Company: SRFM
Filing Date: 2025-11-10
Form Type: 424B5
Source: 0001193125-25-273369
Chunk: 26

Company: SURF AIR MOBILITY INC.
Filing Date: 2025-11-10
Form: 424B5
Chunk 26
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. The Reimbursement

<div align='center'>S-19</div>

Agreement contains certain representations and warranties, covenants and events of default.As consideration for Park Lane’s commitment to provide credit support for the Letter of Credit over a three year period, the Company will issue 2,025,000 shares of the Company’s common stock to Park Lane.

<div align='center'>S-20</div>

PLAN OF DISTRIBUTION

Registered Direct Offering

We have entered into securities purchase agreements in connection with the Registered Direct Offering.

We expect to deliver the shares of common stock and the accompanying warrants being offered pursuant to this prospectus supplement on or about November , 2025, subject to satisfaction of customary closing conditions.

Pursuant to the terms of the applicable securities purchase agreement, until the date on which the Notes no longer remain outstanding, upon any issuance, sale or exchange by the Company or any of its subsidiaries of any securities in a financing or other offering (each, a “Subsequent Placement”), the Notes Investor will have the right to participate in such Subsequent Placement up to an aggregate of 50% of the securities being offered on the same terms, conditions and price provided for in the Subsequent Placement.

We and our directors and officers have agreed, subject to limited exceptions, for a period of 90 calendar days after the effectiveness date of the registration statement registering the resale of the securities offered in the Concurrent Offerings, not to directly or indirectly issue, offer, sell, grant any option or right to purchase, or otherwise dispose of (or register, amend or supplement any outstanding registration statements or, except in limited circumstances, file any shelf registration statements, or any amendments or supplements thereto), or announce any issuance, offer, sale, grant of any option or right to purchase or other disposition of any equity security or any equity-linked or related security; provided, that such restrictions shall not apply to issuances under certain equity compensation plans and issuances of common stock pursuant to an equity line of credit approved by the holder.

In addition, so long as the Notes or any warrants remain outstanding, we have agreednot to effect or enter into an agreement directly or indirectly to effect any transaction in which we (i) issue or sell any convertible securities at a conversion, exercise or exchange rate or other price that may vary or reset after initial issuance of such convertible securities or (ii) enter into an agreement whereby we may sell securities at a future determined price, subject to certain exceptions.

The securities purchase agreements contains customary representations,