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Surf Air Mobility, Inc. ( (SRFM) ) has provided an announcement.
On June 26, 2025, Surf Air Mobility Inc. held its Annual Meeting where stockholders approved several key proposals, including the election of Class B directors and the ratification of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2025. Additionally, stockholders approved an amendment to the company’s certificate of incorporation to implement a reverse stock split and an increase in the share reserve under the Amended and Restated 2023 Equity Incentive Plan by 3,500,000 shares. These decisions are set to impact the company’s governance and financial structuring, potentially influencing its market position and shareholder value.
The most recent analyst rating on (SRFM) stock is a Buy with a $12.00 price target. To see the full list of analyst forecasts on Surf Air Mobility, Inc. stock, see the SRFM Stock Forecast page.
Spark’s Take on SRFM Stock
According to Spark, TipRanks’ AI Analyst, SRFM is a Neutral.
The overall stock score reflects the company’s significant financial challenges, but is buoyed by positive technical indicators and strategic initiatives highlighted in the earnings call. The recent stock offering provides a financial cushion but underscores dependence on external capital.
To see Spark’s full report on SRFM stock, click here.
More about Surf Air Mobility, Inc.
Average Trading Volume: 3,842,286
Technical Sentiment Signal: Sell
Current Market Cap: $65.76M
Learn more about SRFM stock on TipRanks’ Stock Analysis page.