MIAMI, Feb. 03, 2022 (GLOBE NEWSWIRE) -- Global Crossing Airlines Group, Inc. (JET: TSX-V; JET.B: TSX-V; JETMF: OTCQB) (the “Company” or “GlobalX”) today announces that its resale registration statement on Form S-1 (the “Registration Statement”) filed under the U.S. Securities Act of 1933, as amended (the “Securities Act”), was declared effective by the Securities and Exchange Commission (“SEC”) on February 3, 2022. GlobalX filed the Registration Statement, to register the resale of shares of common stock and Class B non-voting common stock, including shares issuable upon the exercise of warrants, by the selling stockholders named in the Registration Statement, which securities acquired in prior private placements. GlobalX has become a reporting issuer under the Securities Exchange Act of 1934, as amended (“Exchange Act”), and will file reports under the Exchange Act with the SEC, which will be available at www.sec.gov.
Chairman and CEO of GlobalX Ed Wegel, commented, “We believe that becoming a fully-reporting company subject to the reporting requirements of the SEC shows our commitment to providing current public information to not only our shareholders, but to the public, in general.”
Copies of the prospectus that is included in the Registration Statement may be obtained from GlobalX by request by email at or by visiting www.sec.gov.
This news release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any offer or sale of any securities, in any state or jurisdiction in which the offer, solicitation, or sale of securities would be unlawful. The securities being offered have not been approved or disapproved by the SEC or any Canadian securities commission, nor has any such regulatory authority passed upon the accuracy or adequacy of the Registration Statement.