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Bullboard - Stock Discussion Forum Global Crossing Airlines Group Inc N.JET

Alternate Symbol(s):  N.JET.B | JETBF | JETMF

Global Crossing Airlines Group Inc. operates a United States Part 121 domestic flag and supplemental airline using the Airbus A320 family of aircraft (A320). Its business model is to provide services on an Aircraft, Crew, Maintenance and Insurance (ACMI) using wet lease contracts to airlines and non-airlines, and on a Full Service (Charter) basis whereby it provides passenger aircraft charter... see more

NEO:JET - Post Discussion

Global Crossing Airlines Group Inc > Global Crossing Cdn. spin out shares com & var
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Post by patch44 on Sep 24, 2021 10:23am

Global Crossing Cdn. spin out shares com & var

These shares are worthless.  Not trading.  No symbol.  Brokerages have no info on them,  If you held your global crossing shares in a tfsa they have to be removed.
Comment by knowyourstock on Sep 24, 2021 12:23pm
As per last corporate update, I recall that Canada Jetlines is looking to acquire a dormant canadian publicly traded company, i.e. quickest route to obtaining trading symbol, the expectation was that this would occur sometime during Oct 2021. Until Canada Jetline is publicly traded, then it makes sense that brokages have no knowlege of the Company. Until publicly traded, shareholders own common ...more  
Comment by Malricy on Sep 28, 2021 7:58am
Hmmm... maybe I am wrong... but Canada jetlines was waiting to do a private placement, which they have achieved, the shares, which were already distributed, should start becoming tradable sometime in October. Half, shareholders will be able to trade right away, the other half I believe there will be a hold on those. I've been a shareholder of jet fir a while, I received my Canada jetlines ...more  
Comment by knowyourstock on Oct 12, 2021 10:08am
Well, my understanding of the spin out was slightly off, not the execution that I had in my head at the time.  But overall, good news on spin out below: Canada Jetlines To Begin Trading On The Neo Tomorrow   October 12, 2021 9:08 AM   Jay Lutz  0 Comments Canada Jetlines, Global Crossing Airlines Share Tweet Share Canada ...more  
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