Surf Air Mobility (SRFM) Announces 1:7 Reverse Share Split
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Surf Air Mobility Announces Terms of Reverse Stock Split
August 9, 2024 5:00 PM EDTLOS ANGELES--(BUSINESS WIRE)-- Surf Air Mobility Inc. (NYSE: SRFM) (Surf Air Mobility, we, or the Company) announced today the terms of the Companys previously disclosed reverse stock split (the Reverse Split).
Authorization for the Reverse Split was approved by stockholders at Surf Air Mobilitys Annual Meeting on June 25, 2024. On August 8, 2024, the Board of Directors selected a Reverse Split ratio of 1-for-7 shares (the Split Ratio) pursuant to the authorization approved by stockholders. The Reverse Split will be effective at 12:01 am Eastern Time on August 19, 2024 for all outstanding shares of Surf Air Mobilitys common... More
