secwatch.observer — SEC 8-K summary
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Issuer:     SURF AIR MOBILITY INC. (SRFM)
CIK:        0001936224
Form:       8-K
Filed at:   2025-04-01T23:59:59+00:00
Accession:  0000950170-25-048519
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Surf Air Mobility raises $5M in registered direct offering of common stock and pre-funded warrants
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- Sold 1,860,000 shares at $2.50/share and 140,000 pre-funded warrants at $2.4999 per warrant.
- Gross proceeds of approximately $5 million; offering closed on April 1, 2025.
- Placement agent H.C. Wainwright received warrants to buy 100,000 shares at $3.125.
- Company agreed to a 45-day lock-up on further equity issuances after closing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1936224/000095017025048519/0000950170-25-048519-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1936224/000095017025048519/srfm-20250331.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-048519

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer