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Surf Air Mobility Inc. - $SRFM STOCK NEWS

Welcome to our dedicated page for Surf Air Mobility news (Ticker: $SRFM), a resource for investors and traders seeking the latest updates and insights on Surf Air Mobility stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Surf Air Mobility's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Surf Air Mobility's position in the market.

News
Surf Air Mobility Confirms Order for 100 Aircraft and Exclusive Relationship with Textron Aviation to Support Surf Air Mobility’s Development of an Electrified Cessna Grand Caravan EX
Rhea-AI Summary
Surf Air Mobility confirms initial fleet order of 100 Cessna Grand Caravan EX aircraft with deliveries starting in 2024. Collaboration with Textron Aviation accelerates development of electric and hybrid-electric aircraft. Planned benefits include reducing operating costs by 25-50% and carbon emissions by up to 50-100%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.82%
Tags
none
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News
Surf Air Mobility Publishes Updated Investor Presentation
Rhea-AI Summary
Surf Air Mobility (NYSE: SRFM) publishes investor presentation on its IR site.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.58%
Tags
none
-
News
Surf Air Mobility Publicly Files Form S-1 Registration Statement Related to Previously Announced Funding from Gem Global Yield LLC SCS
Rhea-AI Summary
Surf Air Mobility files Form S-1 registration statement with the SEC to register up to 25.0 million shares for share subscription facility with GGY. Maximum aggregate purchase price of $400 million. Can request advances of up to $25 million each, totaling $100 million. Shares not utilized now will be available for future advances aligned with business growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.44%
Tags
none
News
Surf Air Mobility Co-Founder Sudhin Shahani and Chairman Carl Albert Purchase SRFM Shares in the Open Market
Rhea-AI Summary
Surf Air Mobility co-founder and chairman purchase shares in open market transaction, re-affirming commitment to the company.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.03%
Tags
none
-
News
Surf Air Mobility Files Its Second Quarter Results via Quarterly Report on Form 10-Q and Current Report on Form 8-K
Rhea-AI Summary
Surf Air Mobility files Quarterly Report on Form 10-Q and Current Report on Form 8-K, provides pro forma financial results. Q2 2023 revenue: $6.2M for Surf Air and $22.4M for Southern. Pro forma revenue for Q2 2023: $28.3M, up 17.5% YoY. Pro forma gross profit: $3.6M, up 44.3% YoY. Pro forma operating loss: $(15.1)M. Non-GAAP Adjusted EBITDA: $(7.8)M. 1H23 revenue: $11.7M for Surf Air and $45.1M for Southern. Pro forma revenue for 1H23: $56.3M, up 23.4% YoY. Pro forma gross profit: $6.6M, up 20.1% YoY. Pro forma operating loss: $(29.6)M. Non-GAAP Adjusted EBITDA: $(18.2)M. Full year 2023 guidance: GAAP revenue: $54.5M to $59.5M. Non-GAAP revenue: $107.5M to $112.5M, up 6.9% - 11.8% YoY. Non-GAAP Adjusted EBITDA: $(46.3)M to $(56.3)M.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.34%
Tags
earnings
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News
Surf Air Mobility Has Filed to Shorten Its Form S-1 Registration Period
Rhea-AI Summary
Surf Air Mobility Inc. files post-effective amendment to shorten registration period, locking up affiliate shares. Affiliate shares remain unsold and will not be freely tradeable until a new registration statement is filed or they become eligible for an exemption. Offering will be terminated upon the effectiveness of the amendment.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.1%
Tags
none
News
Surf Air Mobility to Present to the Investment Community at Upcoming Investor Conference
Rhea-AI Summary
Surf Air Mobility Inc. (NYSE: SRFM) will attend the Piper Sandler Growth Frontiers Conference on September 13, 2023, in Nashville. Members of senior management will host one-on-one and small group investor meetings.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.69%
Tags
conferences
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News
Surf Air Mobility Reports Second Quarter Results and Provides Guidance Following Recent Direct Listing on NYSE
Rhea-AI Summary
Surf Air Mobility announces 2Q23 results and outlook for full year 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-17.48%
Tags
earnings
-
News
Surf Air to Shorten Form S-1 Registration Period, Enabling Broader Investor Outreach and Effectively Locking Up Affiliate Shares
Rhea-AI Summary
Surf Air Mobility shortens Form S-1 registration period for resales to September 1, 2023. Affiliates and insiders face extended restricted period for up to 7M shares until January 2024. Shares registered on Form S-1 will no longer be resold using the form. Affiliates believe in long-term value of stock.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-17.48%
Tags
none
News
Surf Air Mobility to Provide Second Quarter 2023 Financial Results and Full Year 2023 Outlook on August 16, 2023
Rhea-AI Summary
Surf Air Mobility Inc. (NYSE: SRFM) to Release Q2 2023 Financial Results and Full Year Outlook on August 16, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.81%
Tags
earnings
Stock SRFM logo
Surf Air Mobility Inc.

NYSE:SRFM

SRFM Rankings

#4996 Ranked by Market Cap
#4712 Ranked by Stock Gains
N/A Ranked by Dividends

SRFM Stock Data

32.37M
57.63M
22.91%
16.11%
1.7%
Scheduled Passenger Air Transportation
Transportation and Warehousing
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United States of America
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