Home / Going-concern warnings / Global Crossing Airlines Group Inc.
Filed 2026-03-05 路 Form 10-K 路 Accession 0001193125-26-093148 cap n/a
n/a: no price data available for JETBF.
90 days before the flag: 1 insider sold $54K (1 sale)
30 days after: 1 insider sold $19K (2 sales)
| 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 |
| 2026-03-05: red flag filed | |||||||
| 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 |
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-12-05 to 2026-04-04. 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 factors raise substantial doubt about its 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.
Going-concern opinion issued by: Rosenberg Rich Baker Berman, P.A.
Source: independent auditor report in Form 10-K (period 2025-12-31)
Why this score: in auditor's report
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
The week's most serious auditor changes, restatements, late filings and going-concern warnings, in plain English. Free. Unsubscribe anytime.
Subscribe to the newsletter →
The signup form didn't load here (often an ad or privacy blocker). This opens beehiiv's secure signup page.
Form not showing? Subscribe on beehiiv →
Newsletter delivered by beehiiv. See our privacy policy.