Financial News

Palantir Technologies Reports a 7.1% Stake in Surf Air Mobility

Palantir Technologies Inc. (NYSE:PLTR) filed a Schedule 13G reporting a 7.1% stake in Surf Air Mobility Inc. (NYSE:SRFM) as of February 15, 2024, for a total amount of 5,205,492 shares.

Following the announcement, there was a noticeable increase in after-hours trading activity for Surf Air Mobility (NYSE:SRFM) stock.

As of 7:30 pm EST, after-hours trading volume surpassed 1.2 million trades.

Click here to view the Schedule 13G Filing.

Click here to learn more about Surf Air Mobility.

About Surf Air Mobility

Surf Air Mobility is a Los Angeles-based regional air mobility platform expanding the category of regional air travel to transform flying through the power of electrification. In an effort to substantially reduce the cost and environmental impact of flying and as the operator of the largest commuter airline in the US, Surf Air Mobility intends to develop powertrain technology with its commercial partners to electrify existing fleets and bring electrified aircraft to market at scale. The management team has deep experience and expertise across aviation, electrification, and consumer technology.

 

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