secwatch.observer — SEC 8-K summary
======================================

Issuer:     SURF AIR MOBILITY INC. (SRFM)
CIK:        0001936224
Form:       8-K
Filed at:   2026-04-21T23:59:59+00:00
Accession:  0001193125-26-167205
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Surf Air Mobility raises $15M in registered direct equity offering at $1.10/share
--------------------------------------------------------------------------------

- Gross proceeds ~$15M from sale of 13,318,181 shares to LamVen LLC and another institutional investor at $1.10/share.
- Directors and officers purchase additional 257,353 shares at $1.36/share (closing price on April 17, 2026).
- Offering closed April 21, 2026; shares issued under effective shelf registration (Form S-3).
- Post-closing share count to be at least 97,891,511, a ~16% increase from 84,315,976 outstanding pre-offering.
- 30-day lock-up restricting further equity issuances or registration statements after closing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1936224/000119312526167205/0001193125-26-167205-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1936224/000119312526167205/srfm-20260420.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-167205

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