{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-077496","form_type":"8-K","ticker":"SRFM","cik":"0001936224","company_name":"SURF AIR MOBILITY INC.","filed_at":"2023-09-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.093171+00:00","generated_at":"2026-06-10T14:01:22.616148+00:00","sec_items":["1.01","3.02","7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Surf Air Mobility amends $400M GEM share facility; first draw $7.5M, aggregate $100M","bullets":["Amendment No. 4 sets first draw down at up to $7.5M; subsequent draws up to $25M each, aggregate $100M.","Commitment fee of 4 million shares payable with first draw down; shares exempt from registration under Section 4(a)(2).","Third Amendment to Textron data license: $25M initiation fee due in four installments starting Sep 29, 2023 through Jun 28, 2024.","Publicly filed S-1 registration for up to 25 million shares to satisfy conditions of share subscription facility.","Maximum aggregate facility size remains $400 million over specified term; facility is at Company's option."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-077496","json":"https://secwatch.observer/filing/0001213900-23-077496.json","markdown":"https://secwatch.observer/filing/0001213900-23-077496.md","text":"https://secwatch.observer/filing/0001213900-23-077496.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1936224/000121390023077496/0001213900-23-077496-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1936224/000121390023077496/ea185337-8k_surfair.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T14:01:22.616148+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"51a3be2691631e0f65157f9bc471dd374b846be1","claim":"SURF AIR MOBILITY INC. amended Amendment No. 4 to the Amended and Restated Share Purchase Agreement with GEM Global Yield LLC SCS and GEM Yield Bahamas Limited (effective 2023-09-18).","evidence_excerpt":"On September 18, 2023, the Parties entered into that certain Amendment No. 4 to the Amended and Restated Share Purchase Agreement (“ Amendment No. 4 ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1936224/000121390023077496/0001213900-23-077496-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"GEM Global Yield LLC SCS and GEM Yield Bahamas Limited"},{"label":"Effective","value":"2023-09-18"}],"fact_type":"material_agreement"},{"claim_id":"fac65ceb9f8b4ef8c53b8b13d29523a0e1082244","claim":"SURF AIR MOBILITY INC. amended Third Amendment to Data License Agreement with Textron Aviation Inc. and Textron Innovations Inc. valued at $25 million will be due in four installments (effective 2023-09-18).","evidence_excerpt":"the Company, Textron Aviation Inc. and Textron Innovations Inc. entered into a Third Amendment to Data License Agreement (the “ Third Amendment ”), that amends that certain data license agreement entered into on September 15, 2022 (the “ DLA ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1936224/000121390023077496/0001213900-23-077496-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"license"},{"label":"Counterparty","value":"Textron Aviation Inc. and Textron Innovations Inc."},{"label":"Value","value":"$25 million will be due in four installments"},{"label":"Effective","value":"2023-09-18"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}