- Global Crossing Airlines (JET) has been approved to list its shares on the NEO Exchange
- Its dual-class shares will be delisted from the TSXV on March 15 and begin trading on the NEO the following day
- The company views the move as key to increasing its shareholder base
- Global Crossing Airlines flies as a passenger ACMI and charter airline serving the U.S., Caribbean and Latin American markets
- Global Crossing Airlines (JET) is unchanged trading at $1.40 per share
Global Crossing Airlines (JET) has been approved to list its shares on the NEO Exchange.
The NEO Exchange, founded in 2015, is Canada’s Tier 1 stock exchange for the innovation economy. It is internationally recognized and emphasizes a service-oriented environment that puts investors on a level playing field.
The company’s common stock and class B non-voting shares will begin trading on the NEO Exchange at 9:30 am EST on March 16, 2022.
Its existing trading symbols will remain unchanged as a result of the listing.
Its shares will be delisted from the TSX Venture Exchange once trading closes on March 15, 2022.
“Within 18 months we have taken GlobalX from a start-up to now operating six aircraft and the completion of a listing on a senior stock exchange,” stated Ed Wegel, CEO of Global Crossing. “As we continue our rapid growth, we are convinced that listing on the NEO raises our profile among retail and institutional investors and provides a platform from which to expand our shareholder base.”
Global Crossing Airlines flies as a passenger ACMI and charter airline serving the U.S., Caribbean and Latin American markets. It will expand into cargo service flying later this year.
Global Crossing Airlines (JET) is unchanged trading at $1.40 per share as of 9:41 am EST.