{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-094783","form_type":"8-K","ticker":"SRFM","cik":"0001936224","company_name":"SURF AIR MOBILITY INC.","filed_at":"2024-08-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:15.229055+00:00","generated_at":"2026-05-31T10:33:18.917615+00:00","sec_items":["3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Surf Air Mobility closes $35.2M mandatory convertible security; cancels 6.3M shares and restores $400M facility","bullets":["Closed $35.2M mandatory convertible security with GEM, convertible into up to 8M common shares, maturing August 7, 2029.","GEM delivered 6.3M already-issued shares to cancel, reducing near-term overhang.","New volume restriction limits GEM sales to 10% of prior day's trading volume.","Company can redeem all or part of the security at 115% of par to avoid dilution.","Restored full capacity under $400M share subscription facility for future drawdowns."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-094783","json":"https://secwatch.observer/filing/0000950170-24-094783.json","markdown":"https://secwatch.observer/filing/0000950170-24-094783.md","text":"https://secwatch.observer/filing/0000950170-24-094783.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1936224/000095017024094783/0000950170-24-094783-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1936224/000095017024094783/srfm-20240807.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T10:33:18.917615+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}