Surf Air Mobility raises $100 million in strategic transaction
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Surf Air Mobility Announces $100 Million Strategic Transaction to Accelerate Growth and Strengthen Balance Sheet
November 10, 2025 8:35 AM EST$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 Fridays 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:... More
