Surf Air Mobility (SRFM) Announces 10.8M Share Offering at $2.50/sh

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Surf Air Mobility Announces $27 Million Registered Direct Offering of Common Stock

June 25, 2025 2:26 PM EDT

LOS ANGELES--(BUSINESS WIRE)-- Surf Air Mobility Inc. (NYSE: SRFM) (the Company), a leading regional air mobility platform, announced today that it has entered into definitive agreements for the purchase and sale of 10,800,002 shares of common stock (or pre-funded warrants in lieu thereof) at a purchase price of $2.50 per share (or pre-funded warrant in lieu thereof) in a registered direct offering. The offering is expected to close on or about June 26, 2025, subject to the satisfaction of customary closing conditions.

H.C. Wainwright & Co. is acting as the exclusive placement agent for... More