---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-126785"
form_type: "8-K"
ticker: "SRFM"
cik: "0001936224"
company_name: "SURF AIR MOBILITY INC."
filed_at: "2024-11-14T23:59:59+00:00"
generated_at: "2026-05-30T00:39:26.975848+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Surf Air Mobility secures $50M term loan from Comvest; aims for profitability

## Summary
- Closed $44.5M senior secured term loan (fully funded) + $5.5M delayed draw for interest; SOFR+5%.
- Financing from Comvest Partners; reduces cost of capital and minimizes dilution from equity facility.
- Four-phase transformation plan: optimization (2025-26), expansion (2026-27), acceleration (2027+).
- Company targets profitability; new management team in place (CFO Oliver Reeves, Interim CEO Deanna White).

## SEC filing metadata
- accession: 0000950170-24-126785
- form_type: 8-K
- ticker: SRFM
- cik: 0001936224
- company_name: SURF AIR MOBILITY INC.
- filed_at: 2024-11-14T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1936224/000095017024126785/0000950170-24-126785-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1936224/000095017024126785/srfm-20241114.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-126785
- JSON: https://secwatch.observer/filing/0000950170-24-126785.json
- Plain text: https://secwatch.observer/filing/0000950170-24-126785.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.