Galloway Urges Strategic Review to Address Undervaluation at Global Crossing Airlines Group (JETBF)
Key Summary: Galloway Capital Partners (4.33%) sent a letter urging the company to explore strategic options—including a sale, merger, or going private—via an advisor, citing significant undervaluation and a desire to work with management to enhance shareholder value.
Market Cap: $39 million | Global Crossing Airlines Group Inc. provides air transport services in the United States, Europe, Canada, and Central and South America.
On May 22, 2025, Galloway Capital Partners (4.33%) sent a letter to the company stating that it believes the Company's shares are significantly undervalued. They propose working with management and the Board to enhance shareholder value and urge exploring strategic transactions like acquisition, merger, sale, or going private through an investment bank or advisor to create shareholder value.
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