# SURF AIR MOBILITY INC. (SRFM) — capital_raise [pending]
Source: SEC API (secapi.ai) · situation sit_cb58c1a503cc70d1b622 · retrieved 2026-08-14T01:29:21.474Z

## Overview
Surf Air Mobility Inc. is an air transportation company providing nonscheduled air services.

Surf Air Mobility Inc. entered into a Secured Purchase Agreement on June 30, 2026 with purchasers to issue Senior Secured Debentures with an aggregate face amount of $21.6 million. The initial tranche of approximately $7 million was issued on June 30, 2026, with the remaining balance of approximately $14 million subject to closing conditions. The closing conditions were satisfied on August 10, 2026, completing the second tranche. The company will use net proceeds for general working capital purposes.

## Terms
- Counterparty: Purchasers (institutional investors) · Deal value: $21.6M · Consideration: cash

## Key dates
- Announced 2026-08-11

## Timeline
- 2026-08-11 · 8-K (0001193125-26-343559): 8-K - SURF AIR MOBILITY INC. — *Surf Air Mobility Inc. is an air transportation company providing nonscheduled air services.* Surf Air Mobility Inc. entered into a Secured Purchase Agreement on June 30, 2026 with purchasers to issue Senior Secured Debentures with an aggregate face amount of $21.6 million. The initial tranche of approximately $7 million was issued on June 30, 2026, with the remaining balance of approximately $14 million subject to closing conditions. The closing conditions were satisfied on August 10, 2026, completing the second tranche. The company will use net proceeds for general working capital purposes.
  https://www.sec.gov/Archives/edgar/data/1936224/0001193125-26-343559.txt

## Citations
- 0001193125-26-343559 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526343559