Surf Air Mobility Inc. on Monday filed plans to list its stock for trading under the symbol SRFM in an upcoming initial public offering on the New York Stock Exchange. The Hawthorne, Calif., company specializes in proprietary, hybrid-electric and fully electric powertrain technology for new aircraft and existing fleet upgrades. The company reported a first-quarter net loss of $20.6 million on revenue of $5.51 million, compared to a net loss of $10.7 million and revenue of $4.
on Monday filed plans to list its stock for trading under the symbol SRFM in an upcoming initial public offering on the New York Stock Exchange. The Hawthorne, Calif., company specializes in proprietary, hybrid-electric and fully electric powertrain technology for new aircraft and existing fleet upgrades. The company reported a first-quarter net loss of $20.6 million on revenue of $5.51 million, compared to a net loss of $10.7 million and revenue of $4.82 million in the year-ago quarter.