NYSE - Nasdaq Real Time Price • USD Surf Air Mobility Inc. (SRFM) Follow Compare 3.9601 +0.0501 +(1.28%) As of 11:52:47 AM EST. Market Open. All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations 1 " Outperform" Penny Stock to Buy with 170% Upside Potential Surf Air Mobility (SRFM): A Penny Stock Poised for 170% Growth Surf Air Mobility Announces Open Market Purchases of Company Stock by Board Members LOS ANGELES, December 27, 2024--Surf Air Mobility Inc. (NYSE: SRFM) ("the Company","Surf Air"), a leading regional air mobility platform, announced that Chairman of the Board, Carl Albert, and Co-Founder and Member of the Board, Sudhin Shahani, purchased 14,500 shares and 17,237 shares, respectively, of the Company’s common stock, for an aggregate purchase price of approximately $110,000, in open market transactions. Surf Air Mobility Appoints David Anderman to Board of Directors LOS ANGELES, December 19, 2024--Surf Air Mobility Inc. (NYSE: SRFM) ("the Company","Surf Air"), a leading regional air mobility platform, announced the appointment of David Anderman to the Company’s board of directors effective December 17, 2024. Mr. Anderman served as Chief Legal Officer of Surf Air from June 2023 to May 2024. Surf Air Mobility Announces Approximately 90% Reduction to Contemplated Future Equity Dilution LOS ANGELES, December 12, 2024--Surf Air Mobility Inc. (NYSE: SRFM) (the "Company" or "Surf Air"), a leading regional air mobility platform, announced today that it anticipates reducing potential future equity dilution by approximately 90%. As part of its new financing strategy, with increased reliance on debt versus equity financing, the Company plans to amend the registration statement associated with its share subscription facility with GEM Global Yield LLC ("GEM"). The anticipated amendment, Deanna White Appointed as Surf Air Mobility’s Chief Executive Officer LOS ANGELES, December 10, 2024--Surf Air Mobility Inc. (NYSE: SRFM) ("the Company", "Surf Air"), a leading regional air mobility platform, announced today it has appointed Deanna White to the position of Chief Executive Officer & Chief Operating Officer, after having served as the Company’s Interim CEO & COO since May 2024. Ms. White also previously served as Surf Air Mobility’s Chief Financial Officer from May 2022 to December 2023. Surf Air Mobility Accepts Delivery of Initial Four Cessna Grand Caravan EX Aircraft in Fleet Order from Textron Aviation LOS ANGELES, December 05, 2024--Surf Air Mobility Inc. (NYSE: SRFM) ("Surf Air"), a leading regional air mobility platform, announced today it has taken delivery of four Cessna Grand Caravan EX turboprop aircraft from Textron Aviation. These four aircraft are the first deliveries of Surf Air’s previously announced fleet order with Textron Aviation. Surf Air is financing two of these aircraft through operating leases with ITC-AeroLeasing, Inc., an existing aircraft financing partner for Surf Air Surf Air Mobility Unveils Four-Phase Transformation Plan and Updated Investor Presentation LOS ANGELES, November 21, 2024--Surf Air Mobility Inc. (NYSE: SRFM) ("the Company","Surf Air"), a leading regional air mobility platform, announced last week its four-phase Transformation Plan and a $50 million term loan that positions the Company to achieve profitability in its airline operations. Surf Air Mobility Inc. (SRFM) Reports Q3 Loss, Tops Revenue Estimates Surf Air Mobility Inc. (SRFM) delivered earnings and revenue surprises of 10.48% and 8.30%, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock? Surf Air Mobility Reports Third Quarter Financial Results, Exceeding Revenue and Adjusted EBITDA Expectations LOS ANGELES, November 14, 2024--Surf Air Mobility Inc. (NYSE: SRFM) (the "Company"), a leading regional air mobility platform, today reported financial results for the third quarter ended September 30, 2024. Surf Air Mobility Secures $50 Million Financing to Fund Transformation Plan and Path to Profitability LOS ANGELES, November 14, 2024--Surf Air Mobility Inc. (NYSE: SRFM) ("the Company"), a leading regional air mobility platform, today announced the closing and funding of its new Senior Secured Term Loan from Comvest Partners, a multi-billion-dollar investment management firm. The new facility is comprised of (i) a $44.5 million term loan, which was fully funded today, and (ii) a $5.5 million delayed draw term loan to be used for interest payments over the first 18 months. Surf Air Mobility to Announce Third Quarter 2024 Financial Results on November 14, 2024 LOS ANGELES, October 31, 2024--Surf Air Mobility Inc. (NYSE: SRFM), a leading regional air mobility platform, today announced that it will release its third quarter 2024 financial results after market close on Thursday, November 14, 2024, and will host a webcast at 5:00 pm ET the same day. Alaska Air Group (ALK) Tops Q3 Earnings and Revenue Estimates Alaska Air (ALK) delivered earnings and revenue surprises of 2.27% and 2.84%, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock? Southwest Airlines (LUV) Q3 Earnings and Revenues Beat Estimates Southwest (LUV) delivered earnings and revenue surprises of 200% and 1.08%, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock? Surf Air Mobility Announces NYSE Acceptance of Plan to Regain Listing Compliance LOS ANGELES, August 21, 2024--Surf Air Mobility Inc. (NYSE: SRFM), a leading regional air mobility platform, today announced that it received an Acceptance Letter from the NYSE’s Listings Operations Committee, dated August 20, 2024, stating that the NYSE has accepted the Company’s previously submitted plan to regain compliance with the NYSE’s listing standards. In the Acceptance Letter, the NYSE confirmed that the Company has until November 20, 2025 to regain compliance with the continued listin Upcoming Stock Splits This Week (August 19 to August 23) – Stay Invested These are the upcoming stock splits for the week of August 19 to August 23, based on TipRanks’ Stock Splits Calendar. A stock split is a corporate action in which the company issues additional common shares to increase the number of outstanding shares. Accordingly, the stock price of the company’s shares decreases, which maintains the market capitalization before and after the split. In contrast, there are also reverse stock splits that reduce the number of outstanding shares (consolidate). In t Surf Air Mobility Inc. (SRFM) Reports Q2 Loss, Tops Revenue Estimates Surf Air Mobility Inc. (SRFM) delivered earnings and revenue surprises of -40% and 7.35%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock? Surf Air Mobility Reports Second Quarter Financial Results, Exceeding Expectations LOS ANGELES, August 14, 2024--Surf Air Mobility Inc. (NYSE: SRFM), a leading regional air mobility platform, today reported financial results for the second quarter ended June 30, 2024. Surf Air Mobility Announces Plan to Form New Venture, Surf Air Technologies LLC, and Enters Agreement with Palantir Technologies Inc. to Power Operating System for the Advanced Air Mobility Industry LOS ANGELES, August 13, 2024--Surf Air Mobility (NYSE: SRFM) ("Surf Air Mobility", "Surf Air"), a leading regional air mobility platform, has announced that it intends to form Surf Air Technologies LLC ("Surf Air Technologies"), a new venture that will develop, market, and sell AI-powered software tools to create a category-defining operating system for the advanced air mobility industry. Surf Air Technologies’ core platform, "SurfOS", will be powered by Palantir Technologies (NYSE: PLTR) ("Pala Surf Air Mobility Announces Terms of Reverse Stock Split LOS ANGELES, August 09, 2024--Surf Air Mobility Inc. (NYSE: SRFM) ("Surf Air Mobility," "we," or "the Company") announced today the terms of the Company’s previously disclosed reverse stock split (the "Reverse Split"). Surf Air Mobility Announces Closing of $35.2 Million Mandatory Convertible Security with GEM Global Yield LLC LOS ANGELES, August 09, 2024--Surf Air Mobility Inc. (NYSE: SRFM) (the "Company"), a leading regional air mobility platform, today announced that it closed the previously announced issuance and sale to GEM of a mandatory convertible security (the "Security"). The Security has a par amount of $35.2 million and is convertible into a maximum of 8,000,000 shares of the Company’s common stock. Performance Overview Trailing total returns as of 1/22/2025, which may include dividends or other distributions. Benchmark is S&P 500 Return SRFM S&P 500 YTD -34.11% +3.26% 1-Year -55.45% +26.03% 3-Year -88.69% +38.69%