UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
| FORM |
| Amendment No. 1 |
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Explanatory Note
ITEM 5.02. DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.
Edward J. Wegel was terminated as the Company’s Chief Executive Officer and Chairman of the Board of Directors, effective of February 5, 2024. No separation or severance arrangement was entered into between the Company and Mr. Wegel. Mr. Wegel will not receive any severance payments. Mr. Wegel will continue to serve on the Company’s Board of Directors.
Ryan Goepel has been appointed President of the Company, effective as of February 5, 2024.
Chris Jamroz has been appointed as Executive Chairman of the Company’s Board of Directors, effective as of February 5, 2024.
| Item 8.01 | Other Events |
The Company issued a press release on February 5, 2024 announcing that Edward Wegel will cease to serve as the Company’s Chief Executive Officer and Chairman of the Board of Directors, the appointment of Ryan Goepel as Company’s President and Chris Jamroz as the Company’s Executive Chairman. A copy of the press release is filed as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein.
| Item 9.01 | Exhibits |
| Exhibit No. | Name | |
| 99.1 | Press release dated February 5, 2024 (incorporated by reference to Exhibit 99.1 to the Registrant’s Current Report on Form 8-K filed February 7, 2024) | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| GLOBAL CROSSING AIRLINES GROUP INC. | ||||||
| Date: March 13, 2024 | By: | /s/ Ryan Goepel | ||||
| Name: Ryan Goepel Title: President and Chief Financial Officer | ||||||