- Global Crossing Airlines (JET) provides a final update on a share capital reorganization and confirms a temporary trading halt
- The share capital reorganization will be effective on July 12, 2021
- Trading in its shares will resume at market opening on Wednesday, July 14, 2021
- Effective at market opening on Wednesday, July 14, 2021, Global will have two classes of shares trading on the TSX Venture Exchange
- The first is the shares of its common stock, under the ticker symbol ‘JET’ and shares of Class B non-voting common stock, under the ticker symbol ‘JET’
- Global Crossing Airlines Group Inc. (JET) is down 1.90 per cent and is trading at C$2.58 at close
Global Crossing Airlines Group Inc. (JET) has provided a final update on its share capital reorganization.
The share capital reorganization will be effective on July 12, 2021. In order to facilitate the distribution of shares pursuant to reorganization, trading of Global shares will be halted on the TSX Venture Exchange at market opening on Monday, July 12, 2021.
Trading will resume at market opening on Wednesday, July 14, 2021.
Effective at market opening on Wednesday, July 14, 2021, Global will have two classes of shares trading on the TSX Venture Exchange.
The first is the shares of its common stock, under the ticker symbol ‘JET’ and shares of Class B non-voting common stock, under the ticker symbol ‘JET.’.
GlobalX is a US 121 domestic flag and the supplemental airline now in FAA certification using the Airbus A320 family aircraft.
GlobalX has taken delivery of one A320 and one A321 aircraft as it prepares for revenue operations.
Global Crossing Airlines Group Inc. (JET) is down 1.90 per cent and is trading at C$2.58 at close.