Surf Air Mobility Inc. (NYSE: SRFM), a prominent regional air mobility platform, has announced a registered direct offering of common stock, amounting to $27 million. The company has entered into definitive agreements for the sale of 10,800,002 shares at a price of $2.50 per share. H.C. Wainwright & Co. is acting as the exclusive placement agent for this offering. The transaction, which is anticipated to close on or about June 26, 2025, is subject to customary closing conditions. The proceeds from this offering are intended for paying down certain debts and general corporate purposes.
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