Surf Air Mobility Inc

Earnings data Q2 2023

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Surf Air Mobility exceeds Q3 expectations, eyes profitable growth

Surf Air Mobility's Q3 performance exceeded expectations, driven by strategic initiatives and financial restructuring.
While challenges in achieving sustained profitability persist, the company's focus on operational optimization and revenue diversification presents growth opportunities.
With a strong balance sheet and ongoing transformation efforts, Surf Air Mobility is poised for profitable growth and market expansion in the coming years.

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Surf Air Mobility, Inc. operates as an electric aviation and air travel company. The company was founded by Sudhin Shahani and Liam Fayed in 2021 and is headquartered in Hawthorne, CA.

Surf Air Mobility Inc Friday announced an updated investment commitment from the Luxembourg-based investor Gem Global Yield LLC SCS (GGY), to purchase up to US$400 million of Surf Air Mobility common stock over a specified term. The Surf Air parent also said it may request advances under the share subscription facility of up to US$100 million, consisting of four incremental advances of up to US$25 million each.

Surf Air Mobility secures more funding ahead of go-pubic transaction

Electric aviation and regional air travel company Surf Air Mobility said on Thursday it expects the company's shares to start trading on July 11, setting the stage for the first major direct listing in the United States in months.

Surf Air Mobility expects NYSE debut on July 11

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (“Surf Air Mobility” or “Surf Air”), a regional air travel company aiming to sustainably connect the world's communities, today announced they have updated their investment commitment from Luxembourg-based Gem Global Yield LLC SCS (“GGY”) pursuant to a share subscription facility and entered into an additional 1,000,000 share purchase agreement with GGY at $25 per share to be funded upon Surf Air Mobility becoming a public company. Pursuant t.

Surf Air Mobility Announces Updated Funding From Gem Global Yield LLC SCS

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (“Surf Air Mobility” or “Surf Air”), a regional air travel company aiming to sustainably connect the world's communities, today announced that David Anderman will join the company as their Chief Legal Officer. Mr. Anderman brings extensive experience across corporate legal strategy and operations, particularly in the aerospace field. Mr. Anderman's leadership will help Surf Air Mobility further its mission to advance the future of flight. Add.

Surf Air Mobility Adds David Anderman as Chief Legal Officer; Appoints Bruce Hack to Board of Directors

David Anderman, who recently served as SpaceX general counsel, is joining soon-to-be-public company Surf Air Mobility, CNBC has learned.

Former top SpaceX lawyer joins Surf Air Mobility as it prepares to go public

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (“Surf Air Mobility” or “Surf Air”), a regional air travel company aiming to sustainably connect the world's communities, today announced it will host an Investor Day at the New York Stock Exchange in New York City on Thursday, June 22, 2023, beginning at 2:00 p.m. ET. To register for the live webinar, please visit Surf Air's investor relations website on the day of the event. What: Surf Air Mobility Investor and Financial Analyst Day When: T.

Surf Air Mobility to Host Investor Day on June 22, 2023

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There were no pricings this past week, as the sole scheduled deal delayed Azitra. Electric air travel company Surf Air Mobility filed for a direct listing on the NYSE. Pixie Dust Technologies, a Japanese maker of personal care devices and spatial materials, filed to raise $19 million at a $143 million market cap.

U.S. IPO Weekly Recap: No IPOs, But The Pipeline Gets A Pickup With 3 New Filers

Surf Air Mobility Inc. has filed for a direct listing on the NYSE. The firm intends to combine with Southern Airways to provide regional air transportation via small turboprop aircraft for underserved U.S. markets. Surf Air Mobility has produced slowing revenue growth, high operating losses and cash burn, and will need additional capital after the listing.

Surf Air Mobility Files Plan For U.S. Direct Listing

Surf Air Mobility's revenue for a unit jumped nearly 72% in 2022, showed the electric aviation and regional air travel company's regulatory filing on Monday with the U.S. Securities and Exchange Commission to list its shares in New York.

Surf Air Mobility reveals revenue surge in listing paperwork

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (“Surf Air Mobility” or “Surf Air”), a regional air travel company aiming to sustainably connect the world's communities, today announced it has publicly filed a registration statement on Form S-1 and S-4 with the U.S. Securities and Exchange Commission (the "SEC") relating to the proposed direct listing of its common stock. Surf Air Mobility intends to list its common stock on the New York Stock Exchange under the ticker symbol "SRFM." A cop.

Surf Air Mobility Announces Public Filing of Registration Statement for Proposed Direct Listing of Its Common Stock

Surf Air Mobility Inc. on Monday filed plans to list its stock for trading under the symbol SRFM in an upcoming initial public offering on the New York Stock Exchange. The Hawthorne, Calif.

Surf Air Mobility files to go public on NYSE with no underwriter

News for Surf Air Mobility Inc Stock (SRFM)