---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-092780"
form_type: "8-K/A"
ticker: "JETMF"
cik: "0001846084"
company_name: "Global Crossing Airlines Group Inc."
filed_at: "2022-04-01T23:59:59+00:00"
generated_at: "2026-06-26T11:06:54.150557+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Global Crossing Airlines closes US$6.0M secured debenture financing at 15% interest, issues warrants

## Summary
- Gross proceeds of US$6.0M from non-convertible debentures maturing in 24 months, bearing 15% annual interest payable quarterly.
- Each US$1.24 principal amount includes one warrant; total 4,838,707 warrants exercisable at US$1.24 per share for 24 months.
- Net proceeds to fund three additional A320 passenger aircraft for charter by Q2 2022 and deposits for first four A321F cargo aircraft by Q4 2022.
- Lead investor Alterna Capital Partners; related party transaction: director's affiliate purchased US$200,000 of debentures.
- Finder's fees of US$41,175 paid; debentures secured by tangible fixed assets.

## SEC filing metadata
- accession: 0001193125-22-092780
- form_type: 8-K/A
- ticker: JETMF
- cik: 0001846084
- company_name: Global Crossing Airlines Group Inc.
- filed_at: 2022-04-01T23:59:59+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/1846084/000119312522092780/0001193125-22-092780-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1846084/000119312522092780/d293696d8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-092780
- JSON: https://secwatch.observer/filing/0001193125-22-092780.json
- Plain text: https://secwatch.observer/filing/0001193125-22-092780.txt

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