RED OAK PARTNERS, LLC

PrivateCIK: 1325533

Location

BOCA RATON, FL

RED OAK PARTNERS, LLC reported 2 transactions at GLOBAL CROSSING AIRLINES GROUP INC.

Review the transaction codes below to understand the nature of each event.

RED OAK PARTNERS, LLC

Filed: 4/7/2025ACC: 0001325533-25-000002

InsiderRED OAK PARTNERS, LLCCIK 1325533

→

IssuerGLOBAL CROSSING AIRLINES GROUP INC.CIK 1846084

10% Owner

Since Apr 2024

0.00

Net shares

Net seller

$0.00

Total acquired

0

Open market trades

0B · 0S

4

Total transactions

1.20M acquired · 1.20M disposed

Non-Derivative Transactions2

Common Stock

Indirect

C · Conversion

Shares

+787.52K

Price / share

—

Trade value

—

% of position

14.2%

3/20/2025

5.53M→6.32M

Common Stock

Indirect

C · Conversion

Shares

+412.48K

Price / share

—

Trade value

—

% of position

14.2%

3/20/2025

2.90M→3.31M

Total

Net shares

+1.20M

Net value

$0.00

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Indirect	3/20/2025	C · Conversion	+787.52K	—	—	14.2%	5.53M	6.32M
Common Stock Indirect	3/20/2025	C · Conversion	+412.48K	—	—	14.2%	2.90M	3.31M
Total			+1.20M		$0.00

Derivative Transactions2

Class B Non-Voting Common Stock

Indirect

C · Conversion

Converts to

Common Stock

787.52K shares

Shares

−787.52K

Strike price

0

Held after

10.87K

Exercisable

—

3/20/2025

Class B Non-Voting Common Stock

Indirect

C · Conversion

Converts to

Common Stock

412.48K shares

Shares

−412.48K

Strike price

0

Held after

5.63K

Exercisable

—

3/20/2025

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Class B Non-Voting Common Stock Indirect	Common Stock787.52K shares	3/20/2025	C · Conversion	−787.52K	0	—	10.87K
Class B Non-Voting Common Stock Indirect	Common Stock412.48K shares	3/20/2025	C · Conversion	−412.48K	0	—	5.63K

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)4

Warrants

Indirect

Underlying security

Common Stock

Underlying shares

4.95M

Shares owned

4.95M

Exercise price

1.5

Expiration

—

Exercise window

—

Class A Non-Voting Common Stock

Indirect

Underlying security

Common Stock

Underlying shares

1.90M

Shares owned

1.90M

Exercise price

0

Expiration

—

Exercise window

—

Warrants

Indirect

Underlying security

Common Stock

Underlying shares

2.59M

Shares owned

2.59M

Exercise price

1.5

Expiration

—

Exercise window

—

Class A Non-Voting Common Stock

Indirect

Underlying security

Common Stock

Underlying shares

3.63M

Shares owned

3.63M

Exercise price

0

Expiration

—

Exercise window

—

Total

Underlying

13.07M

Owned

13.07M

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Warrants Indirect	Common Stock	1.5	—	—	4.95M	4.95M
Class A Non-Voting Common Stock Indirect	Common Stock	0	—	—	1.90M	1.90M
Warrants Indirect	Common Stock	1.5	—	—	2.59M	2.59M
Class A Non-Voting Common Stock Indirect	Common Stock	0	—	—	3.63M	3.63M
Total					13.07M	13.07M

RED OAK PARTNERS, LLC — Insider Transaction (Form 4) Filed Apr 7, 2025 | Finecho