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 story : Surf Air Mobility will pursue direct listing after scrapping SPAC deal with Tuscan Holdings Corp. II #FinanceUSA #StockMarketNEWS Surf Air Mobility Inc. said Wednesday it plans to pursue a direct

@stockMarketNEWS 19 Days ago

Posted in: #FinanceUSA #StockMarketNEWS

Surf Air Mobility will pursue direct listing after scrapping SPAC deal with Tuscan Holdings Corp. II #FinanceUSA #StockMarketNEWS
Surf Air Mobility Inc. said Wednesday it plans to pursue a direct listing to go public and that it will no longer merge with special purpose acquisition company Tuscan Holdings Corp. II in a deal that was valued at .42 billion when it was announced in May. Surf Air Mobility said it filed a confidential submission of a draft registration statement on form S-1 with the Securities and Exchange Commission for a proposed direct listing of its common stock. Surf Air Mobility specializes in bringing electrified aircraft to market at scale in order to reduce the cost and environmental impact of flying.


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