Company: SRFM
Filing Date: 2025-11-10
Form Type: 424B5
Source: 0001193125-25-273369
Chunk: 15

Company: SURF AIR MOBILITY INC.
Filing Date: 2025-11-10
Form: 424B5
Chunk 15
---
 events or circumstances after the date of this prospectus supplement or to reflect the occurrence of unanticipated events. We may not actually achieve the plans, intentions or expectations disclosed in our forward-looking statements, and you should not place undue reliance on our forward-looking statements. Our forward-looking statements do not reflect the potential impact of any future acquisitions, mergers, dispositions, joint ventures or investments.

<div align='center'>S-11

DESCRIPTION OF SECURITIES WE ARE OFFERING</div>

We are offering shares of our common stock and warrants. The following description of our common stock and warrants summarizes the material terms and provisions thereof, including the material terms of the common stock and warrants we are offering under this prospectus supplement and the accompanying prospectus.

Common Stock

See “Description of Securities” on page 21 of the accompanying prospectus for a description of the material terms of our common stock.

Warrants

The following summary of certain terms and provisions of the warrants that are being offered hereby is not complete and is subject to, and qualified in its entirety by, the provisions of the warrants, the form of which will be filed as an exhibit to our Current Report on Form 8-K related to these offerings. Prospective investors should carefully review the terms and provisions of the form of warrant for a complete description of the terms and conditions of the warrants.

Duration and Exercise Price. Each warrant offered hereby has an initial exercise price per share equal to $ . The warrants are immediately exercisable and may be exercised at any time until the warrants are exercised in full. The exercise price and number of shares of common stock issuable upon exercise is subject to appropriate adjustment in the event of stock dividends, stock splits, reorganizations or similar events affecting our common stock and the exercise price. The warrants will be issued in registered certificated form only.

Exercisability. The warrants are exercisable, at the option of each holder, in whole or in part, by delivering to us a duly executed exercise notice. A holder (together with its affiliates) may not exercise any portion of the warrant to the extent that the holder would own more than 9.99% of the outstanding common stock immediately after giving effect to the issuance of the warrant shares issuable upon exercise of the warrant (the “Beneficial Ownership Limitation”). Payment in full for the number of shares of our common stock purchased upon such exercise (except in the case of a cashless exercise as discussed below) is due the day following exercise. No fractional shares of common stock will