SCHEDULE: Palantir Discloses 9.9% Stake in Surf Air Mobility

Palantir Technologies Inc. has reported a 9.9% beneficial ownership stake in Surf Air Mobility Inc., holding 4,461,564 common shares.

Summary

• Palantir Technologies Inc. beneficially owns 4,461,564 shares of common stock in Surf Air Mobility Inc.
• This represents 9.9% of Surf Air Mobility Inc.'s outstanding common stock.
• The percentage is based on 44,789,644 shares of common stock outstanding as of September 8, 2025, as provided by the Issuer.
• Palantir holds sole voting power over 4,461,564 shares.
• Palantir holds sole dispositive power over 4,461,564 shares.
• The securities were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of Surf Air Mobility Inc., other than activities solely in connection with a nomination under Rule 14a-11.

Sentiment

Score: 5

Explanation: The filing is a routine disclosure of beneficial ownership. While the percentage ownership decreased due to dilution, the core investment remains, and the filing itself is a standard regulatory update without explicit positive or negative operational news from the issuer.

Positives

• Palantir Technologies Inc. maintains a significant 9.9% beneficial ownership in Surf Air Mobility Inc., indicating continued strategic interest or investment.
• The filing confirms Palantir's passive investment intent, stating the shares were not acquired for the purpose of changing or influencing control.

Negatives

• The percentage of class represented by Palantir's ownership decreased to 9.9% due to an increase in the outstanding shares of Surf Air Mobility Inc.'s common stock, indicating dilution for existing shareholders.

Risks

• Dilution of existing shareholder stakes due to an increase in the issuer's outstanding shares, as evidenced by Palantir's percentage ownership decreasing despite holding the same number of shares.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: Existing shareholders, including Palantir, experienced dilution of their percentage ownership due to an increase in the total outstanding shares of Surf Air Mobility Inc.

Key Dates

Recommendation

The filing is a routine update on a passive investment stake. While the percentage ownership has been diluted due to an increase in the issuer's outstanding shares, Palantir maintains a substantial position. This filing alone does not provide sufficient new information to warrant a change in investment thesis for Surf Air Mobility, but the dilution event should be noted. Investors should hold and monitor further developments from Surf Air Mobility regarding the reason for the increased share count.

Keywords

Palantir Technologies, Surf Air Mobility, Common Stock, Beneficial Ownership, SEC Filing, Schedule 13G, Equity Stake, Investment, PLTR, SRFM