Company: SRFM
Filing Date: 2025-11-24
Form Type: 424B5
Source: 0001193125-25-293741
Chunk: 2

Company: SURF AIR MOBILITY INC.
Filing Date: 2025-11-24
Form: 424B5
Chunk 2
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 that such reductions are achievable by the end of the decade. Additionally, we believe operating as a publicly traded company and having efficient access to growth capital will allow us to accelerate the implementation of our strategic plan.

Our Corporate Information

We were originally founded in 2011 and incorporated in 2021 in Delaware. Our principal executive offices are located at 12111 S. Crenshaw Blvd., Hawthorne, CA 90250, and our telephone number is (424) 332-5480. Our website address is www.surfair.com. Information contained on or accessible through our website is not a part of this prospectus supplement, and the inclusion of our website address in this prospectus supplement is an inactive textual reference only.

We currently qualify as an “emerging growth company” under the JOBS Act. Accordingly, we have elected to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. Our utilization of these transition periods may make it difficult to compare our financial statements to those of non-emerging growth companies and other emerging growth companies that have opted out of the transition periods afforded under the JOBS Act.

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| THE OFFERINGS                                               |                                                                                                                                                                                                                                                                                                                                             |
| Common stock issuable upon the exercise of the warrants:    | 3,957,901 shares of common stock.                                                                                                                                                                                                                                                                                                           |
| Common stock outstanding prior to exercise of all warrants: | •2,392,914 shares of common stock issuable upon exercise of stock options outstanding as of November 20, 2025, pursuant to the Surf Air Global Limited 2016 Equity Incentive Plan (the “2016 Plan”) and the Surf Air Mobility Inc. 2023 Equity Incentive Plan (the “2023 Plan”), with a weighted average exercise price of $8.25 per share; 
 •2,373,247 shares of common stock underlying restricted stock units and performance-based restricted stock units outstanding as of November 20, 2025, pursuant to the 2016 Plan and the 2023 Plan, with a weighted average grant date fair value of $2.80 per share;                                                                        
 •747 shares of common stock issuable upon exercise of preferred share warrants outstanding as of November 20, 2025, with a weighted average exercise price of $267.61;                                                                                                                                                                      
 •114,285 shares of common stock reserved for issuance under the