Sections

    1. Investment Snapshot

    2. Price Chart

    3. Valuation & Price Target

    4. Business & Product Moat

    5. Market & Macro

    Discussion


Investment Snapshot
Price Chart
Valuation & Price Target
Business & Product Moat
Market & Macro
Discussion

SURF AIR MOBILITY INC.

Investment Snapshot

Symbol

SRFM

IPO Date (Actual)

2023-07-26

Offer Range

$20.00

Shares Offered

20.4M

Total Shares Post-IPO

69.5M

Market Cap

Target Price
$00.00

Implied Upside vs Midpoint

$00.00

Use of Proceeds

Price Chart

Historic Price Chart - SRFM
Valuation & Price Target

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Business & Product Moat

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Competitor Set
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Market & Macro

Sector context: Air Transportation, Nonscheduled

Same-industry IPOs from the last 365 days (as of 2026-06-04). Returns from IPO open price.

Median IPO open → current
-33.8%
win 25% · n=4
Median first month
-0.1%
win 50% · n=4
CompanyIPO DateOpen → CurrentFirst Month

AVEX

AEVEX Corp.
2026-04-17+15.5%+7.8%

ARXS

Arxis, Inc.
2026-04-16-7.3%-7.9%

ETS

Elite Express Holding Inc.
2025-08-21-86.0%-76.1%

AIRO

AIRO Group Holdings, Inc.
2025-06-13-60.4%+73.5%

Discussion