Corporate ActionJun 26, 2026, 04:33 PM
Surf Air Mobility Issues 4.76M Shares to Palantir for Services
AI Summary
Surf Air Mobility Inc. filed a prospectus supplement to register the issuance of 4,761,905 shares of its common stock. These shares were provided to Palantir Technologies Inc. as consideration for license fees and related professional services under an existing software license agreement. Additionally, the company filed a Current Report on Form 8-K to include a legal opinion from its counsel, Gibson, Dunn & Crutcher LLP, which is incorporated by reference into the registration statement.
Key Highlights
- Surf Air Mobility Inc. issued 4,761,905 shares of common stock.
- Shares were issued as consideration for license fees and professional services.
- The recipient of the shares was Palantir Technologies Inc.
- The issuance was registered via a prospectus supplement to a Form S-3 registration statement.
- The company also filed a legal opinion from Gibson, Dunn & Crutcher LLP.
Price Impact
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