Activist Investor Galloway Capital Increases Stake to 8.10%, Urges Management to Boost Shareholder Value

summarizeSummary

Galloway Capital Partners, an activist investor, has increased its stake in Global Crossing Airlines Group to 8.10% and sent a letter to management advocating for actions to address the company's perceived undervaluation.

check_boxKey Events

• Increased Ownership

  Galloway Capital Partners, LLC and its affiliates now beneficially own 5,372,000 shares, representing an 8.10% stake in Global Crossing Airlines Group Inc.

• Recent Purchases

  The investor group acquired 768,000 shares in open market purchases over the last 60 days at an average price of $0.484 per share, totaling approximately $371,712.

• Activist Engagement

  Galloway Capital sent a letter to management on April 10, 2026, stating their belief that the company is significantly undervalued and expressing intent to engage constructively to enhance shareholder value.

• Valuation Perspective

  The investor estimates the company has the potential to generate at least $30 million in EBITDA and $90 million in EBITDAR this year, suggesting an enterprise value in excess of $600 million, or approximately $9.50 per share.

auto_awesomeAnalysis

Galloway Capital Partners, LLC and its affiliates have significantly increased their ownership in Global Crossing Airlines Group Inc. to 8.10% and are actively engaging with management. The investor group believes the company is substantially undervalued, estimating a potential share price of $9.50 compared to the current trading price. This activist stance, coupled with recent open market purchases, signals strong conviction and could pressure management to explore strategies to unlock shareholder value.