Home / Going-concern warnings / Global Crossing Airlines Group Inc.
Filed 2026-05-07 路 Form 10-Q 路 Accession 0001193125-26-211126 cap n/a
n/a: no price data available for JETBF.
90 days before the flag: 1 insider sold $73K (3 sales)
30 days after: none reported.
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2026-02-20 | Goepel Ryan See Remarks, Director | Sale | 113,329 | $0.48 | $54K | no | Form 4/A |
| 2026-03-16 | Goepel Ryan See Remarks, Director | Sale | 30,051 | $0.40 | $12K | no | Form 4/A |
| 2026-03-23 | Goepel Ryan See Remarks, Director | Sale | 15,549 | $0.44 | $7K | no | Form 4/A |
| 2026-05-07: red flag filed | |||||||
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2026-02-06 to 2026-06-06. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.
"These material uncertainties raise substantial doubt as to the Company's ability to continue as a going concern."
Quoted from the filing. Source
The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.
Source: management disclosure in Form 10-Q (period 2026-03-31)
Why this score: quarterly (unaudited) disclosure
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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