Surf Air Mobility announced the issuance of 4,644,922 shares of its common stock to Palantir Technologies Inc. The shares serve as consideration for license fees and professional services rendered by Palantir under an existing software license agreement.
Key Details
- Share Issuance: 4,644,922 shares of common stock were issued to Palantir Technologies Inc.
- Purpose: The issuance covers payments for software license fees and related professional services.
- Regulatory Action: The company filed a prospectus supplement to its Form S-3 registration statement (File No. 333-291485) to register the shares.