Surf Air Mobility Inc.
the California-based electric aviation and air travel company pursuing an initial public offering without the traditional book-building process, said it expects its stock to start trading on the New York Stock Exchange, under the ticker symbol “ ” on July 24. The company had disclosed last week the registration for sale of of 114.39 million shares, up from the registration of 38.14 million shares that was disclosed on June 22. The company said while no public market has existed prior to the IPO, its capital stock has been exchanged in private transactions at a price of $11.86 per... Surf Air Mobility Inc.
the California-based electric aviation and air travel company pursuing an initial public offering without the traditional book-building process, said it expects its stock to start trading on the New York Stock Exchange, under the ticker symbol “ ” on July 24. The company had disclosed last week the registration for sale of of 114.39 million shares, up from the registration of 38.14 million shares that was disclosed on June 22. The company said while no public market has existed prior to the IPO, its capital stock has been exchanged in private transactions at a price of $11.86 per share in 2023, through June 20. At that price, the shares registered could be valued at $1.36 billion.