SRFM$0.735+3.66%
Surf Air Mobility Inc.
Sector: Air Transportation, NonscheduledIndustry: Airlines, Airports & Air ServicesCountry: USExchange: NYSE
Mkt Cap:$97.64M
Float & O/S:
Inst Own:
DilutionScan read 31 of SURF AIR MOBILITY INC.'s SEC filings and found 14 warrant series, 8 convertibles, 1 equity line, 6 shelf registrations, 1 S-1 registration and 6 completed offerings on file for SRFM. The latest dilution event on file is a registration statement on Aug 21, 2026. Analysis updated Oct 7, 2026.
Signal8 Summary
SRFM
Going-concern warning with negative cash runway
Snapshot
Surf Air Mobility is a small, unprofitable air travel company in significant financial distress. FY 2025 revenue fell 11% to $106.6M, and the business lost $110.6M with a very thin gross margin of 3.9%.
What's Happening Right Now
- : Surf Air refinanced its debt to cut convertible principal by 64% and reduce monthly amortization payments from $4M to $2M.
- : Surf Air issued 4.76 million shares to Palantir Technologies to settle approximately $5 million in software licensing fees.
- : Wheels Up signed on as the launch customer for Surf Air's Enterprise BrokerOS software in a deal worth up to $12.2 million.
- : The company is seeking stockholder approval for a reverse stock split between 2:1 and 6:1 to maintain its NYSE listing.
