

ITEM 4. OWNERSHIP. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: Red Oak Partners may be deemed to beneficially own 3,782,956 shares of Common Stock which includes: 2,350,528 shares of Common Stock that Red Oak Fund may be deemed to beneficially own and 1,432,428 shares of Common Stock that Red Oak Long Fund may be deemed to beneficially own. Mr. Sandberg, as the managing member of Red Oak Partners may be deemed to beneficially own the 3,782,956 shares of Common Stock beneficially owned by Red Oak Partners through the Funds. (b) Percent of class: With respect to David Sandberg and Red Oak Partners, 9.4% of Common Stock. With respect to the Red Oak Fund, 5.8% of Common Stock. With respect to the Red Oak Long Fund, 3.6% of Common Stock. (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote 0 (ii) Shared power to vote or to direct the vote With respect to David Sandberg and Red Oak Partners, LLC, 3,782,956 shares of Common Stock. (iii) Sole power to dispose or to direct the disposition of 0 (iv) Shared power to dispose or to direct the disposition of With respect to David Sandberg and Red Oak Partners, LLC, 3,782,956 shares of Common Stock.

OWNERSHIP OF FIVE PERCENT OR LESS OF

ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following ¨ . Not applicable.

OWNERSHIP OF MORE THAN FIVE PERCENT

ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON. Not applicable.

IDENTIFICATION AND CLASSIFICATION OF

ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY. Not applicable.

IDENTIFICATION AND CLASSIFICATION OF

ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP. Not applicable.

NOTICE OF DISSOLUTION OF GROUP

ITEM 9. NOTICE OF DISSOLUTION OF GROUP. Not applicable.

CERTIFICATIONS

ITEM 10. CERTIFICATIONS. (a) Not applicable. (b) By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. 7 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. Dated: February 14, 2023 By: /s/ David Sandberg Name: David Sandberg RED OAK PARTNERS, LLC By: /s/ David Sandberg Name: David Sandberg Title: Managing Member THE RED OAK FUND, L.P. By: RED OAK PARTNERS, LLC, its general partner By: /s/ David Sandberg Name: David Sandberg Title: Managing Member THE RED OAK LONG FUND, L.P. By: RED OAK PARTNERS, LLC, its general partner By: /s/ David Sandberg Name: David Sandberg Title: Managing Member 8

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