Business Context and Reporting Period
Company: Surf Air Mobility Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: November 20, 2025
Reporting Period: Event date November 20, 2025
The Company is an emerging growth company incorporated in Delaware, with its principal executive offices in Hawthorne, CA. Its common stock trades on the New York Stock Exchange under the symbol "SRFM".
Key Financial Metrics
This filing is a current report regarding a regulatory event and does not contain audited financial statements, revenue, profit, cash flow, or debt figures for the reporting period.
Relevant Listing Standards Met:
- Market Capitalization: Achieved the NYSE minimum requirement of at least $50 million average over a 30-day trading period.
- Stockholders' Equity: Achieved the NYSE minimum requirement of at least $50 million.
Material Changes Versus Prior Period
Regulatory Status Change: The Company has regained compliance with NYSE quantitative continued listing standards (Section 802.01B).
Prior Status: On May 20, 2024, the Company received formal notice of non-compliance due to failing to maintain the required $50 million average market capitalization and $50 million stockholders' equity.
Current Status: As of November 20, 2025, the outstanding instance of non-compliance has been cured.
Guidance, Outlook, and Risks
Management Commentary: The filing confirms the receipt of notification from the NYSE that the Company has regained compliance. No forward-looking guidance, revenue outlook, or specific risk factors beyond the resolution of the listing deficiency are provided in this document.
Unusual Items: None reported in this filing.
Investor Verification Checklist
- Verify the current trading price and market capitalization of SRFM to confirm sustained compliance with the $50 million threshold.
- Review the most recent 10-K or 10-Q filings to confirm the specific stockholders' equity balance supporting the $50 million requirement.
- Monitor future 8-K filings for any new notices regarding listing standards or financial covenants.
- Confirm the Company's status as an emerging growth company and any associated reporting exemptions.