secwatch.observer — SEC 8-K summary
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Issuer:     SURF AIR MOBILITY INC. (SRFM)
CIK:        0001936224
Form:       8-K
Filed at:   2024-07-05T23:59:59+00:00
Accession:  0000950170-24-081694
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 3.02
LLM model:  deepseek-v4-flash:cloud@v2

Surf Air Mobility issues 4.86M shares to Palantir for $2M in services
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1936224/000095017024081694/0000950170-24-081694-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1936224/000095017024081694/srfm-20240627.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-081694

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