---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-082904"
form_type: "8-K"
ticker: "JETMF"
cik: "0001846084"
company_name: "Global Crossing Airlines Group Inc."
filed_at: "2022-03-23T23:59:59+00:00"
generated_at: "2026-06-26T20:02:51.273144+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Global Crossing Airlines raises up to $6M via debentures and warrants; funds aircraft expansion

## Summary
- Non-convertible debentures of up to $6M with 15% annual interest, payable quarterly; maturity 24 months.
- Alterna Capital Partners leads with $2.5M commitment; each $1.24 principal includes one warrant exercisable at $1.24 for 24 months.
- Proceeds to fund three additional A320 passenger aircraft by Q2 2022 and deposits for first four A321F cargo aircraft by Q4 2022.
- Debentures secured by a lien on the company's tangible fixed assets; company may prepay with 10% premium if within first year.
- Closing subject to stock exchange approval and customary conditions; securities issued under Regulation D exemption.

## SEC filing metadata
- accession: 0001193125-22-082904
- form_type: 8-K
- ticker: JETMF
- cik: 0001846084
- company_name: Global Crossing Airlines Group Inc.
- filed_at: 2022-03-23T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1846084/000119312522082904/0001193125-22-082904-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1846084/000119312522082904/d332769d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-082904
- JSON: https://secwatch.observer/filing/0001193125-22-082904.json
- Plain text: https://secwatch.observer/filing/0001193125-22-082904.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.