Surf Air Mobility Announces $100 Million Strategic Transaction to Accelerate Growth and Strengthen Balance Sheet
Surf Air Mobility Inc. (SRFM)
Company Research
Source: Business Wire
$74 million zero-coupon convertible note purchased by an institutional investor with 20% conversion premium to refinance existing debt$20 million of new common equity and warrants purchased at Friday’s closing price of $3.32 by an institutional investor ($10 million) and Surf Air Mobility Co-founder together with a related party ($10 million) to drive commercialization of SurfOS$6 million of new common equity to be issued to Palantir Technologies (NASDAQ: PLTR) as prepayment for software and services LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) (“Surf Air Mobility”, the “Company”), a leading air mobility platform, today announced that it has entered into a transformative $100 million strategic transaction. The transaction accelerates the development and commercialization of Surf Air Mobility’s proprietary SurfOS software, strengthens the Company’s balance sheet, and positions the Company for long-term profitable growth.Deanna White, CEO of Surf Air Mobility, sa
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News
- Surf Air Mobility to Present at the H.C. Wainwright AeroNext: Investing in Advanced Air Mobility, Urban Aviation, and Unmanned Systems Virtual Conference [Yahoo! Finance]Yahoo! Finance
- Surf Air Mobility to Present at the H.C. Wainwright AeroNext: Investing in Advanced Air Mobility, Urban Aviation, and Unmanned Systems Virtual ConferenceBusiness Wire
- Surf Air Mobility: After The Drop, Is The AI And Electrification Story Attractive? [Seeking Alpha]Seeking Alpha
- Surf Air Mobility Inc (SRFM) Q3 2025 Earnings Call Highlights: Strategic Financing and Revenue ... [Yahoo! Finance]Yahoo! Finance
- Surf Air Mobility Inc. (SRFM) Q3 2025 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
SRFM
Earnings
- 11/12/25 - Miss
SRFM
Analyst Actions
- 11/14/25 - Canaccord Genuity
SRFM
Sec Filings
- 11/24/25 - Form D
- 11/24/25 - Form 424B5
- 11/21/25 - Form 8-K
- SRFM's page on the SEC website