{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-021369","form_type":"8-K","ticker":"JETMF","cik":"0001846084","company_name":"Global Crossing Airlines Group Inc.","filed_at":"2023-02-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.102455+00:00","generated_at":"2026-06-20T04:08:47.147703+00:00","sec_items":["1.01","2.03","7.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Global Crossing Airlines secures $5M loan at 20% interest to fund fleet expansion","bullets":["Up to $5M promissory note from a third-party lender, unsecured, non-convertible, no warrants.","Loan bears 20% annual interest, six-month maturity, funded in two $2.5M tranches.","Proceeds will support working capital, charter operations, and delivery of four freighter aircraft in Q1 2023.","Company took possession of first A321 freighter on Jan 26 and expects three more within 45 days."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-021369","json":"https://secwatch.observer/filing/0001193125-23-021369.json","markdown":"https://secwatch.observer/filing/0001193125-23-021369.md","text":"https://secwatch.observer/filing/0001193125-23-021369.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1846084/000119312523021369/0001193125-23-021369-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1846084/000119312523021369/d452836d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T04:08:47.147703+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d6790f762857a5998230b8d98a24cc89505654d2","claim":"Global Crossing Airlines Group Inc. incurred loan of up to US$5,000,000 at 20% per annum maturing six months from the date of issuance.","evidence_excerpt":"On January 27, 2023, Global Crossing Airlines Group Inc. (the “Company”) and Global Crossing Airlines Inc. (“Global Subsidiary”), a wholly-owned subsidiary of the Company, became parties to promissory note (the “Note”) which evidences Global Subsidiary’s loan of up to US$5,000,000 (the “Loan”) from a third party lender.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1846084/000119312523021369/0001193125-23-021369-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"up to US$5,000,000"},{"label":"Rate","value":"20% per annum"},{"label":"Maturity","value":"six months from the date of issuance"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"d0523b75e762ef5a55c77c30eba0c64de51d7066","claim":"Global Crossing Airlines Group Inc. entered into Note valued at US$5,000,000 (effective 2023-01-27).","evidence_excerpt":"On January 27, 2023, Global Crossing Airlines Group Inc. (the \"Company\") and Global Crossing Airlines Inc. (\"Global Subsidiary\"), a wholly-owned subsidiary of the Company, became parties to promissory note (the \"Note\") which evidences Global Subsidiary's loan of up to US$5,000,000 (the \"Loan\") from a third party lender.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1846084/000119312523021369/0001193125-23-021369-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Value","value":"US$5,000,000"},{"label":"Effective","value":"2023-01-27"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}