secwatch.observer — SEC 8-K summary
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Issuer:     SURF AIR MOBILITY INC. (SRFM)
CIK:        0001936224
Form:       8-K
Filed at:   2024-10-08T23:59:59+00:00
Accession:  0000950170-24-113568
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 3.02
LLM model:  deepseek-v4-flash:cloud@v2

Surf Air Mobility issues 1.27M shares to Palantir for $1.6M in in-kind services
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- Issued 1,270,869 shares of common stock to Palantir Technologies Inc.
- Shares issued as payment for in-kind services valued at $1.6 million.
- Transaction exempt under Rule 506 of Regulation D and Section 4(2) of the Securities Act.
- Dilution of existing shareholders; no cash proceeds to the company.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1936224/000095017024113568/0000950170-24-113568-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1936224/000095017024113568/srfm-20241002.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-113568

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