Surf Air Mobility completes $14M second tranche of secured debentures

SURF AIR MOBILITY INC.

Second tranche of $14M issued Aug 10, 2026; total $21.6M secured debentures outstanding.
Proceeds used for general working capital purposes.
Debentures now subject to Subordination and Intercreditor Agreement dated Aug 10, 2026.
Initial $7M debenture issued June 30, 2026; closing conditions satisfied.

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