Global Crossing Airlines Group Inc.(TSXV: JET) (OTCQB: JETMF) (the "Company" or "GlobalX") is pleased to provide a final update on its share capital reorganization (the "Share Capital Reorganization"). The Share Capital Reorganization will be effective on July 12, 2021. In order to facilitate the distribution of shares pursuant to the Share Capital Reorganization, the shares of the Company will be halted on the TSX Venture Exchange at market opening on Monday, July 12, 2021. Trading in the Company's shares will resume at market opening on Wednesday, July 14, 2021.
Effective at market opening on Wednesday, July 14, 2021 the Company will have two classes of shares trading on the TSX Venture Exchange:
- Shares of Common Stock ("Common Shares") under the ticker symbol "JET"; CUSIP Number: 37960G401.
- Shares of Class B Non-Voting Common Stock ("Class B Non-Voting Shares") under the ticker symbol "JET.B"; CUSIP Number: 37960G302.
For further information on the Reorganization please refer to the management information circular dated May 25, 2021 and the Company's news releases dated May 21, 2021, June 11, 2021 and June 30, 2021, all available on SEDAR at www.sedar.com.