Surf Air Mobility raises ~$27M in registered direct offering of 10.8M shares at $2.50

SURF AIR MOBILITY INC.

Sold 10,800,002 shares of common stock at $2.50 per share, plus pre-funded warrants for 926,668 shares at $2.4999.
Gross proceeds of approximately $27M; offering closed on June 26, 2025.
Shares outstanding post-offering: 34,404,745 (excluding pre-funded warrant exercise).
Issued 540,000 placement agent warrants to H.C. Wainwright at $3.125 per share, exercisable for 5 years.
Lock-up agreement: Company cannot issue additional shares for 60 days after closing.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.