Surf Air Mobility Raises $15M in Equity and Secures $15M Loan
Surf Air Mobility (SRFM) has raised $15 million through an equity offering and secured a $15 million loan. The company is issuing 13.3 million shares at $1.10 each, with insiders purchasing additional shares at a higher price. The stock price has declined following the announcement.
Tickers: $SRFM
Topics: equity offering institutional investors registered direct offering share issuance