{"id":772941,"date":"2023-07-27T04:07:11","date_gmt":"2023-07-27T08:07:11","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/surf-air-mobility-announces-update-regarding-nyse-reference-price-and-common-stock-outstanding\/"},"modified":"2023-07-27T04:07:11","modified_gmt":"2023-07-27T08:07:11","slug":"surf-air-mobility-announces-update-regarding-nyse-reference-price-and-common-stock-outstanding","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/surf-air-mobility-announces-update-regarding-nyse-reference-price-and-common-stock-outstanding\/","title":{"rendered":"Surf Air Mobility Announces Update Regarding NYSE Reference Price and Common Stock Outstanding"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwalignr { text-align: right; list-style-position: inside }\n.bwblockalignl { margin-left: 0px; margin-right: auto }\n.bwcellpmargin { margin-bottom: 0px; margin-top: 0px }\n.bwmarginl1 { margin-left: 30px }\n.bwnowrap { white-space: nowrap }\n.bwpadl0 { padding-left: 0px }\n.bwpadl2 { padding-left: 10px }\n.bwpadr0 { padding-right: 0px }\n.bwsinglebottom { border-bottom: solid black 1pt }\n.bwtablemarginb { margin-bottom: 10px }\n.bwvertalignb { vertical-align: bottom }\n.bwvertalignt { vertical-align: top }\n.bwwidth100 { width: 100% }\n.bwwidth4 { width: 4% }\n.bwwidth42 { width: 42% }\n.bwwidth43 { width: 43% }\n.bwwidth8 { width: 8% }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Surf Air Mobility Announces Update Regarding NYSE Reference Price and Common Stock Outstanding<\/b><\/p>\n<p>LOS ANGELES&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nSurf Air Mobility Inc. (\u201cSurf Air Mobility\u201d or \u201cSAM\u201d), a regional air travel company aiming to sustainably connect the world\u2019s communities, today announced that a reference price of $20.00 per share of Common Stock has been established by the New York Stock Exchange (the \u201cNYSE\u201d) for the expected listing of SAM\u2019s Common Stock on the NYSE on Thursday, July 27, 2023. The number of shares of SAM\u2019s Common Stock outstanding upon listing will depend on the actual opening trading price per share on the listing date. Assuming that the opening trading price per share on the listing date equals the reference price of $20.00, SAM would have approximately 49.8 million shares of Common Stock outstanding upon listing.<sup>1<\/sup> The reference price is not an offering price. The opening trading price will be determined by buy and sell orders collected by the NYSE from broker-dealers. The reference price may differ materially from the actual opening trading price per share on the NYSE.<\/p>\n<p>\nFor illustrative purposes only, the table below shows the total number of shares of Common Stock expected to be outstanding at various opening trading prices.<\/p>\n<table cellspacing=\"0\" class=\"bwwidth100 bwtablemarginb bwblockalignl\">\n<tr>\n<td class=\"bwwidth4 bwvertalignt bwsinglebottom bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\n\u00a0<\/p>\n<\/td>\n<td class=\"bwwidth42 bwvertalignt bwsinglebottom bwpadl0 bwnowrap\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\"><b>Assumed<br \/>\n<br \/>Opening<br \/>\n<br \/>Price<br \/>\n<br \/>($)<\/b><\/p>\n<\/td>\n<td class=\"bwwidth8 bwvertalignt bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\n\u00a0<\/p>\n<\/td>\n<td class=\"bwwidth43 bwvertalignt bwsinglebottom bwpadl0 bwnowrap\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\"><b>Total Shares of<br \/>\n<br \/>Common Stock<br \/>\n<br \/>Outstanding <sup>1<\/sup><\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwwidth4 bwvertalignt bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\"><b>$<\/b><\/p>\n<\/td>\n<td class=\"bwwidth42 bwvertalignb bwpadr0 bwpadl2\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\"><b>1.00<\/b><\/p>\n<\/td>\n<td class=\"bwwidth8 bwvertalignt bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\n\u00a0<\/p>\n<\/td>\n<td class=\"bwwidth43 bwvertalignb bwpadl0 bwpadr0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n315,337,696<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwwidth4 bwvertalignt bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\"><b>$<\/b><\/p>\n<\/td>\n<td class=\"bwwidth42 bwvertalignb bwpadr0 bwpadl2\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\"><b>5.00<\/b><\/p>\n<\/td>\n<td class=\"bwwidth8 bwvertalignt bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\n\u00a0<\/p>\n<\/td>\n<td class=\"bwwidth43 bwvertalignb bwpadl0 bwpadr0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n91,927,374<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwwidth4 bwvertalignt bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\"><b>$<\/b><\/p>\n<\/td>\n<td class=\"bwwidth42 bwvertalignb bwpadr0 bwpadl2\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\"><b>15.00<\/b><\/p>\n<\/td>\n<td class=\"bwwidth8 bwvertalignt bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\n\u00a0<\/p>\n<\/td>\n<td class=\"bwwidth43 bwvertalignb bwpadl0 bwpadr0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n54,692,321<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwwidth4 bwvertalignt bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\"><b>$<\/b><\/p>\n<\/td>\n<td class=\"bwwidth42 bwvertalignb bwpadr0 bwpadl2\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\"><b>25.00<\/b><\/p>\n<\/td>\n<td class=\"bwwidth8 bwvertalignt bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\n\u00a0<\/p>\n<\/td>\n<td class=\"bwwidth43 bwvertalignb bwpadl0 bwpadr0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n48,995,310<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwwidth4 bwvertalignt bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\"><b>$<\/b><\/p>\n<\/td>\n<td class=\"bwwidth42 bwvertalignb bwpadr0 bwpadl2\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\"><b>35.00<\/b><\/p>\n<\/td>\n<td class=\"bwwidth8 bwvertalignt bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\n\u00a0<\/p>\n<\/td>\n<td class=\"bwwidth43 bwvertalignb bwpadl0 bwpadr0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n46,732,305<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwwidth4 bwvertalignt bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\"><b>$<\/b><\/p>\n<\/td>\n<td class=\"bwwidth42 bwvertalignb bwpadr0 bwpadl2\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin bwmarginl1\"><b>45.00<\/b><\/p>\n<\/td>\n<td class=\"bwwidth8 bwvertalignt bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\n\u00a0<\/p>\n<\/td>\n<td class=\"bwwidth43 bwvertalignb bwpadl0 bwpadr0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n45,475,081<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwpadl0\" colspan=\"4\" rowspan=\"1\">__________________________<\/td>\n<\/tr>\n<tr>\n<td class=\"bwpadl0\" colspan=\"4\" rowspan=\"1\">\n<p class=\"bwcellpmargin\"><sup>1<\/sup> Includes estimated shares of Common Stock to be issued in a future financing based on the reference price or assumed opening price, as applicable (the \u201cfinancing shares\u201d). The number of shares of Common Stock to be issued in such financing will be based on the trading prices of the shares at the time of the financing. For illustrative purposes only, excluding the issuance of such financing shares, the number of shares of Common Stock expected to be outstanding at the reference price would be approximately 45.4 million shares, at an assumed opening price of $45 per share would be approximately 43.0 million shares, at an assumed opening price of $35 per share would be approximately 43.6 million shares, at an assumed opening price of $25 per share would be approximately 44.6 million shares, at an assumed opening price of $15 per share would be approximately 47.3 million shares, at an assumed opening price of $5 per share would be approximately 69.7 million shares and at an assumed opening price of $1 per share would be approximately 204.2 million shares. This financing is referred to as the \u201cGEM Advance\u201d in the registration statement.<\/p>\n<\/td>\n<\/tr>\n<\/table>\n<p>\nThe Company has filed a registration statement on Forms S-1 and S-4 relating to these securities with the Securities and Exchange Commission, and such registration statement was declared effective on July 25, 2023. A copy of the prospectus related to the registration statement may be obtained by visiting EDGAR on the SEC website or via the investor relations page on Surf Air Mobility\u2019s website at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Finvestors.surfair.com&amp;esheet=53487845&amp;newsitemid=20230726174038&amp;lan=en-US&amp;anchor=https%3A%2F%2Finvestors.surfair.com&amp;index=1&amp;md5=18e4768958a8303f8b5c822b15beca6a\">https:\/\/investors.surfair.com<\/a> under the \u201cSEC Filings\u201d section.<\/p>\n<p><b>FORWARD LOOKING STATEMENTS<\/b><\/p>\n<p>\nThe information in this press release includes \u201cforward-looking statements\u201d. Forward-looking statements include, among other things, statements about: Surf Air Mobility\u2019s expectations regarding its ability to become a public company; Surf Air Mobility\u2019s ability to anticipate the future needs of the air mobility market; future trends in the aviation industry, generally; and Surf Air Mobility\u2019s future growth strategy and growth rate. In some cases, you can identify forward-looking statements by terminology such as \u201cmay\u201d, \u201cshould\u201d, \u201ccould\u201d, \u201cmight\u201d, \u201cplan\u201d, \u201cpossible\u201d, \u201cproject\u201d, \u201cstrive\u201d, \u201cbudget\u201d, \u201cforecast\u201d, \u201cexpect\u201d, \u201cintend\u201d, \u201cwill\u201d, \u201cestimate\u201d, \u201canticipate\u201d, \u201cbelieve\u201d, \u201cpredict\u201d, \u201cpotential\u201d or \u201ccontinue\u201d, or the negatives of these terms or variations of them or similar terminology. These forward-looking statements include, without limitation, statements regarding the satisfaction of required conditions for the listing of the Surf Air Mobility common stock. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: Surf Air Mobility\u2019s future ability to pay contractual obligations and liquidity will depend on operating performance, cash flow and ability to secure adequate financing; Surf Air Mobility\u2019s limited operating history and that Surf Air Mobility has not yet manufactured any hybrid-electric or fully-electric aircraft; the powertrain technology Surf Air Mobility plans to develop does not yet exist; the inability to maintain and strengthen Surf Air\u2019s brand and its reputation as a regional airline; any accidents or incidents involving hybrid-electric or fully-electric aircraft; the inability to accurately forecast demand for products and manage product inventory in an effective and efficient manner; the dependence on third-party partners and suppliers for the components and collaboration in Surf Air Mobility\u2019s development of hybrid-electric and fully-electric powertrains, and any interruptions, disagreements or delays with those partners and suppliers; the inability to execute business objectives and growth strategies successfully or sustain Surf Air Mobility\u2019s growth; the inability of Surf Air Mobility\u2019s customers to pay for Surf Air Mobility\u2019s services; the inability of Surf Air Mobility to obtain additional financing or access the capital markets to fund its ongoing operations on acceptable terms and conditions; the outcome of any legal proceedings that might be instituted against Surf Air, Southern or Surf Air Mobility; changes in applicable laws or regulations, and the impact of the regulatory environment and complexities with compliance related to such environment; and other risks and uncertainties indicated in the prospectus. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements. Although Surf Air Mobility believes that the expectations reflected in the forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. Surf Air Mobility cannot guarantee future results, level of activity, performance or achievements and there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking statements and financial projections. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Surf Air Mobility does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.<\/p>\n<p><b>ABOUT SURF AIR<\/b><\/p>\n<p>\nSurf Air Mobility is a Los Angeles-based electric aviation and air travel company expanding the category of regional air travel and reinventing flying through the power of electrification. Surf Air Mobility intends to develop powertrain technology with its commercial partners to electrify existing fleets, bringing electrified aircraft to market at scale in an effort to substantially reduce the cost and environmental impact of flying. The management team has deep experience and expertise across aviation, electrification, and consumer technology.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230726174038r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230726174038\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230726174038\/en\/<\/a><\/span><\/p>\n<p><b>For Press:<br \/>\n<\/b><br \/><a rel=\"nofollow\" href=\"mailto:press@surfair.com\">press@surfair.com<\/a><\/p>\n<p><b>For Investors:<br \/>\n<\/b><br \/><a rel=\"nofollow\" href=\"mailto:investors@surfair.com\">investors@surfair.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America California<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Environment Alternative Vehicles\/Fuels EV\/Electric Vehicles Automotive Air Transport Sustainability Alternative Energy Green Technology Energy<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230726174038\/en\/1852041\/3\/SurfAirMobility-Logo-Color.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Surf Air Mobility Announces Update Regarding NYSE Reference Price and Common Stock Outstanding LOS ANGELES&#8211;(BUSINESS WIRE)&#8211; Surf Air Mobility Inc. (\u201cSurf Air Mobility\u201d or \u201cSAM\u201d), a regional air travel company aiming to sustainably connect the world\u2019s communities, today announced that a reference price of $20.00 per share of Common Stock has been established by the New York Stock Exchange (the \u201cNYSE\u201d) for the expected listing of SAM\u2019s Common Stock on the NYSE on Thursday, July 27, 2023. The number of shares of SAM\u2019s Common Stock outstanding upon listing will depend on the actual opening trading price per share on the listing date. Assuming that the opening trading price per share on the listing date equals the reference price of $20.00, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/surf-air-mobility-announces-update-regarding-nyse-reference-price-and-common-stock-outstanding\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Surf Air Mobility Announces Update Regarding NYSE Reference Price and Common Stock Outstanding&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-772941","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Surf Air Mobility Announces Update Regarding NYSE Reference Price and Common Stock Outstanding - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/surf-air-mobility-announces-update-regarding-nyse-reference-price-and-common-stock-outstanding\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Surf Air Mobility Announces Update Regarding NYSE Reference Price and Common Stock Outstanding - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Surf Air Mobility Announces Update Regarding NYSE Reference Price and Common Stock Outstanding LOS ANGELES&#8211;(BUSINESS WIRE)&#8211; Surf Air Mobility Inc. (\u201cSurf Air Mobility\u201d or \u201cSAM\u201d), a regional air travel company aiming to sustainably connect the world\u2019s communities, today announced that a reference price of $20.00 per share of Common Stock has been established by the New York Stock Exchange (the \u201cNYSE\u201d) for the expected listing of SAM\u2019s Common Stock on the NYSE on Thursday, July 27, 2023. The number of shares of SAM\u2019s Common Stock outstanding upon listing will depend on the actual opening trading price per share on the listing date. Assuming that the opening trading price per share on the listing date equals the reference price of $20.00, &hellip; Continue reading &quot;Surf Air Mobility Announces Update Regarding NYSE Reference Price and Common Stock Outstanding&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/surf-air-mobility-announces-update-regarding-nyse-reference-price-and-common-stock-outstanding\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-27T08:07:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230726174038r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/surf-air-mobility-announces-update-regarding-nyse-reference-price-and-common-stock-outstanding\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/surf-air-mobility-announces-update-regarding-nyse-reference-price-and-common-stock-outstanding\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Surf Air Mobility Announces Update Regarding NYSE Reference Price and Common Stock Outstanding\",\"datePublished\":\"2023-07-27T08:07:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/surf-air-mobility-announces-update-regarding-nyse-reference-price-and-common-stock-outstanding\\\/\"},\"wordCount\":1173,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/surf-air-mobility-announces-update-regarding-nyse-reference-price-and-common-stock-outstanding\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20230726174038r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/surf-air-mobility-announces-update-regarding-nyse-reference-price-and-common-stock-outstanding\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/surf-air-mobility-announces-update-regarding-nyse-reference-price-and-common-stock-outstanding\\\/\",\"name\":\"Surf Air Mobility Announces Update Regarding NYSE Reference Price and Common Stock Outstanding - Market Newsdesk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/surf-air-mobility-announces-update-regarding-nyse-reference-price-and-common-stock-outstanding\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/surf-air-mobility-announces-update-regarding-nyse-reference-price-and-common-stock-outstanding\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20230726174038r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"datePublished\":\"2023-07-27T08:07:11+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/surf-air-mobility-announces-update-regarding-nyse-reference-price-and-common-stock-outstanding\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/surf-air-mobility-announces-update-regarding-nyse-reference-price-and-common-stock-outstanding\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/surf-air-mobility-announces-update-regarding-nyse-reference-price-and-common-stock-outstanding\\\/#primaryimage\",\"url\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20230726174038r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"contentUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20230726174038r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/surf-air-mobility-announces-update-regarding-nyse-reference-price-and-common-stock-outstanding\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Surf Air Mobility Announces Update Regarding NYSE Reference Price and Common Stock Outstanding\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\",\"name\":\"Market Newsdesk\",\"description\":\"Latest Business News in Real Time\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\",\"name\":\"Newsdesk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"caption\":\"Newsdesk\"},\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/author\\\/newsdesk\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Surf Air Mobility Announces Update Regarding NYSE Reference Price and Common Stock Outstanding - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/surf-air-mobility-announces-update-regarding-nyse-reference-price-and-common-stock-outstanding\/","og_locale":"en_US","og_type":"article","og_title":"Surf Air Mobility Announces Update Regarding NYSE Reference Price and Common Stock Outstanding - Market Newsdesk","og_description":"Surf Air Mobility Announces Update Regarding NYSE Reference Price and Common Stock Outstanding LOS ANGELES&#8211;(BUSINESS WIRE)&#8211; Surf Air Mobility Inc. (\u201cSurf Air Mobility\u201d or \u201cSAM\u201d), a regional air travel company aiming to sustainably connect the world\u2019s communities, today announced that a reference price of $20.00 per share of Common Stock has been established by the New York Stock Exchange (the \u201cNYSE\u201d) for the expected listing of SAM\u2019s Common Stock on the NYSE on Thursday, July 27, 2023. The number of shares of SAM\u2019s Common Stock outstanding upon listing will depend on the actual opening trading price per share on the listing date. Assuming that the opening trading price per share on the listing date equals the reference price of $20.00, &hellip; Continue reading \"Surf Air Mobility Announces Update Regarding NYSE Reference Price and Common Stock Outstanding\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/surf-air-mobility-announces-update-regarding-nyse-reference-price-and-common-stock-outstanding\/","og_site_name":"Market Newsdesk","article_published_time":"2023-07-27T08:07:11+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230726174038r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/surf-air-mobility-announces-update-regarding-nyse-reference-price-and-common-stock-outstanding\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/surf-air-mobility-announces-update-regarding-nyse-reference-price-and-common-stock-outstanding\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Surf Air Mobility Announces Update Regarding NYSE Reference Price and Common Stock Outstanding","datePublished":"2023-07-27T08:07:11+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/surf-air-mobility-announces-update-regarding-nyse-reference-price-and-common-stock-outstanding\/"},"wordCount":1173,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/surf-air-mobility-announces-update-regarding-nyse-reference-price-and-common-stock-outstanding\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230726174038r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/surf-air-mobility-announces-update-regarding-nyse-reference-price-and-common-stock-outstanding\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/surf-air-mobility-announces-update-regarding-nyse-reference-price-and-common-stock-outstanding\/","name":"Surf Air Mobility Announces Update Regarding NYSE Reference Price and Common Stock Outstanding - Market Newsdesk","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/surf-air-mobility-announces-update-regarding-nyse-reference-price-and-common-stock-outstanding\/#primaryimage"},"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/surf-air-mobility-announces-update-regarding-nyse-reference-price-and-common-stock-outstanding\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230726174038r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","datePublished":"2023-07-27T08:07:11+00:00","author":{"@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"breadcrumb":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/surf-air-mobility-announces-update-regarding-nyse-reference-price-and-common-stock-outstanding\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marketnewsdesk.com\/index.php\/surf-air-mobility-announces-update-regarding-nyse-reference-price-and-common-stock-outstanding\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/surf-air-mobility-announces-update-regarding-nyse-reference-price-and-common-stock-outstanding\/#primaryimage","url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230726174038r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","contentUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230726174038r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en"},{"@type":"BreadcrumbList","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/surf-air-mobility-announces-update-regarding-nyse-reference-price-and-common-stock-outstanding\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.marketnewsdesk.com\/"},{"@type":"ListItem","position":2,"name":"Surf Air Mobility Announces Update Regarding NYSE Reference Price and Common Stock Outstanding"}]},{"@type":"WebSite","@id":"https:\/\/www.marketnewsdesk.com\/#website","url":"https:\/\/www.marketnewsdesk.com\/","name":"Market Newsdesk","description":"Latest Business News in Real Time","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.marketnewsdesk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979","name":"Newsdesk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","caption":"Newsdesk"},"url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/"}]}},"_links":{"self":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/772941","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/comments?post=772941"}],"version-history":[{"count":0,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/772941\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/media?parent=772941"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/categories?post=772941"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/tags?post=772941"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}