SCHEDULE 13G/A: Palantir Technologies Increases Stake in Surf Air Mobility to 19.9%

Palantir Technologies Inc. has increased its beneficial ownership in Surf Air Mobility Inc. to 19.9% of common stock, acquiring additional shares as payment for outstanding receivables.

Summary

• Palantir Technologies Inc. now beneficially owns 4,461,564 shares of Surf Air Mobility Inc. common stock.
• This represents 19.9% of Surf Air Mobility's total outstanding common stock.
• The total shares outstanding for Surf Air Mobility Inc. as of June 18, 2025, are 22,419,920.
• Palantir acquired an additional 1,040,557 shares on June 18, 2025, as payment for certain outstanding receivables.
• Palantir holds sole voting power and sole dispositive power over all 4,461,564 shares.

Sentiment

Score: 6

Explanation: The document is primarily a factual disclosure of increased beneficial ownership. While not explicitly positive or negative, a significant stake increase by a major company like Palantir could be interpreted as a vote of confidence, hence slightly positive sentiment.

Positives

• Palantir Technologies Inc., a prominent technology company, has increased its stake, potentially signaling confidence in Surf Air Mobility Inc.'s long-term prospects.

Negatives

• Information typically categorized as negatives regarding the issuer's performance or outlook is not present in this beneficial ownership filing.

Risks

• Specific business or financial risks for Surf Air Mobility Inc. are not detailed in this beneficial ownership filing.

Future Outlook

Forward-looking statements or guidance regarding Surf Air Mobility Inc.'s future operations or financial performance are not provided.

Industry Context

This filing indicates a significant investment by a major data analytics and software company, Palantir Technologies, into an aviation technology company, Surf Air Mobility. This could reflect a broader trend of technology firms investing in or partnering with companies in traditional sectors like aviation to drive digital transformation or leverage data-driven insights.

Comparison to Industry Standards

• Financial or operational results that can be compared to industry standards or specific comparable companies or projects are not provided in this beneficial ownership disclosure.

Management Changes

Corporate Governance

Legal Proceedings

• Litigation or regulatory matters concerning Surf Air Mobility Inc. are not reported.

Related Party Transactions

• Palantir Technologies Inc. received 1,040,557 shares of common stock as payment for certain outstanding receivables from Surf Air Mobility Inc. Given Palantir's significant ownership stake, this transaction could be considered a related party dealing.

Stakeholder Impact

• Shareholders: The increased stake by Palantir Technologies Inc. could be viewed positively, potentially signaling confidence in Surf Air Mobility's future and stability. It also indicates a significant concentration of ownership.
• Creditors: The conversion of receivables into equity for Palantir could impact the company's balance sheet structure, potentially reducing short-term liabilities if the receivables were current.

Next Steps

• Specific future actions, events, or milestones for Surf Air Mobility Inc. or Palantir Technologies Inc. are not outlined.

Key Dates

Keywords

Palantir Technologies, Surf Air Mobility, Beneficial Ownership, Common Stock, SEC Filing, Schedule 13G, Equity Stake, Aviation, Software, Data Analytics