other material
confidence high
sentiment neutral
materiality 0.40
Surf Air Mobility issues 4.86M shares to Palantir for $2M in services
SURF AIR MOBILITY INC.
- Issued 4,856,727 shares of common stock to Palantir Technologies Inc. for in-kind services valued at $2 million.
- Shares issued under Rule 506(b) of Regulation D and Section 4(2) of Securities Act; no registration.
- Transaction preserves cash for Surf Air Mobility while compensating Palantir for services.